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Allocating subsidies for private investments to maximize jobs impacts

Robalino Aguirre, David A.; Romero, Jose Manuel; Walker, Ian - 2020

-linked externalities (JLEs). JLEs emerge when wages exceed the opportunity cost of labor (labor externalities), or when there are social … gains from creating better jobs for some classes of worker, such as women or youth (social externalities). Like all … externalities, JLEs create a gap between private and social rates of return. Investments can be socially profitable (once the …

Persistent link: https://www.econbiz.de/10012239109

Laws and norms

Bénabou, Roland; Tirole, Jean - 2012

This paper analyzes how private decisions and public policies are shaped by personal and societal preferences ("values"), material or other explicit incentives ("laws") and social sanctions or rewards ("norms"). It first examines how honor, stigma and social norms arise from individuals'...

Persistent link: https://www.econbiz.de/10009530311

Heterogeneous effects of missing out on a place at a preferred secondary school in England

Gorman, Emma; Walker, Ian - 2020

available. In this paper, we use nationally representative cohort data linked to administrative education records to study the …

Persistent link: https://www.econbiz.de/10012203074