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Using Varian´s social insurance framework with a piecewise linear two bracket income tax, where t_1 is the tax rate in the lower bracket and t_1+t_2 is the tax rate in the upper bracket, Strawcynski (1998) claims that optimal requires t_1^*t_2^*=1. This note provides three comments: First, it...
Persistent link: https://www.econbiz.de/10005419580
We examine the impact of social rewards in an unemployment insurance context. A social norm requires effort in proportion to perceived talent, but individuals cunningly choose effort so as to manipulate the perception of their talent. The model predicts that low talented individuals increase...
Persistent link: https://www.econbiz.de/10005577036
We study the Becker and Lewis (1973) quantity–quality model of children adding an explicit child care time constraint for parents. They can purchase day care or take care of the children themselves. Our results are: (i) If there is a combination of purchased and own care, the effect of income...
Persistent link: https://www.econbiz.de/10005642476
The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and financial property) to compensate less well off children whereas post mortem bequests are divided equally among siblings. We study a theoretical model assuming, first, that the amounts given is...
Persistent link: https://www.econbiz.de/10005644570
The probability of income loss depends on talent and effort. Effort has positive externalities and therefore individuals are proportion to their perceived diligence. The social norm requires more effort from individuals perceived as more talented, but talent is private information and...
Persistent link: https://www.econbiz.de/10005644616
Decentralised decisions, to a bureau with a given budget, about the production of public goods is analysed within a general equilibrium model with a representative agent and no pure profits. It is shown that decentralisation (i) does not necessarily imply aggregate production effciency and (ii)...
Persistent link: https://www.econbiz.de/10005645450
This study is a replication of "Are Muslim Immigrants Different in terms of Cultural Integration?" by Alberto Bisin, Eleonora Patacchini, Thierry Verdier and Yves Zenou, published in Journal of European Economic Association, 6, 445-456, 2008. Bisin et al. (2008) report that they have 5963...
Persistent link: https://www.econbiz.de/10005645458
This is a technical documentation of Arai et al. (2008) which replicates "Are Muslim Immigrants Different in Terms of Cultural Integration?" by Alberto Bisin, Eleonora Patacchini, Thierry Verdier and Yves Zenou, published in Journal of European Economic Association, 6, 445-456, 2008.<p> Bisin et...</p>
Persistent link: https://www.econbiz.de/10005645468
We study the Becker and Lewis (1973) quantity-quality model of children adding an explicit child care time constraint for parents. They can purchase day care or take care of the children themselves. Our results are: (i) If there is a combination of purchased and own care, the effect of income on...
Persistent link: https://www.econbiz.de/10005645484
The large differences among advanced OECD countries in the shares of workers that are employed by the government can probably only to a small part be explained by factors that are in the center of modern organization theory explanations for public vs. private ownership. This paper explores a new...
Persistent link: https://www.econbiz.de/10005645496