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Combining Rules and Discretion in Economic Development Policy : Evidence on the Impacts of the California Competes Tax Credit
Freedman, Matthew; Neumark, David; Khanna, Shantanu - National Bureau of Economic Research - 2021
We evaluate the effects of one of a new generation of economic development programs, the California Competes Tax Credit (CCTC), on local job creation. Incorporating perceived best practices from previous initiatives, the CCTC combines explicit eligibility thresholds with some discretion on the...
Persistent link: https://www.econbiz.de/10012496148
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A Note on the Efficient Design of Investment Incentives
Auerbach, Alan J. - 1980
revisions in evaluating the neutrality of different incentives. Another point we would make is that Boadway's results depend … these important elements of the problem, general results about the neutrality of different incentives can no longer be …
Persistent link: https://www.econbiz.de/10012478653
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Temporary Investment Tax Incentives : Theory with Evidence from Bonus Depreciation
House, Christopher - 2006
not affect future payoffs, there are strong incentives to delay or accelerate investment to take advantage of predictable … intertemporal variations in cost. For sufficiently long-lived capital goods, these incentives are so strong that the intertemporal … theory. In the law, certain types of long-lived capital goods qualify for substantial tax subsides while others do not. The …
Persistent link: https://www.econbiz.de/10012466153
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Optimal Decentralized Investment Management
van Binsbergen, Jules H. - 2006
linear performance benchmark and show that this benchmark can be used to better align incentives within the firm. The optimal …
Persistent link: https://www.econbiz.de/10012466511
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The Real Costs of Disclosure
Edmans, Alex - 2013
This paper models the effect of disclosure on real investment. We show that, even if the act of disclosure is costless, a high-disclosure policy can be costly. Some information ("soft") cannot be disclosed. Increased disclosure of "hard" information augments absolute information and reduces the...
Persistent link: https://www.econbiz.de/10012459240
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Financial Incentives and Other Nudges Do Not Increase COVID-19 Vaccinations among the Vaccine Hesitant
Chang, Tom; Jacobson, Mireille; Shah, Manisha; … - National Bureau of Economic Research - 2021
Can financial incentives, public health messages and other behavioral nudges -approaches deployed by state and local …-2021, we randomly assigned unvaccinated members of a Medicaid managed care health plan to $10 or $50 financial incentives … treatments increased overall vaccination rates. Consistent with backlash concerns, financial incentives and negative messages …
Persistent link: https://www.econbiz.de/10012660081
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When Is Tinkering with Safety Net Programs Harmful to Beneficiaries?
Clemens, Jeffrey; Wither, Michael J. - National Bureau of Economic Research - 2021
Interactions between redistributive policies can confront low-income households with complicated choices. We study one such interaction, namely the relationship between Medicaid eligibility thresholds and the minimum wage. A minimum wage increase reduces the number of hours a low-skilled...
Persistent link: https://www.econbiz.de/10012599318
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Incentives and Effort in the Public Sector : Have U.S. Education Reforms Increased Teachers' Work Hours?
Stoddard, Christiana - 2006
respond to the strength of contract incentives. Accordingly, we consider the response of teacher hours to accountability and …
Persistent link: https://www.econbiz.de/10012466701
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Incentives vs. Control : An Analysis of U.S. Dual-Class Companies
Gompers, Paul A. - 2004
Dual-class common stock allows for the separation of voting rights and cash flow rights across the different classes of equity. We construct a large sample of dual-class firms in the United States and analyze the relationships of insider's cash flow rights and voting rights with firm value,...
Persistent link: https://www.econbiz.de/10012468453
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The Incentive for Working Hard : Explaining Hours Worked Differences in the U.S. and Germany
Bell, Linda A. - 2000
This paper seeks to explain the greater hours worked by Americans compared to Germans in terms of forward-looking labor supply responses to differences in earnings inequality between the countries. We argue that workers choose current hours of work to gain promotions and advance in the...
Persistent link: https://www.econbiz.de/10012470681