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A Pigouvian Approach to Congestion in Matching Markets

He, Yinghua - 2019

Recruiting agents, or "programs" costly screen "applicants" in matching processes, and congestion in a market increases with the number of applicants to be screened. To combat this externality that applicants impose on programs, application costs can be used as a Pigouvian tax. Higher costs...

Persistent link: https://www.econbiz.de/10012896762

Evaluating the Long-Run Impact of an Innovative Anti-Poverty Program : Evidence Using Household Panel Data

Asadullah, M. Niaz - 2016

Using a four-round panel data set from the first phase of the Challenging the Frontiers of Poverty Reduction – Targeting the Ultra Poor (CFPR – TUP) programme of BRAC, we investigate whether a one-off transfer of livestock assets improves well-being of the very poor women in Bangladesh....

Persistent link: https://www.econbiz.de/10012997454

Can Basic Entrepreneurship Transform the Economic Lives of the Poor?

Bandiera, Oriana - 2014

The world's poorest people lack capital and skills and toil for others in occupations that others shun. Using a large-scale and long-term randomized control trial in Bangladesh this paper demonstrates that sizable transfers of assets and skills enable the poorest women to shift out of...

Persistent link: https://www.econbiz.de/10013063908

Limited Attention as the Scarce Resource in an Information-Rich Economy

Falkinger, Josef - 2021

This paper uses basic empirical facts from attention and perception psychology for a behavioral approach to equilibrium …-rich and whether scarcity of attention complements economic scarcity. A conventional economic equilibrium results if subjects … equilibrium diversity and level of attention-seeking activities are shown. At the normative level, welfare, efficiency and optimal …

Persistent link: https://www.econbiz.de/10013318625

Government Subsidies as a Risk-Sharing Policy Tool in Innovation Investment

Lu, Hao; De Fuentes, Claudia; Milla, Joniada; Ahmadi, Soheil - 2022

Current literature on the impact assessment of government innovation subsidies is mainly empirical driven and lacks an overarching theoretical model to explain the conditions under which government subsidies create positive additionalities on private R&D investment. In this paper, we present a...

Persistent link: https://www.econbiz.de/10014241969

A Pure Theory of Population Distribution When Preferences are Ordinal

Stark, Holger; Kosiorowski, Grzegorz - 2023

We model an environment in which individuals prefer to be in a space in which their rank is higher, be it a social space, a geographical space, a work environment, or any other comparison sphere which we refer to in this paper, and without loss of generality, as a region. When the individuals...

Persistent link: https://www.econbiz.de/10014261428

Climate Risk and Beliefs in New York Floodplains

Gibson, Matthew - 2020

Applying a difference-in-differences framework to a census of residential property transactions in New York City 2003-2017, we estimate the price effects of three flood risk signals: 1) the Biggert-Waters Flood Insurance Reform Act, which increased premiums; 2) Hurricane Sandy; and 3) new...

Persistent link: https://www.econbiz.de/10012826730

Thinking of Incentivizing Care? The Effect of Demand Subsidies on Informal Caregiving and Intergenerational Transfers

Costa-Font, Joan - 2018

We study the effect of demand-side subsidies to old age care recipients on both caregiving and intergenerational transfer decisions. We exploit two quasi-natural experiments referring to the inception of a universal and unconditional caregiving allowance in 2007 and its subsequent reduction in...

Persistent link: https://www.econbiz.de/10012911185

Getting Life Expectancy Estimates Right for Pension Policy : Period Versus Cohort Approach

Ayuso, Mercedes - 2018

In many policy areas it is essential to use the best estimates of life expectancy, but such estimates are vital to most areas of pension policy – from indexed access age and the calculation of initial benefits to the financial sustainability of pension schemes and the operation of their...

Persistent link: https://www.econbiz.de/10012919497

Ndc : The Generic Old-Age Pension Scheme

Góra, Marek - 2019

This chapter defines a universal public pension scheme (UPPS) as a government-mandated lifecycle longevity insurance scheme that transfers individual consumption from the working years to the retirement phase of the lifecycle. It discusses the differences in four UPPS designs defined with regard...

Persistent link: https://www.econbiz.de/10012870259