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Until Taxes Do Us Part : Tax Penalties or Bonuses and the Marriage Decision

Barigozzi, Francesca - 2017

up. In this signaling game, proposing (or getting married) is costly but can indicate strong love. The striking property … sufficiently large, the signaling mechanism breaks down, and only a pooling equilibrium in which fewer couples get married remains … equilibrium with efficiency enhancing information transmission, which was otherwise not possible. Our results also imply that …

Persistent link: https://www.econbiz.de/10012943699

Environmental Regulation and Competitiveness : Evidence from Romania

Caporale, Guglielmo Maria - 2010

According to the pollution haven hypotheses differences in environmental regulation affect trade flows and plant location. Specifically, environmental stringency should decrease exports and increase imports of "dirty" goods. This paper estimates a gravity model to establish whether the...

Persistent link: https://www.econbiz.de/10013141417

Europe Agreements and Trade Balance : Evidence Form Four New EU Members

Caporale, Guglielmo Maria - 2011

This paper analyses the trade balance effects of Europe agreements (EA) between the EU-15 and four new EU members from Central and Eastern Europe (CEEC-4) using both static and dynamic panel data approaches. Specifically, the system Generalized Method of Moments (GMM, Blundell and Bond, 1998)...

Persistent link: https://www.econbiz.de/10013125463

Turbulence, Firm Decentralization and Growth in Bad Times

Aghion, Philippe - 2017

value of local information and urgent action increases. Since turbulence rises in severe downturns, decentralized firms do …

Persistent link: https://www.econbiz.de/10012957505

Maybe 'Honor Thy Father and Thy Mother' : Uncertain Family Aid and the Design of Social Long Term Care Insurance

Canta, Chiara - 2017

We study the role and design of private and public insurance programs when informal care is uncertain. Children's degree of altruism is randomly distributed over some interval. Social insurance helps parents who receive a low level of care, but it comes at the cost of crowding out informal care....

Persistent link: https://www.econbiz.de/10012966047

Uncertain Altruism and Non-Linear Long-Term Care Policies

Canta, Chiara - 2018

information. Social LTC, on the other hand, may be non-monotonic. Under asymmetric information, social LTC is lower than its full … information level for the lowest level of altruism, while it is distorted upward for the higher level of altruism. This is …

Persistent link: https://www.econbiz.de/10012915327

Transfers within a Three Generations Family : When the Rotten Kids Turn into Altruistic Parents

Cremer, Helmuth - 2014

We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal care provided to their parents and education expenditures for their children. The young enjoy their education, while the old may leave a bequest to their children. Within each...

Persistent link: https://www.econbiz.de/10013051795

The Design of Insurance Coverage for Medical Products Under Imperfect Competition

Bardey, David - 2015

This paper studies the design of health insurance with ex post moral hazard, when there is imperfect competition in the market for the medical product. Various scenarios, such as monopoly pricing, price negotiation or horizontal differentiation are considered. The insurance contract specifies...

Persistent link: https://www.econbiz.de/10013028181

Social Insurance with Competitive Insurance Markets and Risk Misperception

Cremer, Helmuth - 2016

This paper considers an economy where individuals differ in productivity and in risk. Rochet (1991) has shown that when private insurance markets offer full coverage at fair rates, social insurance is desirable if and only if risk and productivity are negatively correlated. This condition is...

Persistent link: https://www.econbiz.de/10013001310

Earmarking and the Political Support of Fat Taxes

Cremer, Helmuth - 2015

not due to a self-control problem but due to information deficiencies or cognitive inability to process information …

Persistent link: https://www.econbiz.de/10013015020