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Political economists interested in discerning the effects of election outcomes on the economy have been hampered by the problem that economic outcomes also influence elections. We sidestep these problems by analyzing movements in economic indicators caused by clearly exogenous changes in...
Persistent link: https://www.econbiz.de/10003289884
We consider the aggregate and distributional impact of Universal Basic Income (UBI). We develop a model to study a wide …
Persistent link: https://www.econbiz.de/10012821896
Recently, there has been much discussion about replicability and credibility. By integrating the full research record, increasing statistical power, reducing bias and enhancing credibility, meta-analysis is widely regarded as 'best evidence'. Through Monte Carlo simulation, closely calibrated on...
Persistent link: https://www.econbiz.de/10012034162
data model with Spatial Moving Average Random Effects (SMA-RE) structure of the disturbances. A dynamic spatial Generalized …. Then, a forecasting approach is proposed and a linear predictor is derived. Using Monte Carlo simulations, we compare the …
Persistent link: https://www.econbiz.de/10011872320
the market share of the state-owned monopoly to 45 percent, the model predicts a 25.3 percent reduction in the price of …
Persistent link: https://www.econbiz.de/10012418650
If policy-makers care about well-being, they need a recursive model of how adult life-satisfaction is predicted by … childhood influences, acting both directly and (indirectly) through adult circumstances. We estimate such a model using the …
Persistent link: https://www.econbiz.de/10010201282
and customers are prone to fraudulent behavior of sellers and resulting market inefficiencies. We present the first model … framework. We test the model's predictions in a laboratory experiment. Both in theory and in the experiment diagnostic …
Persistent link: https://www.econbiz.de/10012313962
with a simple Leontief-type model, the proposed measure is constructed as a weighted average of unit labor costs of all …
Persistent link: https://www.econbiz.de/10011853655
This paper deals with two policy approaches to address the problem of the "pensions time bomb" by influencing private-sector pension provision. In assessing the role of private-sector pensions, it is common to concentrate exclusively on the issue of whether early retirement penalties or late...
Persistent link: https://www.econbiz.de/10011412356
The paper examines the following pension reform strategy that aims to defuse the pension time-bomb without giving rise to intergenerational conflict. Let people with rights to public pensions have the option of using a portion of their potential pensions to provide employment vouchers for...
Persistent link: https://www.econbiz.de/10011412372