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Udry (1996) uses household survey data and finds that the allocation of resources within households is Pareto … years, households try to avoid losses from Pareto inefficiency. -- intrahousehold allocation ; collective household models …
Persistent link: https://www.econbiz.de/10003287812
prediction of these models has not been validated, essentially because intrahousehold allocation is seldom observed. We provide …
Persistent link: https://www.econbiz.de/10012519216
This paper analyses the economic issues associated with human cloning and new reproductive technologies. We analyze the incentives for human cloning and its implications for the long run distribution of skills and income. We analyse models of human cloning for different motives, focusing on...
Persistent link: https://www.econbiz.de/10011414017
We consider a two-person Cournot game of voluntary contributions to a public good with identical individual preferences, and examine equilibrium aggregate welfare under a separable, symmetric and concave social welfare function. Assuming the public good is pure, Itaya, de Meza and Myles (Econ....
Persistent link: https://www.econbiz.de/10003808609
Population ethics is widely considered to be exceptionally important and exceptionally difficult. One key source of difficulty is the conflict between certain moral intuitions and analytical results identifying requirements for rational (in the sense of complete and transitive) social choice...
Persistent link: https://www.econbiz.de/10012062726
We use queuing-related behavior as an instrument for assessing the social appeal of alternative cultural norms. Specifically, we study the behavior of rational and sophisticated individuals who stand in a given queue waiting to be served, and who, in order to speed up the process, consider...
Persistent link: https://www.econbiz.de/10012019242
If redistribution is distortionary, and if the income of skilled workers is due to knowledgeintensive activities and depends positively on intellectual property, a social planner which cares about income distribution may in principle want to use a reduction in Intellectual Property Rights (IPRs)...
Persistent link: https://www.econbiz.de/10011415064
I illustrate that the welfare improvement property of the Melitz model is due to the shape of the aggregate labor demand curve, which slopes upwards. By slightly changing some assumptions in the model, this curve may have a negative slope. In this case, increases in aggregate productivity result...
Persistent link: https://www.econbiz.de/10003771871
We propose occupational decisions of heterogeneous individuals as an alternative mechanism of explaining the distribution of firm productivities emphasized by empirical studies. Thus, we integrate the frameworks of Melitz (2003), and of Manasse and Turrini (2001) that establish the theoretical...
Persistent link: https://www.econbiz.de/10009230184
pervasive informality. We provide a simple framework to analyze the impact of UC on the allocation of workers between formal and … informal activities, as well as the allocation of workers between sectors featuring different incentives to go informal. We …
Persistent link: https://www.econbiz.de/10009717080