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Education as a positional good : the role of vouchers

Chen, Zhiqi; West, Edwin G. - 1997

Persistent link: https://www.econbiz.de/10000958164

Earnings returns to the British education expansion

Devereux, Paul J.; Fan, Wen - 2011

1970 and 1975. Using the Quarterly Labour Force Survey, we find that the expansion caused men to increase education by … about a year on average and gain about 8% higher wages; women obtained a slightly greater increase in education and a … obtain instrumental variables estimates of returns to schooling of about 6% for both men and women. -- return to education …

Persistent link: https://www.econbiz.de/10009731763

Regulating financial networks under uncertainty

Ramírez, Carlos - 2020

I study the problem of regulating a network of interdependent financial institutions that is prone to contagion when there is uncertainty regarding its precise structure. I show that such uncertainty reduces the scope for welfare-improving interventions. While improving network transparency...

Persistent link: https://www.econbiz.de/10012162697

Which households matter most? : capturing equity considerations in tax reform via generalised social marginal welfare weights

Madden, David; Savage, Michael - 2015

Social marginal welfare weights play an important role in areas of applied public policy analysis such as tax reform. These weights reflect the values of the social planner, or equivalently the underlying social welfare function. A number of recent papers have questioned the "default"...

Persistent link: https://www.econbiz.de/10010476701

You are judged by the company you keep : reputation leverage in vertically related markets

Choi, Jay Pil; Peitz, Martin - 2016

This paper analyzes a mechanism through which a supplier of unknown quality can overcome its asymmetric information problem by selling via a reputable downstream rm. The supplier s adverse-selection problem can be solved if the downstream rm has established a reputation for delivering high...

Persistent link: https://www.econbiz.de/10011492196

Discriminatory pricing of over-the-counter derivatives

Hau, Harald; Hoffmann, Peter; Langfield, Sam; Timmer, … - 2017

New regulatory data reveal extensive discriminatory pricing in the foreign exchange derivatives market, in which dealer-banks and their non-financial clients trade over-the-counter. After controlling for contract characteristics, dealer fixed effects, and market conditions, we find that the...

Persistent link: https://www.econbiz.de/10011978406

Uncertain consumer tastes and two-part tariff

Wang, Hao - 2007

A service provider sells to homogenous risk-averse consumers through a two-part tariff. The consumers have uncertain tastes toward the service. They subscribe the service before the uncertainty resolves. In contrast with the common view that a monpolist's optimal two-part tariff for homogeneous...

Persistent link: https://www.econbiz.de/10009298686

Blowing in the wind : the infiltration of Sicilian Mafia in the wind power business

Checchi, Valeria Virginia; Polo, Michele - 2019

Public policies in the last 20 years have promoted in Italy the investment in renewable energy sources within the framework of climate change policies. Investment in renewables received generous incentives, leading to a rapid expansion in the capacity installed. Judicial inquiries have uncovered...

Persistent link: https://www.econbiz.de/10012414925

Optimal contracts for renewable electricity

Parlane, Sarah; Ryan, Lisa - 2019

Companies are increasingly choosing to procure their power from renewable energy sources, with their own set of potential challenges. In this paper we focus on contracts to procure electricity from renewable sources that are inherently unreliable (such as wind and solar). We determine the...

Persistent link: https://www.econbiz.de/10012063073

Energy, output, and employment in the short run

Marks, Robert E. - 1983

Persistent link: https://www.econbiz.de/10000706158

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