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What do poor women want? Public employment or cash transfers? Lessons from Argentina

Tcherneva, Pavlina R. - 2012

The literature on public employment policies such as the job guarantee (JG) and the employer of last resort (ELR) often emphasizes their macroeconomic stabilization effects. But carefully designed and implemented policies like these can also have profound social transformative effects. In...

Persistent link: https://www.econbiz.de/10010286510

Inequality, democracy, institutional quality, and fiscal redistribution

Chong, Alberto; Gradstein, Mark - 2007

This paper studies the joint effect of economic and political inequalities on redistributive taxation and institutional quality. The theoretical model suggests that income inequality, coupled with political bias in favor of the rich, decreases redistribution and lowers institutional quality. The...

Persistent link: https://www.econbiz.de/10010278272

Post Mortem Reputation, Compensatory Gifts and Equal Bequests

Lundholm, Michael; Ohlsson, Henry - 1999

The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and financial property) to compensate less well off children whereas post mortem bequests are divided equally among siblings. We study a theoretical model assuming, first, that the amounts given is...

Persistent link: https://www.econbiz.de/10010321811

Strong subjectivism in the Marxian theory of exploitation: A critique

Veneziani, Roberto; Yoshihara, Naoki - 2009

This paper critically analyses the strongly subjectivist approach to exploitation theory recently proposed by Matsuo … exploitation index can be constructed. It is argued that a minimal objectivism is necessary in exploitation theory, whereby … related to the 'New Interpretation' ([1]; [3]). It is argued that it captures the core intuitions of exploitation theory and …

Persistent link: https://www.econbiz.de/10010280783

Macroeconomic priorities and crash states

Salyer, Kevin D. - 2005

This paper reproduces Lucas's analysis of the costs of business cycles in an economy with a low probability, crash state in consumption growth. For reasonable parameter values, it is shown that the presence of a crash state dramatically increases the costs ofconsumption volatility. Specifically,...

Persistent link: https://www.econbiz.de/10010266389

Policy volatility and growth

Chong, Alberto; Gradstein, Mark - 2006

A growing body of recent macroeconomic evidence suggests that volatility is detrimental to economic growth. The channels through which volatility affects growth, however, are less clear; substantive evidence based on disaggregate data is almost non-existent. This paper offers a framework in...

Persistent link: https://www.econbiz.de/10010278247

Volunteering and the State

Hackl, Franz; Halla, Martin; Pruckner, Gerald J. - 2009

This paper explores the capability of the state to affect the individual's decision to work for free. For this purpose we combine individual-level data from the European and World Values Survey with macroeconomic and political variables for OECD member countries. Empirically we identify three...

Persistent link: https://www.econbiz.de/10010294897

Eu transfers and euroscepticism: Can't buy me love?

Borin, Alessandro; Macchi, Elisa; Mancini, Michele - 2018

This paper investigates whether EU redistributive policies improved the public attitude toward European integration, both in terms of public opinion and in terms of political preferences. We build a new dataset combining data from the European Social Survey, different data sources for political...

Persistent link: https://www.econbiz.de/10011969200

Endogenous social norms – implications for optimal welfare state programs

Dackehag, Margareta - 2009

This paper investigates the implications of an endogenous social work norm for the optimal welfare state program. Assuming that individual productivity is observable, the analysis finds that restrictions on program participation, implying a larger benefit to a smaller group of recipients, may be...

Persistent link: https://www.econbiz.de/10013208547

Financialisation and stagnation: A macroeconomic regime perspective

Hein, Eckhard - 2020

In this contribution we link the recently re-discovered tendencies towards stagnation with the features of financialisation, which have started to dominate developed capitalist economies in the early 1980s. We review the main macroeconomic channels of transmission of financialisation-namely, the...

Persistent link: https://www.econbiz.de/10012292734

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