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; the first assesses the social welfare implications of changes in household income distributions over the business cycle …
Persistent link: https://www.econbiz.de/10010884192
We use a microeconometric model of household labour supply in order to evaluate, with Italian data, the behavioural and …
Persistent link: https://www.econbiz.de/10010884211
This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when individuals have heterogeneous social and cognitive skills. In the model, there are gains to specialization and team production, but specialization requires communication and...
Persistent link: https://www.econbiz.de/10011279354
is shown how the formal-informal mix depends on the distribution of ability, product demand and various parameter values …. The industry equilibrium is compared to one in which informality is prohibited. With relatively high product demand, the … profit is redistributed towards more able entrepreneurs. With relatively low product demand the opposite effects obtain. We …
Persistent link: https://www.econbiz.de/10005761786
In a growing number of countries, the delivery of social welfare services is contracted out to private providers, and increasingly, using performance-based contracts. Critics of performance-based incentive contracts stress their potential unintended effects, including cream-skimming and other...
Persistent link: https://www.econbiz.de/10008562541
productivity to seek for a job. We examine the influence of the ratio between estimated potential labor income and the welfare …
Persistent link: https://www.econbiz.de/10005703241
jointly a collective model of household labor supply and a tax-benefit microsimulation program. In a first step, we suggest a … inverting the optimal household program to express productivities in function of observed labor incomes, under simple … incentives effects of the reform. By use of the collective approach, individual or household welfare indices can be aggregated …
Persistent link: https://www.econbiz.de/10005703449
We examine the socially optimal wealth distribution in a two-person two-good model with heterogeneous workers and asymmetric social interactions where only one (social) individual derives positive or negative utility from the leisure of the other (non-social) individual. We show that the...
Persistent link: https://www.econbiz.de/10005822152
We consider a two-person Cournot game of voluntary contributions to a public good with identical individual preferences, and examine equilibrium aggregate welfare under a separable, symmetric and concave social welfare function. Assuming the public good is pure, Itaya, de Meza and Myles (Econ....
Persistent link: https://www.econbiz.de/10005822299
In this paper, we introduce and apply a general framework for evaluating long-term income distributions according to the Equality of Opportunity principle. Our framework allows for both an ex-ante and an ex-post approach to EOp. Our ex-post approach relies on a permanent income measure defined...
Persistent link: https://www.econbiz.de/10008543265