Showing 111 - 120 of 15,888
We develop a reliable Bayesian inference for the RIF-regression model of Firpo, Fortin and Lemieux (Econometrica, 2009) in which we first estimate the log wage distribution by a mixture of normal densities. This approach is pursued so as to provide better estimates in the upper tail of the wage...
Persistent link: https://www.econbiz.de/10010933806
A common finding of the optimal unemployment insurance literature is that the optimal UI replacement rate is around 50%, implying that current levels in the US are close to optimal. However, a key assumption in the existing literature is that unemployment benefits are the only government...
Persistent link: https://www.econbiz.de/10010933807
In the US labor market the average black worker is exposed to a lower employment rate and earns a lower wage compared to his white counterpart. Lang and Lehmann (2012) argue that these mean differences mask substantial heterogeneity along the distribution of workers' skill. In particular, they...
Persistent link: https://www.econbiz.de/10010933808
This paper studies the consequences of debt policies on the spatial distribution of output in a two-country model. It departs from the usual set up of local public finance by relaxing the assumption of balanced budget. Further, to single out the pure effect of debt the paper eliminates effects...
Persistent link: https://www.econbiz.de/10010933809
Nous étudions la perception que certains acteurs du littoral marseillais ont de la gouvernance de la zone, ainsi que de leur logique d'action en mobilisant le cadre d'analyse néo institutionnaliste de l'IAD (Institution Analysis and Design). Pour cela, des entretiens semi directifs ont été...
Persistent link: https://www.econbiz.de/10010933810
We consider an OLG economy with two consumption goods. There are two sectors that produce a pure consumption good and a mixed good which can be either consumed or used as capital. We prove that the existence of Pareto optimal expectations-driven fluctuations is compatible with standard sectoral...
Persistent link: https://www.econbiz.de/10010933811
Axiomatic models of decision under ambiguity with a non-unique prior allow for the existence of Crisp Fair Gambles: acts whose expected utility is nul whichever of the priors is used. But, in these models, the DM has to be indifferent to the addition of such acts. Their existence is then at odds...
Persistent link: https://www.econbiz.de/10010933812
We analyze the interplay between longevity, pollution and growth. We develop an OLG model where longevity, pollution and growth are endogenous. The authorities may provide two types of public services, public health and environmental maintenance, that participate to increase agents' life...
Persistent link: https://www.econbiz.de/10010933813
A growing literature on substitution between social programs provides consistent evidence that changes in the generosity of one program can lead to changes in enrollment on other programs. However, this evidence has been ignored in welfare analyses of social insurance programs. I demonstrate...
Persistent link: https://www.econbiz.de/10010933814
In many domains risky health behavior is still only poorly understood. Analysis is often plagued by incomplete data and a general lack of information. In this study; we try to understand the determinants of helmet use among motorcyclists in Delhi; a context in which road safety is very low. We...
Persistent link: https://www.econbiz.de/10010933815