Showing 1 - 10 of 426
This paper considers the role of policy in an AI-intensive economy (interpreting AI broadly). It emphasizes the speed …
Persistent link: https://www.econbiz.de/10012918072
macro economy. Using a panel of 131 monthly macroeconomic time series for the sample 1964:1-2007:12, we estimate 8 static …
Persistent link: https://www.econbiz.de/10013152009
to be the peak capitalist economy in the new information economy. This paper develops criterion for judging peak status … workers, continued full employment will greatly strengthen the case for the US as peak economy. But with anything less than … full employment the US economy will lose its luster. Even if this occurs, however, the US record in employing women and …
Persistent link: https://www.econbiz.de/10013240540
Randomized controlled trials are increasingly used to evaluate policies. How can we make these experiments as useful as possible for policy purposes? We argue greater use should be made of experiments that identify behavioral mechanisms that are central to clearly specified policy questions,...
Persistent link: https://www.econbiz.de/10013124853
I examine Ronald Coase's criticism of standard regulatory and tax policies to address environmental externalities. I elaborate some of Coase's key points and discuss opportunities for Coasean exchange as an alternative mitigation approach. Regulation, tax, and Coasean exchange, such as through...
Persistent link: https://www.econbiz.de/10013000533
We ask whether attitudes toward government play a causal role in the evasion of U.S. personal income taxes. We use individual-level survey data to demonstrate a link between sharing the party of the president and trust in the administration generally and opinions on taxation and spending policy,...
Persistent link: https://www.econbiz.de/10012927031
This paper studies optimal lockdown policies in a dynamic economy without government commitment. A lockdown imposes a …
Persistent link: https://www.econbiz.de/10012835750
the output costs of the lockdown. We use the SIR epidemiology model and a linear economy to formalize the planner …
Persistent link: https://www.econbiz.de/10012837190
societies always have developed economies and developed polities suggests that the connection between economics and politics … must be a fundamental part of the development process. This paper develops an integrated theory of economics and politics … and limit violence. We call this type of political economy arrangement a natural state. It appears to be the natural way …
Persistent link: https://www.econbiz.de/10012778079
We study the formation of a ruling coalition in political environments. Each individual is endowed with a level of political power. The ruling coalition consists of a subset of the individuals in the society and decides the distribution of resources. A ruling coalition needs to contain enough...
Persistent link: https://www.econbiz.de/10012778980