the existence of these positive externalities for the US in 2000 in estimates using the Current Population Survey …

This paper addresses the questions of what is an economically efficient pension system, what are the externalities and … conclusion is that NDC is neutral in terms of externalities. It manages the risks and eliminates the negative externalities …

individual preferences and enjoy positive leisure-dependent externalities. For instance, a global sociological change where the …

This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model …

of the criticisms of the current subsidy system, however, is that it overemphasizes work and does little to encourage … care subsidies for child development. In this paper, we provide a systematic assessment of the impact of subsidy receipt on … relationship between child care subsidies and child development. In particular, our results suggest that subsidy receipt in the …

A complete account of the U.S. child care subsidy system requires an understanding of its implications for both … fill this gap by examining the impact of child care subsidy receipt on maternal health and the quality of child … of family well-being. In addition, we attempt to handle the possibility of non-random selection into subsidy receipt by …