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We extend the collective model of household consumption to account explicitly for child welfare and economies of scale. Each household member is characterized by specific prefer- ences and the (unspecified) allocation process is assumed to be efficient. Following the principle of the Rothbarth...
Persistent link: https://www.econbiz.de/10009643056
When the number of players is small in a weighted majority voting game, it can occur that one of the players has no influence on the result of the vote, in spite of a strictly positive weight. Such a player is called a “dummy” player in game theory. The purpose of this paper is to...
Persistent link: https://www.econbiz.de/10009650702
In this paper we analyze the fairness of the 2007 reform proposal concerning the apportionment of the seats between the regions for the Italian Senate. Theory of power indices is used to compare the actual case with the proposed one. Two scenarios are proposed, senators belonging to the same...
Persistent link: https://www.econbiz.de/10009650703
Italy has the lowest labor force participation of women among OECD countries. Moreover, the participation rate of married women is positively correlated to their husbands' income. We show that a high tax schedule together with tax credits and transfers raise the burden of two-earner house-...
Persistent link: https://www.econbiz.de/10009650704
This paper proposes a two-regime Bounce-Back Function augmented Self-Exciting Threshold AutoRegression (SETAR) which allows for various shapes of recoveries from the recession regime. It relies on the bounce-back effects first analyzed in a Markov-Switching setup by Kim, Morley and Piger [2005]...
Persistent link: https://www.econbiz.de/10009650705
In the United States, the president is elected by the Electoral Col- lege (EC) and not directly by individual voters. This can give rise to a so-called referendum paradox in which one candidate receives more popular votes than any other, but this candidate is not elected. The 2000 election is an...
Persistent link: https://www.econbiz.de/10009650706
Economic theory states that on market with imperfect competition, per unit consumption taxes should induce a larger increase of prices than ad valorem consumption taxes. It implies that consumers bear a larger share of the tax burden for per unit consumption taxes than for ad valorem consumption...
Persistent link: https://www.econbiz.de/10009652067
This paper analyzes the eect of spillovers and congestion of local public services on the segregative properties of endogenous formation of jurisdictions. Households choosing to live at the same place form a jurisdiction whose aim is to produce congested local public services, that can create...
Persistent link: https://www.econbiz.de/10009652068
Cette recherche a pour objectif de vérifier et de compléter les résultats des travaux de Damak (1996) qui montraient l’existence, chez les femmes, d’une relation de congruence ou de complémentarité entre l’image corporelle et les préférences de design de produits (en fonction de la...
Persistent link: https://www.econbiz.de/10009652069
We build a theory of political turnover in autocracies where citizens can only express their political preferences to remove the autocrat through costly mass protest. The disenfranchised are imperfectly informed about the autocrat's choice of economic institution. Workers only observe economic...
Persistent link: https://www.econbiz.de/10010595420