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Grossman, Herschel I. - 1999

This paper explores a series of general-equilibrium models in which people can choose to be either producers or predators, and in which producers can allocate their resources either to production or to guarding their production against predators. The analysis shows how the ratio of predators to...

Persistent link: https://www.econbiz.de/10012471640

Debts and Deficits with Fragmented Fiscal Policymaking

Velasco, Andres - 1997

This paper develops a political-economic model of fiscal policy - one in which government resources are a common property' out of which interest groups can finance expenditures on their preferred items. This setup has striking macroeconomic implications. Transfers are higher than a benevolent...

Persistent link: https://www.econbiz.de/10012472527

Equilibrium Tax Rates and Income Redistribution : A Laboratory Study

Agranov, Marina - 2014

This paper reports results from a laboratory experiment that investigates the Meltzer-Richard model of equilibrium tax rates, inequality, and income redistribution. We also extend that model to incorporate social preferences in the form of altruism and inequality aversion. The experiment varies...

Persistent link: https://www.econbiz.de/10012458719

Nonlinear Pricing and Misallocation

Bornstein, Gideon; Peter, Alessandra - National Bureau of Economic Research - 2024

firms charge higher markups, yet the allocation of resources across firms is efficient. Further, we point to a new source of …

Persistent link: https://www.econbiz.de/10015145095

Financial development and growth in the short and long run

Fisman, Raymond - 2004

"We analyze the relationship between financial development and inter-industry resource allocation in the short- and …

Persistent link: https://www.econbiz.de/10010523015

The Impact of Trade on Intraindustry Reallocation and Aggregate Industry Productivity : A Comment

Baldwin, Richard E. - 2004

production re-allocation effect. Our comment points out that the set-up assumed in the Melitz model displays a trade off between …

Persistent link: https://www.econbiz.de/10012467972

Financial Development and Growth in the Short and Long Run

Fisman, Raymond - 2004

We analyze the relationship between financial development and inter-industry resource allocation in the short- and long …

Persistent link: https://www.econbiz.de/10012468457

A Theory of Factor Allocation and Plant Size

Holmes, Thomas J. - 2003

) the effects of trade and growth on the skill premium. The theory is consistent with certain facts about factor allocation …In this paper we develop a theory of how factors interact at the plant level. The theory has implications for: (1) the … micro foundations for capital skill complementarity (2) the relationship between factor allocation and plant size and (3 …

Persistent link: https://www.econbiz.de/10012468615

Kidney Exchange

Roth, Alvin E. - 2003

Most transplanted kidneys are from cadavers, but there are also substantial numbers of transplants from live donors. Recently, there have started to be kidney exchanges involving two donor-patient pairs such that each donor cannot give a kidney to the intended recipient because of immunological...

Persistent link: https://www.econbiz.de/10012468710

Parochial Interests and the Centralized Provision of Local Public Goods : Evidence from Congressional Voting on Transportation Projects

Knight, Brian - 2003

predict inefficiencies in the allocation of public goods, there is little direct evidence that individual legislators respond …

Persistent link: https://www.econbiz.de/10012468950