Showing 1 - 10 of 124
To enforce regulations, governments often delegate power to public officials. However, officials may have incentives to abuse their discretionary power and engage in bribery or extortion. Efforts to monitor and curb such abuses have inspired interest in using new communication technologies to...
Persistent link: https://www.econbiz.de/10012970762
This paper formulates a structural empirical model of heterogeneous firms whose workers exhibit fair-wage preferences, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of the model in a data-set of five European...
Persistent link: https://www.econbiz.de/10013101194
attractive if they can be made both expressively and instrumentally appealing. This paper studies education policy in England and … proposes that arguments for increased state spending in school education is expressively appealing as it appears equitable, but …. Allocation to schools by lottery may be expressively but not instrumentally appealing. Cutting education spending and dividing …
Persistent link: https://www.econbiz.de/10013029499
, long-term care, and higher education …
Persistent link: https://www.econbiz.de/10013057658
This paper studies oligopolistic competition in education markets when schools can be private and public and when the … quality of education depends on “peer group” effects. In the first stage of our game schools set their quality and in the … public schools as regulatory tool in an otherwise private education sector …
Persistent link: https://www.econbiz.de/10013315806
This paper shows that the design of education policy involves a potential conflict between welfare and social mobility …. We consider a setting in which social mobility is maximized under the least elitist public education system, whereas … welfare maximization calls for the most elitist system. We show that when private education is available, the degree of …
Persistent link: https://www.econbiz.de/10013316250
endogenous fertility, two regimes of education finance are compared: central and local education. Using numerical simulation, I … find that local education finance yields higher growth at the price of increased inequality. Aggregate fertility may be …
Persistent link: https://www.econbiz.de/10013316652
It is a well known fact that economic development and distance to the equator are positively correlated variables in the world today. It is perhaps less well known that as recently as 1500 C.E. it was the other way around. The present paper provides a theory of why the “latitude gradient”...
Persistent link: https://www.econbiz.de/10012927736
of education, inequality, and (natural) resources. We highlight two contrasting effects of education and human capital … accumulation. On the one side, education prompts economic growth and enriches the budget of the autocratic elite. On the other side …, education increases the “awareness” of citizens - capturing their reluctance to accept a dictatorship and their labor …
Persistent link: https://www.econbiz.de/10012963389
The perpetual inventory method used for the construction of education data per country leads to systematic measurement … education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting …
Persistent link: https://www.econbiz.de/10012774497