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In the average voting rule, the outcome is some weighted average of votes. The unique average voting outcome is characterized by a median formula, which depends on voters' preferred allocations and some parameters constructed from voters' weights. A minority is said to be protected by a switch...
Persistent link: https://www.econbiz.de/10005663089
This paper examines the extent and evolution of intergenerational earnings mobility in France. We use data from five waves of the French Education-Training-Employment (FQP) surveys covering the period 1964 to 1993. Our estimation procedure follows Björklund and Jäntti (1997)’s two-sample...
Persistent link: https://www.econbiz.de/10004990411
We propose an indirect and robust method to detect a change in the concentration of economic affluence defined as an aggregate measure of the command over lifetime resources when the full stream of income receipts along the life cycle is unknown and only consumption surveys are available. The...
Persistent link: https://www.econbiz.de/10004967198
We investigate how potential tax-driven migrations modify the Mirrlees income tax schedule when two countries play Nash. The social objective is the maximin and preferences are quasilinear in income. Individuals differ both in skills and migration costs, which are continuously distributed. We...
Persistent link: https://www.econbiz.de/10010899349
We derive testable conditions ensuring that the income tax is optimal when agents are ex-ante identical but face idiosyncratic income risk. The optimal tax depends positively on both absolute risk aversion and risk variance and negatively on labor supply elasticity and absolute prudence. The...
Persistent link: https://www.econbiz.de/10010900234
This paper provides a method to single out customer-based discrimination in the housing market. We build a matching model with ethnic externalities where landlords differ in the number of housing units they own within the same building. Multiple-dwelling landlords discriminate more often than...
Persistent link: https://www.econbiz.de/10010900247
This study concerns Article 55 of the SRU law which requires certain municipalities in pain of financial penalties to have more than 20 housing. We develop in this evaluation an innovative methodology to measure the incentive of the Law on the actual production of housing. We confront our...
Persistent link: https://www.econbiz.de/10010900287
Persistent link: https://www.econbiz.de/10010785733
Consider the most simple problem in microeconomics, a maximization problem with an additive separable utility function over bundles of two goods which provide equal sat- isfaction to an agent. Although simple, this framework allows for a very wide range of applications, from the Arrow-Debreu...
Persistent link: https://www.econbiz.de/10010700758
This paper examines the possible reform of the system of aid to dependent individuals (apa), a reform aimed at recovering the subsidies awarded from the individual?s bequest. We develop a theoretical model with a dependent parent and an offspring that can potentially act as informal carer. The...
Persistent link: https://www.econbiz.de/10011025486