With much healthcare publicly funded, Hong Kong's rapidly aging population will significant raise fiscal pressure over coming decades. We ask what the implications are of meeting these costs by public funding, or private funding voluntarily or through mandates. Our simulations suggest that...

This paper uses a discontinuity on the test score disclosure rules of the National Secondary Education Examination in Brazil to test whether test score disclosure affects student performance, the composition of students in schools, and school observable inputs. We find that test score disclosure...

This paper surveys lessons from psychology and behavioural economics that could readily be incorporated into the economics classroom to provide a pluralistic approach to teaching welfare economics and enhance the ability of economics graduates to make contributions to policy analysis. It focuses...

Donations and volunteerism can be conceived as market transactions with zero explicit price. However, evidence suggests people may not view zero as just another price when it comes to pro-­social behavior. Thus, while markets might be expected to increase the supply of assets available to those...

The use of voluntary approaches to achieve environmental improvements has grown dramatically in the United States since they were first introduced thirteen years ago. As of 2004, there are over 50 voluntary programs in the U.S. at the federal level alone. These programs take a variety of forms,...

Rapid urbanization and increased industrialization have led to high pollution levels throughout Latin America. Economists tout policies based on market-based economic incentives as the most cost-effective methods for addressing a wide variety of environmental problems. This chapter examines...

Two are the fundamental drivers that will shape future transport and infrastructural policies: environmental and financial resource scarcity and the urgency to deal with climate change at least in its pragmatic dimension to comply with emissions reduction targets. The paper proposes a different...

The United States veterinary profession has changed markedly over the past 20 years. The human population has increased by 24% whereas the number declaring veterinarian as their profession has increased by 50% and the profession’s female share has increased from 27% to 50%. We discuss some...

When OSHA was established, proponents believed it would dramatically improve the safety and health of American workers. During the forty years of its existence, workplace fatalities and nonfatal injuries and illnesses have fallen but OSHA is not the major cause of this decline. Changes in the...