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Felli, Leonardo; Hortala-Vallve, Rafael - C.E.P.R. Discussion Papers - 2011

Large public bureaucracies are commonly regarded as less efficient than modern private corporations. This paper explores how the degree of discretionary power might account for this difference in efficiency. Indeed, increasing the discretionary power of the intermediate layers of an organization...

Persistent link: https://www.econbiz.de/10008873329

Cheap Talk with Multiple Audiences: an Experimental Analysis

Battaglini, Marco; Makarov, Uliana - C.E.P.R. Discussion Papers - 2010

communication between the sender and the receiver in a way consistent with the theoretical predictions. Deviations from the …

Persistent link: https://www.econbiz.de/10008784698

Rainfall Risk and Religious Membership in the Late Nineteenth-Century United States

Ager, Philipp; Ciccone, Antonio - C.E.P.R. Discussion Papers - 2014

Building on the idea that religious communities provide mutual insurance against some idiosyncratic risks, we argue that religious membership is more valuable in societies exposed to greater common risk. In our empirical analysis we exploit rainfall risk as a source of common economic risk in...

Persistent link: https://www.econbiz.de/10011083704

Optimal Taxation with Joint Production of Agriculture and Rural Amenities

Casamatta, Georges; Rausser, Gordon; Simon, Leo K - C.E.P.R. Discussion Papers - 2007

income from the consumers to the farmers. …

Persistent link: https://www.econbiz.de/10005792504

Capital Taxation under Political Constraints

Scheuer, Florian; Wolitzky, Alexander - C.E.P.R. Discussion Papers - 2015

This paper studies optimal dynamic tax policy under the threat of political reform. A policy will be reformed ex post if a large enough political coalition supports reform; thus, sustainable policies are those that will continue to attract enough political support in the future. We find that...

Persistent link: https://www.econbiz.de/10011168909

Return Intentions of Migrants: Theory and Evidence

Dustmann, Christian - C.E.P.R. Discussion Papers - 1994

This paper analyses the return intentions of migrant workers. An intertemporal model is developed where the point of return to the home country is endogenous. The analysis emphasizes three explanations of why it should be optimal to migrate only temporarily: differences in relative prices in the...

Persistent link: https://www.econbiz.de/10005067398

Inattentive Consumers

Reis, Ricardo - C.E.P.R. Discussion Papers - 2005

This paper studies the consumption decisions of agents who face costs of acquiring, absorbing and processing information. These consumers rationally choose to only sporadically update their information and re-compute their optimal consumption plans. In between updating dates, they remain...

Persistent link: https://www.econbiz.de/10005124420

Expanding Credit Access: Using Randomized Supply Decisions to Estimate the Impacts

Karlan, Dean S.; Zinman, Jonathan - C.E.P.R. Discussion Papers - 2007

Expanding credit access is a key ingredient of development strategies worldwide. Microfinance practitioners, policymakers, and donors have ambitious goals for expanding access, and seek efficient methods for implementing and evaluating expansion. There is less consensus on the role of consumer...

Persistent link: https://www.econbiz.de/10005114273

Agricultural Decisions after Relaxing Credit and Risk Constraints

Karlan, Dean S.; Osei, Robert; Osei-Akoto, Isaac; Udry, … - C.E.P.R. Discussion Papers - 2012

The investment decisions of small-scale farmers in developing countries are conditioned by their financial environment … conducted several experiments in northern Ghana in which farmers were randomly assigned to receive cash grants, grants of or …, farmers are able to find resources to increase expenditure on their farms. Demand for insurance in subsequent years is …

Persistent link: https://www.econbiz.de/10011083318

External shocks, internal shots: the geography of civil conflicts

Berman, Nicolas; Couttenier, Mathieu - C.E.P.R. Discussion Papers - 2014

This paper uses detailed information on the latitude and longitude of conflict events in Sub-Saharan African countries to study the impact of external income shocks on the likelihood of violence. We consider a number of external demand shocks faced by the countries or the regions within...

Persistent link: https://www.econbiz.de/10011083429