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-aged owning land may gain by providing public education even when they cannot tax the young. This requires that labor is not …
Persistent link: https://www.econbiz.de/10011398916
changes to regulation. Using shifting land use regulation boundaries and oil lease prices from Canada, we estimate the effect … of anticipated regulatory change on the value of land. We find that anticipated rezoning decreases the price of … regulation is capitalized into land values. …
Persistent link: https://www.econbiz.de/10011489414
high returns to land consolidation and reallocation. Complementarities, holdout and asymmetric information mean that … private trade will be slow to reallocate land, and imply that market design has the potential to contribute to the development …, comparing the performance of several continuous-time land exchanges. Farmers are able to achieve high degrees of efficiency, and …
Persistent link: https://www.econbiz.de/10011672473
Persistent link: https://www.econbiz.de/10003497662
We investigate labor exchange teams in rural communities, which are prevalent in many developing countries. We show theoretically that these teams are beneficial to employers, who can outsource the monitoring of workers. Team members are incentivized to exert a high level of effort because any...
Persistent link: https://www.econbiz.de/10015371981
Inadequate hygiene during menstruation can have severe consequences, such as adverse health effects, lower educational attainment and higher work absenteeism. Cultural taboos and social norms surrounding menstruation may contribute to misinformation about menstrual hygiene and may also interfere...
Persistent link: https://www.econbiz.de/10012514549
This paper reviews selected fiscal policy initiatives undertaken by US states to encourage job creation and innovation. We begin with a discussion of some general considerations about the design of tax policies summarized in a tax policy design table. Four policies are reviewed: job creation tax...
Persistent link: https://www.econbiz.de/10013473649
This paper studies how divided government - arising when control of the government branches is split between parties - affects the polarization of the legislature and policy implementation. Using data on electoral and legislative outcomes for US states and a regression-discontinuity design, we...
Persistent link: https://www.econbiz.de/10013285498
Empirical tests of the theories on the relationship between political competition and economic performance generate a puzzle: data tend to support the theory at the lower levels of government, but not in panels of countries. We argue that the larger set of policy instruments reduces the tax...
Persistent link: https://www.econbiz.de/10003763178
Persistent link: https://www.econbiz.de/10003497577