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Demographic Divide and Labor Migration in the Euro-Mediterranean Region
Tosun, Mehmet Serkan - 2011
This paper provides a demographic outlook of the Euro-Mediterranean region and then shows the economic and fiscal consequences of such demographic differences within a two-region model with international labor mobility. International labor mobility is also examined through an externalities...
Persistent link: https://www.econbiz.de/10013117397
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Spurring Economic Growth through Human Development : Research Results and Guidance for Policymakers
Bloom, David E. - 2020
Education, general health, and reproductive health are key indicators of human development. Investments in these domains can also promote economic growth. This paper argues for the importance of human development related investments based on i) a theoretical economic growth model with poverty...
Persistent link: https://www.econbiz.de/10012840892
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Control Rights in Public-Private Partnerships
Francesconi, Marco - 2006
This paper develops a theory of the allocation of authority between two parties that produce impure public goods. We … impurity is very low as long as one party's investment is more important than the other party's. If the parties' investments …
Persistent link: https://www.econbiz.de/10012780020
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On the Relationship between Public and Private Investment in the Euro Area
Dreger, Christian - 2014
This paper explores the long run relationship between public and private investment in the euro area in terms of … capital stocks and gross investment flows. Panel techniques ac-counting for international spillovers are employed. While … private and public capital stocks are cointegrated, the evidence is quite fragile for public and private investment flows …
Persistent link: https://www.econbiz.de/10013057463
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A Pigouvian Approach to Congestion in Matching Markets
He, Yinghua - 2019
Recruiting agents, or "programs" costly screen "applicants" in matching processes, and congestion in a market increases with the number of applicants to be screened. To combat this externality that applicants impose on programs, application costs can be used as a Pigouvian tax. Higher costs...
Persistent link: https://www.econbiz.de/10012896762
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Low, High and Super Congestion of an Open-Access Natural Resource : The Autarky Case
Schiff, Maurice - 2020
Production of commodities based on open-access renewable natural resources (NR) has usually been examined under "low" congestion (LC) – where MC AC and both increase with output. I identify two additional congestion categories, "high" (HC) and "super" (SC) congestion – where AC is...
Persistent link: https://www.econbiz.de/10012823865
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Labour Supply and Commuting
Gutierrez-i-Puigarnau, Eva - 2010
A new paradigm for transport economists has been established: revenues of a welfare-maximising road tax should be employed to reduce the level of a distortionary income tax. An essential modelling assumption to reach this conclusion is that the number of workdays is optimally chosen, whereas...
Persistent link: https://www.econbiz.de/10013146827
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Heterogeneous Productivity in Voluntary Public Good Provision : An Experimental Analysis
Fellner-Röhling, Gerlinde - 2011
This article experimentally examines voluntary contributions when group members' marginal returns to the public good vary. The experiment implements two marginal return types, low and high, and uses the information that members have about the heterogeneity to identify the applied contribution...
Persistent link: https://www.econbiz.de/10013128231
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Inequality, Inequity Aversion, and the Provision of Public Goods
Kölle, Felix - 2011
We investigate the effects of inequality in wealth on the incentives to contribute to a public good when agents are inequity averse and may differ in ability. We show that equality may lead to a reduction of public good provision below levels generated by purely selfish agents. But introducing...
Persistent link: https://www.econbiz.de/10013129910
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Competition, Cooperation, and Collective Choice
Markussen, Thomas - 2012
The ability of groups to implement efficiency-enhancing institutions is emerging as a central theme of research in economics. This paper explores voting on a scheme of intergroup competition which facilitates cooperation in a social dilemma situation. Experimental results show that the...
Persistent link: https://www.econbiz.de/10013104948