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Dur, Robert A. J.; Teulings, Coen N. - 2003 - This version: June 2003

Should education be subsidized for the purpose of redistribution? The usual argument against subsidies to education above the primary level is that the rich take up most education, so a subsidy would increase inequality. We show that there is a counteracting effect: an increase in the stock of...

Persistent link: https://www.econbiz.de/10011317437

Can Taxes on Cars and on Gasoline Mimic an Unavailable Tax on Emissions?

Fullerton, Don; West, Sarah E. - 2021

instruments. In a simple model with identical consumers, we show conditions under which the same efficiency can be attained by the … efficiency can again be obtained, but only if each person's gasoline tax rate can be made to depend on the characteristics of the …

Persistent link: https://www.econbiz.de/10013233023

A Framework to Compare Environmental Policies

Fullerton, Don - 2021

This paper builds a single model that can be used to show efficiency and distributional effects of eight different … approaches can be designed to have the same efficiency effects, even while they have different distributional effects. For … efficiency, enforcement capabilities, and political feasibility). The paper ends with a discussion of likely trade-offs among …

Persistent link: https://www.econbiz.de/10013220782

Reciprocity and incentive pay in the workplace

Dur, Robert A. J.; Non, Jan Adrianus; Roelfsema, Hein - 2008

We study optimal incentive contracts for workers who are reciprocal to management attention. When neither worker's effort nor manager's attention can be contracted, a double moral-hazard problem arises, implying that reciprocal workers should be given weak financial incentives. In a...

Persistent link: https://www.econbiz.de/10011377049

Are education and entrepreneurial income endogenous and do family background variables make sense as instruments? : a Bayesian analysis

Block, Jörn; Hoogerheide, Lennart; Thurik, Adriaan R. - 2010 - Current version: February 2010

Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial) income and of education. Using instrumental...

Persistent link: https://www.econbiz.de/10011380037

Family background variables as instruments for education in income regressions : a Bayesian analysis

Hoogerheide, Lennart; Block, Jörn; Thurik, Adriaan R. - 2010 - Current version: July 2010

The validity of family background variables instrumenting education in income regressions has been much criticized. In this paper, we use data of the 2004 German Socio-Economic Panel and Bayesian analysis in order to analyze to what degree violations of the strong validity assumption affect the...

Persistent link: https://www.econbiz.de/10011381026