Showing 1 - 10 of 14
In this paper we study the effect of optimistic income expectations on life satisfaction amongst the Chinese population … strong in the countryside and amongst rural-to-urban migrants. The importance of these expectations for life satisfaction is … particularly pronounced in the urban areas, though also highly significant for the rural area. If expectations were to reverse from …
Persistent link: https://www.econbiz.de/10010597452
This paper studies how dual-self (Fudenberg and Levine, 2006) decision-makers can use commitment technologies to combat temptation and implement long-run optimal actions. I consider three types of commitment technologies: carrot contracts (rewards for ‘good’ behavior financed by borrowing...
Persistent link: https://www.econbiz.de/10010942998
Poland is the largest hard coal and second largest lignite producer in the EU, generating around 80 percent of its electricity from coal. Resistance to a reduction in coal production and consumption comes from various actors, namely, coal corporations, unions, parts of civil society and the...
Persistent link: https://www.econbiz.de/10012302896
We develop a model of legislative decision making in which lobbying and public policy are jointly determined. We examine how policy outcomes depend on the sizes of the interest groups. While a larger size typically involves favorable effects on policy, we also identify threshold levels of...
Persistent link: https://www.econbiz.de/10010930947
Transfers can do good; however, they can also result in massive failures. This paper presents a model that highlights the ambiguous nature of the impact of transfers on local endowments of social capital. It then describes an empirical investigation that illustrates that the receipt of EU...
Persistent link: https://www.econbiz.de/10010776755
For resource-rich countries, diversification is claimed to represent a strategy for reducing resource curse problems. This, however, depends on whether diversification has a positive effect on the country's institutions. While there is a lot of evidence that exports of oil have a negative impact...
Persistent link: https://www.econbiz.de/10010597360
A crisis is an unexpected event that creates uncertainty and poses a direct or perceived threat to the goals and norms of an organization or society. While crises are ubiquitous, how societies respond to crises, and the way crises affect societies, is largely a matter of constitutional political...
Persistent link: https://www.econbiz.de/10010573078
Economists traditionally view a Pigouvian fee on carbon dioxide and other greenhouse gas emissions, either via carbon taxes or emissions caps and permit trading (“cap-and-trade”), as the economically optimal or “first-best” policy to address climate change-related externalities. Yet...
Persistent link: https://www.econbiz.de/10011046702
This communication displays some of our on-going research on the incompleteness of China's advances toward “best practice” in policy-making and institution-building for renewables. In particular, this paper: (1) summarizes how Chinese policies and institutions for the deployment of renewable...
Persistent link: https://www.econbiz.de/10011046840
Prominent contributions to the resource curse literature suggest weak governance and corruption are important factors behind the wide welfare variations observed among oil producing countries. How weak governance and corruption influence revenue management and expenditure decisions, as well as...
Persistent link: https://www.econbiz.de/10011046933