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Convergent evidence for detrimental effects of punishment on cooperation has been obtained in a wide variety of environments, ranging from American students facing punishment in laboratory experiments, to Israeli parents facing fines for arriving late to their child’s day care. We show here...
Persistent link: https://www.econbiz.de/10009441131
This paper addresses the issues of whether the linking of core labor standards withmultilateral or bilateral trade agreements is an effective way of promoting the improvement of labor standards. We review the determinants of core labor standards overtime and conclude that efforts to improve...
Persistent link: https://www.econbiz.de/10009477357
The first chapter demonstrates that although it is possible to design utility functions that behave like empirical well-being, the functional forms relying on income adaptation and social comparisons put forward in the happiness literature fail to receive empirical validation. Under the income...
Persistent link: https://www.econbiz.de/10009476583
four and a half months to find a job. Combining these results, it is demonstrated that reducing the average unemployment … of various labor market and crime policies such as unemployment insurance, hiring subsidies and the duration of jail … sentences. For example, wage subsidies reduce unemployment, the crime rates of employed and unemployed workers, and improve …
Persistent link: https://www.econbiz.de/10009466027
In the leading chapter of this dissertation, "Unemployment, Vulnerability and Poverty: A New Class of Measures, Its … Axiomatic Properties and Applications," we, Kaushik Basu and myself, derive a new class of measures for unemployment or poverty …. Measures of unemployment and poverty have usually focused solely on those currently unemployed or below the poverty line …
Persistent link: https://www.econbiz.de/10009466172
distribution, wages, and unemployment. This comparison is important not only because it compares developing vs. developed country …
Persistent link: https://www.econbiz.de/10009468080
Why do dynamic inconsistencies in monetary policy exist? In this paper we present a traditional model with output inefficiencies, but we allow for monetary policy to be influenced by the various constituencies in the economy, that pressure the Congress to in turn pressure the central bank to...
Persistent link: https://www.econbiz.de/10009472582
Foreign direct investment is sparking a national debate. Local communities compete for investment projects, while many of the residents of those communities fear losing their jobs to foreign outsourcing. Some opponents argue that such job losses have disproportionately negative impact on local...
Persistent link: https://www.econbiz.de/10009475015
Recent evidence reveals an interesting relationship between macroeconomic conditions and population health/health behaviors: economic downturns have been correlated with positive effects on overall health and health behaviors, while economic booms have been correlated with the negative effects...
Persistent link: https://www.econbiz.de/10009475480
Rising wage inequality in the U.S. and Britain and rising continental European unemployment have led to a popular view …
Persistent link: https://www.econbiz.de/10009476767