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Are optimistic expectations keeping the Chinese happy?

Frijters, Paul; Liu, Amy Y.C.; Meng, Xin - In: Journal of Economic Behavior & Organization 81 (2012) 1, pp. 159-171

In this paper we study the effect of optimistic income expectations on life satisfaction amongst the Chinese population … strong in the countryside and amongst rural-to-urban migrants. The importance of these expectations for life satisfaction is … particularly pronounced in the urban areas, though also highly significant for the rural area. If expectations were to reverse from …

Persistent link: https://www.econbiz.de/10010597452

Marital Status and Derived Pension Rights: A Political Economy Model of Public Pensions with Borrowing Constraints

Ono, Tetsuo - Graduate School of Economics, Osaka University - 2011

This paper develops an overlapping-generation model featuring four types of households: single female, single male, one-breadwinner couple and two-breadwinner couple. The paper considers majority voting over public pension in the presence of derived pension rights for one-breadwinner couples. In...

Persistent link: https://www.econbiz.de/10010907605

Marital Status and Derived Pension Rights: A Political Economy Model of Public Pensions with Borrowing Constraints

Ono, Tetsuo - Graduate School of Economics, Osaka University - 2011

Persistent link: https://www.econbiz.de/10010907609

Interest-group size and legislative lobbying

Schneider, Maik T. - In: Journal of Economic Behavior & Organization 106 (2014) C, pp. 29-41

We develop a model of legislative decision making in which lobbying and public policy are jointly determined. We examine how policy outcomes depend on the sizes of the interest groups. While a larger size typically involves favorable effects on policy, we also identify threshold levels of...

Persistent link: https://www.econbiz.de/10010930947

Value and Crisis Theory in the 'Great Recession'

Desai, Radhika; Freeman, Alan - Volkswirtschaftliche Fakultät, … - 2011

This is a prepublication version of an article which appeared in the World Review of Political Economy. Please cite as Desai, R. and A. Freeman. 2001. ‘Value and Crisis Theory in the “Great Recession”’. World Review of Political Economy. Vol 2 No. 1, Spring 2011. Pp 35-47. This article...

Persistent link: https://www.econbiz.de/10011258893

A Second Chance at Success: A Political Economy Perspective?

Arawatari, Ryo; Ono, Tetsuo - Graduate School of Economics, Osaka University - 2008

This paper characterizes a stationary Markov perfect political equilibrium where agents vote over income taxation that distorts their educational investment. Agents become rich or poor through educational investment, and the poor have a second chance at success. The results show the following...

Persistent link: https://www.econbiz.de/10005248640

Marital Status and Derived Pension Rights: A Political Economy Model of Public Pensions with Borrowing Constraints

Ono, Tetsuo - Graduate School of Economics, Osaka University - 2011

Persistent link: https://www.econbiz.de/10009372414

The Political Economy of Occupational Mobility and Redistribution Policy

Arawatari, Ryo; Ono, Tetsuo - Graduate School of Economics, Osaka University - 2008

In this study, we ask why countries with similar labor market characteristics experience different occupational mobility levels and redistribution policies. We develop a politico-economic model that integrates occupational mobility affected by individual educational investments with voting on...

Persistent link: https://www.econbiz.de/10005710071

Political Economy of Electricity Subsidy: Evidence from Punjab

Jain, Varinder - Volkswirtschaftliche Fakultät, … - 2006

The electricity subsidy distribution pattern needs to be scrutinised to assess whether the policy benefits small producers, a normative argument often made while granting any input subsidy. In Punjab, this policy is found to ignore equity considerations while granting non-discriminatory...

Persistent link: https://www.econbiz.de/10005836201

A Second Chance at Success: A Political Economy Perspective

Arawatari, Ryo; Ono, Tetsuo - Graduate School of Economics, Osaka University - 2008

This paper characterizes a stationary Markov-perfect political equilibrium where agents vote over income taxation that distorts educational investment. Agents become rich or poor through educational investment, and the poor have a second chance at success. The results show the following...

Persistent link: https://www.econbiz.de/10005774300