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Leaders and Followers : Perspectives on the Nordic Model and the Economics of Innovation
Stiglitz, Joseph E. - 2014
This paper is an exercise in comparative institutional analysis, asking what kinds of arrangements most facilitate innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may be particularly conducive to innovation, and...
Persistent link: https://www.econbiz.de/10013047034
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Can't We All Be More Like Scandinavians? Asymmetric Growth and Institutions in an Interdependent World
Acemoglu, Daron; Robinson, James A.; Verdier, Thierry - 2012
-style institutions? More generally, in an interdependent world, would we expect all countries to adopt the same institutions? To provide … theoretical answers to this question, we develop a simple model of economic growth in a world in which all countries benefit and … potentially contribute to advances in the world technology frontier. A greater gap of incomes between successful and unsuccessful …
Persistent link: https://www.econbiz.de/10013099537
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The Welfare Magnet Hypothesis : Evidence from an Immigrant Welfare Scheme in Denmark
Agersnap, Ole; Jensen, Amalie Sofie; Kleven, Henrik - 2022
Denmark. The first reform, implemented in 2002, lowered benefits for non-EU immigrants by about 50%, with no changes for …
Persistent link: https://www.econbiz.de/10013314317
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Migration and Welfare State : Why is America Different from Europe?
Razin, Assaf - 2014
Over the years, there emerged two key policy differences between Europe and America, both welfare and migration-states. The former has more generous welfare state and more liberal migration policies than the latter. In this paper we attempt to provide a political-economy explanation for these...
Persistent link: https://www.econbiz.de/10013047780
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Unequal Societies
Bénabou, Roland - 2021
This paper aims to explain the significant variations in the social contract observed across nations. It shows how countries with similar technologies and preferences, as well as equally democratic political systems, can sustain very different average and marginal tax rates. Similarly, it...
Persistent link: https://www.econbiz.de/10013210599
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The Welfare State and Migration : A Dynamic Analysis of Political Coalitions
Razin, Assaf - 2015
We develop a dynamic political-economic theory of welfare state and immigration policies, featuring three distinct voting groups: skilled workers, unskilled workers, and old retirees. The essence of inter- and intra-generational redistribution of a typical welfare system is captured with a...
Persistent link: https://www.econbiz.de/10013031031
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Flexibility and Job Creation : Lessons for Germany
Heckman, James J. - 2021
This paper examines the performance of the German economy and the role of the regulation and welfare state policies in affecting its performance. While the German economy is still strong, incentives in place are likely to impair future German competitiveness and productivity
Persistent link: https://www.econbiz.de/10013216096
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Welfare-State Remedy to Globalization and Aging Forces
Razin, Assaf - 2018
Globalization, in the form of financial flows, which is always advantageous on an aggregative level, typically creates winners and losers, if left exclusively to market forces. The paper demonstrates that typical welfare-state redistribution policies, governed by a majority of the population,...
Persistent link: https://www.econbiz.de/10012916166
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Do Firms Respond to Gender Pay Gap Transparency?
Bennedsen, Morten - 2019
change in Denmark that requires firms to provide gender disaggregated wage statistics. Using detailed employee …
Persistent link: https://www.econbiz.de/10012895010
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Redistributive Public Employment
Alesina, Alberto F.; Easterly, William; Baqir, Reza - 2021
Politicians may use disguised' redistributive policies in order to circumvent opposition to explicit tax-transfer schemes. First, we present a theoretical model that formalizes this hypothesis; then we provide evidence that in US cities, politicians use public employment as such a redistributive...
Persistent link: https://www.econbiz.de/10013224320