Showing 1 - 10 of 62
This paper presents a first attempt at understanding some of the many issues involved in the granting of an amnesty to illegal immigrants. We consider government behavior with respect to allocations on limiting infiltration (border control) and apprehending infiltrators (internal control) and,...
Persistent link: https://www.econbiz.de/10005504554
Illegal immigration has been the focus of much debate in receiving countries, but little is known about what drives individual attitudes towards illegal immigrants. To study this question, we use the CCES survey, which was carried out in 2006 in the United States. We find evidence that - in...
Persistent link: https://www.econbiz.de/10008557005
This paper analyses capital export controls under majority voting. It is shown that individuals vote according to their factor endowment ratio. An individual’s optimal restriction is tighter, the lower their capital-labour ratio and the larger the country; it is also tighter if unemployment...
Persistent link: https://www.econbiz.de/10005656256
with uncertainty on the migrants' supply, where an elected official can either have preferences congruent with the median …
Persistent link: https://www.econbiz.de/10008854513
central result of the work by Backus and Driffill and by Barro is that the uncertainty may provide an incentive for the … in two ways. First, it considers a model in which the uncertainty about the government's preferences is somewhat more … exactly the policy measures taken by the government. The analysis of the more general model of uncertainty about preferences …
Persistent link: https://www.econbiz.de/10005504603
In this Paper we develop a model of intertemporal portfolio choice where an investor accounts explicitly for the possibility of model misspecification. This work is motivated by the difficulty in estimating precisely the probability law for asset returns. Our contribution is to develop a...
Persistent link: https://www.econbiz.de/10005504745
develop a model that incorporates central features of Knickerbocker's story-oligopoly, uncertainty, and risk aversion …
Persistent link: https://www.econbiz.de/10005497737
inventions. We find that uncertainty about the profitability of investing in new inventions generates a basis for intermediation …
Persistent link: https://www.econbiz.de/10005498006
uncertainty, deterring potential trainees, or labour market imperfections that create external benefits for firms. This paper …
Persistent link: https://www.econbiz.de/10005498076
King-Fullerton methodology cannot assess the minimum-asset tax (MAT) because it cannot handle uncertainty. We present … an alternative based on option pricing, and show how carry-over rules, depreciation conventions and uncertainty affect …
Persistent link: https://www.econbiz.de/10005498170