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This paper studies general equilibrium when workers in the economy are also consumers of final goods. Once a firm and a worker are matched, there is a standard moral hazard problem. However, the firm's profit depends on the price of the good the worker produces, and the price is determined by...
Persistent link: https://www.econbiz.de/10012964063
In this paper, we acknowledge that the mitigation of and adaptation to climate change have differential fiscal impacts. Whereas mitigation typically raises fiscal revenues, adaptation is costly to the taxpayer and to a greater extent the more distortionary the tax system is. In an OLG model with...
Persistent link: https://www.econbiz.de/10012997332
A large literature following Hirsch (2005) has proposed citation-based indexes that could be used to rank academics. This paper examines how well several such indexes match labor market outcomes using data on the citation records of young tenured economists at 25 U.S. departments. Variants of...
Persistent link: https://www.econbiz.de/10013137445
This articles investigates the recent trends in co-authorship in economics. Using data from more than 700.000 journal …
Persistent link: https://www.econbiz.de/10013014982
to several categories of literature in language economics. It consolidates the respective literature lists used by the …
Persistent link: https://www.econbiz.de/10013013097
We study the importance of economists' professional situation toward their life satisfaction based on a unique survey of mostly academic economists. On average, economists report to be highly happy with life. Satisfaction is positively related to spending more time on doing research. The lack of...
Persistent link: https://www.econbiz.de/10013040007
We analyze the choice politicians face when seeking votes from groups that lobby for sales tax rate decreases or from groups that lobby for certain tax exemptions, given the constraint that politician wants to raise a certain amount of revenue. Using the application of sales taxes and sales tax...
Persistent link: https://www.econbiz.de/10013044671
the market: That's what Political Economy, understood as the application of economics to the study of political processes …-interested, unlike the benevolent despot of earlier models. History repeats itself with the rise of behavioral economics: Assuming … in a “benevolent” way. Recently, however, political economists have started to apply behavioral economics insights to the …
Persistent link: https://www.econbiz.de/10013045928
study provides an overview of experimental methods in economics, with a special focus on developing an economic theory of …
Persistent link: https://www.econbiz.de/10013315648
It is estimated that only 5% of musicians in Italy are regularly employed. In an attempt at understanding such a peculiar situation, we build a theoretical model of the musicians’ labour market in which we embed the main institutional features of the Italian system. We notice how the presence...
Persistent link: https://www.econbiz.de/10013316321