Showing 131 - 140 of 427
through the input-output network, with a pattern broadly consistent with theory. Quantitatively, the network-based propagation …
Persistent link: https://www.econbiz.de/10011491706
We introduce the possibility of direct punishment by specialized enforcers into a model of community enforcement. Specialized enforcers need to be given incentives to carry out costly punishments. Our main result shows that, when the specialized enforcement technology is sufficiently effective,...
Persistent link: https://www.econbiz.de/10011491715
An influential thesis often associated with De Tocqueville views social mobility as a bulwark of democracy: when members of a social group expect to join the ranks of other social groups in the near future, they should have less reason to exclude these other groups from the political process. In...
Persistent link: https://www.econbiz.de/10011491901
Persistent link: https://www.econbiz.de/10011492648
This paper discusses the relevance of recent research on the economics of human development to the work of the Human Development and Capability Association. The recent economics of human development brings insights about the dynamics of skill accumulation to an otherwise static literature on...
Persistent link: https://www.econbiz.de/10011494022
Persistent link: https://www.econbiz.de/10011494391
Persistent link: https://www.econbiz.de/10011494842
We develop a microeconomic model of endogenous growth where clean and dirty technologies compete in production and innovation. in the sense that research can be directed to either clean or dirty technologies. If dirty technologies are more advanced to start with, the potential transition to...
Persistent link: https://www.econbiz.de/10010485007
Persistent link: https://www.econbiz.de/10010485562
Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers …
Persistent link: https://www.econbiz.de/10011404043