We provide a case for maintaining welfare and income redistribution programs even when their adverse general equilibrium effects reduce total earnings of poor households. Using a Cournot model of intra-household decision-making, we show that even if welfare cutbacks generate large increases in...

We develop a general theoretical model of the effect of wage dispersion on team performance which nests two possibilities: wage inequality may have either negative or positive effects on team performance. A parameter which captures the marginal cost of effort, which we estimate using game-level...

Not all firms contributed to Australia’s impressive productivity growth in the 1990s. Some performed better than others, and entrants arrived even as incumbents exited. If firms make decisions on input demand and liquidation based on their productivity, the latter known to them...

This paper sets out a theoretical framework for models of the household production and labour supply decisions of families, and estimates empirical specifications on time use survey data containing information on labour supply, domestic work and pure leisure. The models are then compared with...

Using the French data set “2002 Employment Survey�, this paper aims to shed light on the nature of the gender wage differential in France, exploring the added-value of a non-parametric analysis over previous knowledge based on parametric estimates. The parametric...