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Migration, capital formation, and house prices
Grossmann, Volker; Schäfer, Andreas; Steger, Thomas M. - 2013
We investigate the effects of interregional labor market integration in a two-sector, overlapping-generations model with land-intensive production in the non-tradable goods sector (housing). To capture the response to migration on housing supply, capital formation is endogenous, assuming that...
Persistent link: https://www.econbiz.de/10009717256
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Pensions, household saving, and welfare : a dynamic analysis
Blau, David - 2011
Empirical analyses of the effects of public and private pensions on household saving impose strong assumptions in order to obtain a tractable empirical model: fixed retirement and pension claiming ages, no borrowing constraint, little or no uncertainty, and no institutional restrictions on...
Persistent link: https://www.econbiz.de/10009233017
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The welfare effects of time reallocation: evidence from Daylight Saving Time
Costa-Font, Joan; Fleche, Sarah; Pagan, Ricardo - 2021
Daylight Saving Time (DST) is currently implemented by more than seventy countries, yet we do not have a clear knowledge of how it affects individuals' welfare. Using a regression discontinuity design combined with a differences-in-differences approach, we find that the Spring DST causes a...
Persistent link: https://www.econbiz.de/10012592983
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Graying and staying on the job : the welfare implications of employment protection for older workers
Morris, Todd; Dostie, Benoît - 2023
on savings behavior, workplace injuries, and spousal retirement timing. …
Persistent link: https://www.econbiz.de/10014338675
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Immigration, search, and redistribution : a quantitative assessment of native welfare
Battisti, Michele; Felbermayr, Gabriel; Peri, Giovanni; … - 2014
We study the effects of immigration on native welfare in a general equilibrium model featuring two skill types, search frictions, wage bargaining, and a redistributive welfare state. Our quantitative analysis suggests that, in all 20 countries studied, immigration attenuates the effects of...
Persistent link: https://www.econbiz.de/10010418917
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The changing structure of immigration to the OECD : what welfare effects on member countries?
Burzyński, Michał; Docquier, Frédéric; Rapoport, Hillel - 2018
We investigate the welfare implications of two pre-crisis immigration waves (1991-2000 and 2001-2010) and of the post-crisis wave (2011-2015) for OECD native citizens. To do so, we develop a general equilibrium model that accounts for the main channels of transmission of immigration shocks - the...
Persistent link: https://www.econbiz.de/10011874688
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Control rights in public-private partnerships
Francesconi, Marco (contributor);  … - 2006
This paper develops a theory of the allocation of authority between two parties that produce impure public goods. We … impurity is very low as long as one party's investment is more important than the other party's. If the parties' investments …, including schools and child custody. -- impure public goods ; contractual incompleteness ; allocation of authority ; investment …
Persistent link: https://www.econbiz.de/10003392741
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Distribution of wealth and interdependent preferences
Grodner, Andrew (contributor);  … - 2008
We examine the socially optimal wealth distribution in a two-person two-good model with heterogeneous workers and asymmetric social interactions where only one (social) individual derives positive or negative utility from the leisure of the other (non-social) individual. We show that the...
Persistent link: https://www.econbiz.de/10003755338
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Variable search intensity in an economy with coordination unemployment
Kaas, Leo (contributor) - 2008
This paper analyzes an urn-ball matching model in which workers decide how intensively they sample job openings and apply at a stochastic number of suitable vacancies. Equilibrium is not constrained efficient; entry is excessive and search intensity can be too high or too low. Moreover, an...
Persistent link: https://www.econbiz.de/10003755951
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Gender based taxation and the division of family chores
Alesina, Alberto (contributor); Ichino, Andrea (contributor) - 2007
Gender Based Taxation (GBT) satisfies Ramsey's optimal criterion by taxing less the more elastic labor supply of (married) women. This holds when different elasticities between men and women are taken as exogenous and primitive. But in this paper we also explore differences in gender...
Persistent link: https://www.econbiz.de/10003652662