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Renegotiation of Social Contracts by Majority Rule.
Anderberg, D.; Perroni, C. - Department of Economics, University of Warwick - 2000
-ante identical individuals make unobservable private investments in education. We show that voting-based renegotiation can result in …
Persistent link: https://www.econbiz.de/10005178308
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Entrepreneurial Taxation with Endogenous Entry
Scheuer, Florian - National Bureau of Economic Research (NBER) - 2013
indirectly achieve redistribution between entrepreneurs and workers. As a result, constrained Pareto optimal policies can involve … properties disappear when a differential tax treatment of profits and labor income is possible. In this case, redistribution is …
Persistent link: https://www.econbiz.de/10010785586
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Redistribution and Education Subsidies are Siamese Twins
Bovenberg, A. Lans; Jacobs, Bas - Tinbergen Institute - 2005
optimal education subsidies. Optimal subsidies on education ensure efficiency in human capital accumulation and thus play an … verify all investments in human capital, education policy offsets some but not all tax-induced distortions on learning. Non …-pecuniary educational costs (benefits) may increase (decrease) subsidies on education, especially if they are complementary to work effort. …
Persistent link: https://www.econbiz.de/10005136992
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Redistribution and Education Subsidies are Siamese Twins
Bovenberg, A. Lans; Jacobs, Bas - Tinbergen Instituut - 2005
optimal education subsidies. Optimal subsidies on education ensure efficiency in human capital accumulation and thus play an … verify all investments in human capital, education policy offsets some but not all tax-induced distortions on learning. Non …-pecuniary educational costs (benefits) may increase (decrease) subsidies on education, especially if they are complementary to work effort …
Persistent link: https://www.econbiz.de/10011257600
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Sustaining Korea's Convergence to the Highest-Income Countries
Jones, Randall S.; Urasawa, Satoshi - Economics Department, Organisation de Coopération et … - 2012
young people, improved vocational education at the secondary and tertiary levels would help overcome the labour mismatch … problem and the overemphasis on tertiary education. Enhancing educational quality at all levels would promote productivity …
Persistent link: https://www.econbiz.de/10011276834
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Is Soccer Good for You? The Motivational Impact of Big Sporting Events on the Unemployed
Doerrenberg, Philipp; Siegloch, Sebastian - Institute for the Study of Labor (IZA) - 2014
We examine the effect of salient international soccer tournaments on the motivation of unemployed individuals to search for employment using the German Socio Economic Panel 1984-2010. Exploiting the random scheduling of survey interviews, we find significant effects on motivational variables...
Persistent link: https://www.econbiz.de/10010884185
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Slow to Hire, Quick to Fire: Employment Dynamics with Asymmetric Responses to News
Schneider, Martin; Ilut, Cosmin; Kehrig, Matthias - National Bureau of Economic Research (NBER) - 2014
This paper studies the distribution of employment growth when firms adjust asymmetrically to dispersed but correlated signals. If hiring decisions respond more to bad news than to good news, both aggregate conditional volatility ("macro-volatility") and the cross sectional dispersion of...
Persistent link: https://www.econbiz.de/10010950903
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Favoritism Under Social Pressure
Garicano, Luis; Palacios, Ignacio; Prendergast, Canice - National Bureau of Economic Research (NBER) - 2001
This paper provides empirical evidence of favoritism by agents, where that favoritism is generated by social pressure. To do so, we explore the behavior of professional soccer referees. Referees have discretion over the addition of extra time at the end of a soccer game (called injury time), to...
Persistent link: https://www.econbiz.de/10005084939
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Self-Promoting Investments
Pitchik, Carolyn; Siow, Aloysius - University of Toronto, Department of Economics - 1997
What is the impact on human capital investment when a worker's ability and investments are observed by the labour market only when the worker invests in self-promoting activities? When firms pay spot market wages, high ability workers overinvest in self- promotion. There is no employment...
Persistent link: https://www.econbiz.de/10005704780
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Do Students Expect Compensation for Wage Risk?
Schweri, Jürg; Hartog, Joop; Wolter, Stefan - Institute for the Study of Labor (IZA) - 2009
We use a unique data set about the wage distribution that Swiss students expect for themselves ex ante, deriving parametric and non-parametric measures to capture expected wage risk. These wage risk measures are unfettered by heterogeneity which handicapped the use of actual market wage...
Persistent link: https://www.econbiz.de/10005822469