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Political economy of redistribution between traditional and modern families

Meier, Volker; Rablen, Matthew D. - 2019

We analyse a model in which families may either be “traditional” single-earner with caring for the child at home or “modern” double-earner households using market child care. Family policies may favour either the one or the other group, like market care subsidies vs. cash for care....

Persistent link: https://www.econbiz.de/10012024392

Fertility and welfare under demeny voting

Grechyna, Daryna; Vaithianathan, Rhema - 2024

This paper analyzes the welfare implications of children’s enfranchisement within a political economy framework that emphasizes the trade-offs in public policy when the electorate includes different age groups. Public spending is financed by tax revenues, meaning that higher spending on...

Persistent link: https://www.econbiz.de/10015158112

Optimal policy towards families with different amounts of social capital, in the presence of asymmetric information and stochastic fertility

Cigno, Alessandro (contributor); … - 2006

We examine the effects of differences in social capital on first and second best transfers to families with children, in an asymmetric information context where the number of births, and the future earning capacity of each child that is born, are random variables. The probability that a couple...

Persistent link: https://www.econbiz.de/10003301067

Transfers to families with children as a principal-agent problem

Cigno, Alessandro; Luporini, Annalisa; Pettini, Anna - 2000

The relationship between government and parents is modelled as a principal-agent problem, with the former in the role of principal and the latter in the role of agents. We make three major points. The first is that, if the well-being of the child depends not only on luck, but also on parental...

Persistent link: https://www.econbiz.de/10009781632

How to avoid a pension crisis : a question of intelligent system design

Cigno, Alessandro - 2009

Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...

Persistent link: https://www.econbiz.de/10003820014

Immigration and the distribution of incomes

Blau, Francine D.; Kahn, Lawrence M. - 2013

Immigration may impact income distribution both by affecting the skill composition of a country's residents, and, by changing relative factor supplies, its relative factor prices. We provide some background evidence on compositional factors but focus primarily on factor prices. We first consider...

Persistent link: https://www.econbiz.de/10010227178

Optimal carbon taxation and horizontal equity : a welfare theoretic approach with application to German household data

Hänsel, Martin C.; Franks, Max; Kalkuhl, Matthias; … - 2021

We develop a model of optimal carbon taxation and redistribution taking into account horizontal equity concerns by considering heterogeneous energy efficiencies. By deriving first- and second-best rules for policy instruments including carbon taxes, transfers and energy subsidies, we then...

Persistent link: https://www.econbiz.de/10012485343

Covid-induced school closures in the US and Germany : long-term distributional effects

Fuchs-Schündeln, Nicola - 2022

dropped on average by -55% in the US and -45% in Germany from the onset of the crisis to the summer of 2021. In the US …, schools were closed longer in richer than in poorer areas, while in Germany the regional variation is much smaller. However …, Germany exhibited substantial variation by grade level, with a strong U-shaped patterns that implies that children attending …

Persistent link: https://www.econbiz.de/10013177101

Daddy months

Meier, Volker; Rainer, Helmut - 2014

We consider a bargaining model in which husband and wife decide on the allocation of time and disposable income. Since her bargaining power would go down otherwise more strongly, the wife agrees to have a child only if the husband also leaves the labor market for a while. The daddy months...

Persistent link: https://www.econbiz.de/10010422205

An up-to-date joint labor supply and child care choice model

Thoresen, Thor Olav; Vattø, Trine Engh - 2017

Norwegian parents of preschool children make their care choices from a completely different choice set compared to what their predecessor did, say, two decades ago. Now, there is essentially only one type of nonparental care, center-based care, and at the parental side fathers take a more...

Persistent link: https://www.econbiz.de/10011721562