Showing 1 - 10 of 10,135
We study the welfare produced by a coordinated school assignment system that is based exclusively on minimizing distance to schools, comparing the matches it produces to a system that includes household preferences using a deferred acceptance algorithm. We leverage administrative data and a...
Persistent link: https://www.econbiz.de/10014480130
This paper analyses environmental fiscal policy within a two-sector endogenous growth model with elastic labour supply. Pollution is modelled as a side product of production. The framework allows us to analyse the consequences of an environmental tax on the economic dynamics. Both transitional...
Persistent link: https://www.econbiz.de/10011608679
The paper introduces a welfarist approach to the national safety of a nation with membership in a defense alliance as an option. The members are risk averse but heterogeneous in their safety classification. There are two public goods as insurance devices, the domestic military budget and the...
Persistent link: https://www.econbiz.de/10011280825
We introduce the concept of financial competence, a measure of the extent to which individuals' financial choices align with those they would make if they properly understood their opportunity sets. Unlike existing measures of the quality of financial decision making, the concept is firmly...
Persistent link: https://www.econbiz.de/10013025531
This paper analyses environmental fiscal policy within a two-sector endogenous growth model with elastic labour supply. Pollution is modelled as a side product of production. The framework allows us to analyse the consequences of an environmental tax on the economic dynamics. Both transitional...
Persistent link: https://www.econbiz.de/10014129997
The earlier work on the optimal design of the national security has focused on the opportunity cost of the draft in terms of foregone human capital formation. The current paper introduces the national security into the welfare analysis missing from the earlier work. This creates a trade-off...
Persistent link: https://www.econbiz.de/10010257235
The earlier work on the optimal design of the national security has focused on the opportunity cost of the draft in terms of foregone human capital formation. The current paper introduces the national security into the welfare analysis missing from the earlier work. This creates a trade-off...
Persistent link: https://www.econbiz.de/10013055393
of Education to issue temporary waivers (which expire in October of 2022) which essentially provide a path to forgiveness …
Persistent link: https://www.econbiz.de/10013334426
, education has, so far, received less attention — a surprising oversight, given the field's key interest in long-run decision … behavioral economics of education. We first develop a general framework for thinking about why youth and their parents might not … always take full advantage of education opportunities. We then discuss how these behavioral barriers may be preventing some …
Persistent link: https://www.econbiz.de/10014025220
Minimum wages are increasingly being used in developing countries as a policy to combat exploitation of workers and raise living standards. However, in many developing countries there is a substantial difference between de jure and de facto regulation. We examine the consequences of imperfect...
Persistent link: https://www.econbiz.de/10012228118