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A Dynamic Theory of Resource Wars
Acemoglu, Daron - 2011
second result shows that in some situations, regulation of prices and quantities by the resource-rich country can prevent war …
Persistent link: https://www.econbiz.de/10013131444
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Innovation and Welfare : Results from Joint Estimation of Production and Demand Functions
Jaumandreu, Jordi - 2010
This paper develops a simple framework to estimate the parameters of the production function together with the elasticity of the demand for the output and the impact of demand and cost shifters. The use of this framework helps, in the first place, to treat successfully the difficult problem of...
Persistent link: https://www.econbiz.de/10013139891
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Socioeconomic Differences in the Impact of Smoking Tobacco and Alcohol Prices on Smoking in India
Guindon, G. Emmanuel - 2011
tobacco prices has been found to be the single most effective method to reduce smoking. Yet, bidis, the most common form of … roughly in keeping with existing evidence. We find that a 10% increase in bidi prices would reduce the demand for bidis by … analyses also uncovers important and policy-relevant cross-prices effects. Findings from this study provide additional evidence …
Persistent link: https://www.econbiz.de/10013118833
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Reconciling Micro and Macro Labor Supply Elasticities : A Structural Perspective
Keane, Michael P. - 2011
The response of aggregate labor supply to various changes in the economic environment is central to many economic issues, especially the optimal design of tax policies. This paper surveys recent work that uses structural models and micro data to evaluate the size of this response. Whereas the...
Persistent link: https://www.econbiz.de/10013120287
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Corporate Demand for Insurance : an Empirical Analysis of the U.S. Market for Catastrophe and Non-Catastrophe Risks
Michel-Kerjan, Erwann - 2011
Using a unique dataset of insurance decisions by over 1,800 large U.S. corporations, this study provides the first empirical analysis of firm behavior that compares corporate demand for property and catastrophe insurance (here, terrorism). We combine demand and supply data and apply a...
Persistent link: https://www.econbiz.de/10013120307
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The Rand Health Insurance Experiment, Three Decades Later
Aron-Dine, Aviva - 2012
We re-present and re-examine the analysis from the famous RAND Health Insurance Experiment from the 1970s on the impact of consumer cost sharing in health insurance on medical spending. We begin by summarizing the experiment and its core findings in a manner that would be standard in the current...
Persistent link: https://www.econbiz.de/10013096134
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Fettered Consumers and Sophisticated Firms : Evidence from Mexico's Privatized Social Security Market
Duarte, Fabian - 2012
This paper brings new evidence from the privatized social security system in Mexico, offering insight into investment behavior and the efficacy of government "nudges" in the context of profit maximizing firms. We use administrative data from the social security system surrounding the government...
Persistent link: https://www.econbiz.de/10013096861
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Measuring Price Elasticities for Residential Water Demand with Limited Information
Klaiber, H. Allen - 2012
This paper exploits the seasonal and annual changes in marginal prices for water to estimate the price elasticity of … in response to changes in marginal prices of water for matched months across years. This strategy reduces the interaction …
Persistent link: https://www.econbiz.de/10013101832
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Strengthening State Capabilities : The Role of Financial Incentives in the Call to Public Service
Dal Bo, Ernesto - 2012
We study a recent recruitment drive for public sector positions in Mexico. Different salaries were announced randomly across recruitment sites, and job offers were subsequently randomized. Screening relied on exams designed to measure applicants' intellectual ability, personality, and...
Persistent link: https://www.econbiz.de/10013104987
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Structural Change with Long-Run Income and Price Effects
Comin, Diego - 2015
We present a new multi-sector growth model that features nonhomothetic, constant-elasticity-of-substitution preferences, and accommodates long-run demand and supply drivers of structural change for an arbitrary number of sectors. The model is consistent with the decline in agriculture, the...
Persistent link: https://www.econbiz.de/10013014662