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During World War I the birth rate in France fell by 50%. Why? I build a model of fertility choices where the war implies a positive probability that a wife remains alone, a partially-compensated loss of a husband's income, and a temporary decline in productivity followed by faster growth. I...
Persistent link: https://www.econbiz.de/10010754122
An important incentive problem for the design of unemployment insurance is the fraudulent collection of unemployment benefits by workers who are gainfully employed. We show how to efficiently use a combination of tax/subsidy and monitoring to prevent such fraud. The optimal policy monitors the...
Persistent link: https://www.econbiz.de/10011240320