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For an economy with altruistic parents facing productivity shocks, the optimal estate taxation is progressive: fortunate parents should face lower net returns on their inheritances. This progressivity reflects optimal mean reversion in consumption, which ensures that a long-run steady state...
Persistent link: https://www.econbiz.de/10012466061
economic incentives for blood donations. Subjects who were offered economic rewards to donate blood were more likely to donate … incentives, combining all of these effects, positively and significantly increased donations, ignoring individuals who took …
Persistent link: https://www.econbiz.de/10012461021
interaction of psychological and economic incentives from academic curiosity to a bona fide academic field. One recent area of … study within this genre that has sparked interest and debate revolves around the "hidden costs" of conditional incentives … findings emerge. First, there are hidden benefits of conditional incentives that would have gone undetected had we maintained a …
Persistent link: https://www.econbiz.de/10012461186
By putting together a relatively large data set on bilateral remittances of emigrants, this paper is able to shed light … on the important hypothesis of smoothing. The smoothing hypothesis is that remittances are countercyclical with respect … affirmation of smoothing is important for two reasons. First, it suggests that remittances should be placed on the list of …
Persistent link: https://www.econbiz.de/10012463230
-country savings does not affect remittances sent home by migrants …We implemented a randomized field experiment that tested ways to stimulate savings by international migrants in their … origin country. We find that migrants value and take advantage of opportunities to exert greater control over financial …
Persistent link: https://www.econbiz.de/10012458640
Economists have puzzled over why eligible individuals fail to enroll in social safety net programs. "Chilling effects" arising from an icy policy climate are a popular explanation for low program take-up rates among immigrants, but such effects are inherently hard to measure. This paper...
Persistent link: https://www.econbiz.de/10012462379
This paper estimates the effect of the childhood environment on a large array of social and economic outcomes lasting almost 60 years, for both the affected cohorts and for their children. To do this, we exploit a natural experiment provided by the 1949 Magic Carpet operation, where over 50,000...
Persistent link: https://www.econbiz.de/10012463763
Recent literature on the relationship between ethnic or racial segregation and outcomes has failed to produce a consensus view of the role of ghettos; some studies suggest that residence in an enclave is beneficial, some reach the opposite conclusion, and still others imply that any relationship...
Persistent link: https://www.econbiz.de/10012465572
Persistent link: https://www.econbiz.de/10013480762
population education; better-educated migrants; and increased migration in high-skilled jobs. Four-fifths of long-run income … origin areas. Increased income from international labor migration not only benefits migrants themselves, but also fosters …
Persistent link: https://www.econbiz.de/10013172161