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Low, high and super congestion of a renewable natural resource under autarky and trade

Schiff, Maurice W. - 2021

Numerous developing economies depend vitally on renewable natural-resource (NR)-based commodities. This study develops a general equilibrium model to examine the steady-state impact of changes in a small economy's NR congestion under open access and optimal regulation. This issue has often been...

Persistent link: https://www.econbiz.de/10012509173

Democratisation under diversity: theory and evidence from Indonesian communities

Mitra, Anirban; Pal, Sarmistha - 2021

We study the effect of ethnic diversity on local public spending following fiscal decentralisation in a setting where local institutions are salient. Specifically, the latter affects coordination costs and thereby cooperative behaviour across the constituent ethnic groups. Our theory highlights...

Persistent link: https://www.econbiz.de/10012430676

Whether, when and how to extend unemployment benefits: theory and application to COVID-19

Mitman, Kurt; Rabinovich, Stanislav - 2021

We investigate the optimal response of unemployment insurance to economic shocks, both with and without commitment. The optimal policy with commitment follows a modified Baily-Chetty formula that accounts for job search responses to future UI benefit changes. As a result, the optimal policy with...

Persistent link: https://www.econbiz.de/10012431134

Prioritarianism and equality of opportunity

Brunori, Paolo; Ferreira, Francisco H. G.; Peragine, … - 2021

This paper asks whether prioritarianism - the view that social welfare orderings should give explicit priority to the worse-off - is consistent with the normative theory of equality of opportunity. We show that there are inherent tensions between some of the axioms underpinning prioritarianism...

Persistent link: https://www.econbiz.de/10012431403

Non-linear Incentives, worker productivity, and firm profits: evidence from a quasi-experiment

Freeman, Richard B.; Huang, Wei; Li, Teng - 2021

Using administrative data from a major Chinese insurance firm that raised its sales targets and rewards for insurance agents in a highly non-linear incentive system, we find that the improvement in productivity far outweighed the costs associated with bunching distortions and other gaming...

Persistent link: https://www.econbiz.de/10012433451

Motivational goal bracketing with non-rational goals

Koch, Alexander K.; Nafziger, Julia - 2021

We provide a tractable model of motivational goal bracketing by a present-biased individual, extending previous work to show that the main insights from models with rational goals carry over to a setting with non-rational goals. Goals motivate because they serve as reference points that make...

Persistent link: https://www.econbiz.de/10012435615

Optimal regional labor market policies

Jung, Philip; Korfmann, Philipp; Preugschat, Edgar - 2021

more important. To account for the documented regional dispersion we develop a spatial search and matching model with risk … idiosyncratic risk components and in regional matching efficiency. Based on region-specific estimates of these factors we then study …

Persistent link: https://www.econbiz.de/10012491368

Sterilization policy with incomplete information: Peru 1995-2000

Rendón, Sílvio - 2020

providing adequate information to their users for a free decision about their adoption. I use data from ENDES/DHS 2000, which … contains detailed information about contraceptive methods adopted in those years, with especial emphasis on sterilizations. I … about sterilizations: only 35% of sterilized women was given complete information, that is, that they will have no more …

Persistent link: https://www.econbiz.de/10012315404

Labor-market conditions and leadership styles

Dur, Robert A. J.; Kvaløy, Ola; Schöttner, Anja - 2020

Why do some leaders use praise as a means to motivate workers, while other leaders use social punishment? This paper develops a simple economic model to examine how leadership styles depend on the prevailing labor-market conditions for workers. We show that the existence of a binding wage floor...

Persistent link: https://www.econbiz.de/10012315429

Sterilization policy with incomplete information in Peru: does history repeat itself?

Jimènez, Bruno; Rendón, Sílvio - 2020

We contrast the socio-demographic profiles and degree of information received by women that were sterilized with women … electricity at home. There is not only no improvement in the information received by users of contraceptive methods with respect … to the 1990s, but there is even a worsening: the percentage of sterilized women that received complete information …

Persistent link: https://www.econbiz.de/10012315486