Showing 1 - 10 of 2,828
Persistent link: https://www.econbiz.de/10001733997
In many Western countries, the relative weight of people - measured by the Body Mass Index (BMI) - has increased substantially in recent years, leading to an increasing incidence of overweight and related health problems. As with many forms of risky behavior, it is plausible that overweight is...
Persistent link: https://www.econbiz.de/10002805498
. Yet, economic theory predicts that the scope for punishment as acting as a deterrent depends on how much individuals …
Persistent link: https://www.econbiz.de/10010355861
This paper studies a partial-contracting model where an agent may provide effort to increase a project’s scope before some later decisions have to be taken. Consistent with existing empirical evidence, we find a positive relationship between exogenous risk and delegation. That is, we show that...
Persistent link: https://www.econbiz.de/10003566282
Following early economist Francis Y. Edgeworth's proposal to measure people's hedonic experiences as they go about their daily lives, we use a smartphone app that over eight years randomly asked a panel of 30, 936 UK residents (N = 2, 235, 733) about their momentary feelings and activities to...
Persistent link: https://www.econbiz.de/10014311979
redistribution from the rich to the poor will improve social welfare, regardless of how small inequality is in the status quo …
Persistent link: https://www.econbiz.de/10003808609
show that the progressive labor tax can partially substitute for the redistribution in social security, thus reducing the …
Persistent link: https://www.econbiz.de/10012888436
Thirty years after the "Washington Consensus", is there a new policy consensus that addresses the problem of inequality? This paper argues that there is widespread acceptance that multiple, interrelated and mutually reinforcing inequalities exist - in income, wealth, education, health, power,...
Persistent link: https://www.econbiz.de/10014338520
fact become a very weak one. For what it matters, targeting tends to be associated with higher levels of redistribution …
Persistent link: https://www.econbiz.de/10009753045
This paper provides a novel justification for using a minimum wage to supplement an optimal tax-and-transfer system. We demonstrate that if labor supply decisions are concentrated along the intensive margin and employment is efficiently rationed, a minimum wage can be socially beneficial by...
Persistent link: https://www.econbiz.de/10010402108