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The Pure Effect of Social Preferences on Regional Location Choices : The Evolving Dynamics of Convergence to a Steady State Population Distribution

Stark, Oded - 2019

This paper tracks the consequences of individuals' desire to align their location with their social preferences. The social preference studied in the paper is distaste for relative deprivation, measured in a cardinal manner. Location is conceived as social space, with individuals choosing to...

Persistent link: https://www.econbiz.de/10012870150

Household Search or Individual Search : Does it Matter? Evidence from Lifetime Inequality Estimates

Flabbi, Luca - 2012

Search Models of the labor market are widespread and influential but they usually ignore that labor market decisions are frequently taken at the household level. We fill this gap by developing and estimating an household search model with on-the-job search and labor supply. We build on previous...

Persistent link: https://www.econbiz.de/10013099113

Comparing Inequality Aversion Across Countries When Labor Supply Responses Differ

Bargain, Olivier - 2013

We analyze to which extent social inequality aversion differs across nations when controlling for actual country differences in labor supply responses. Towards this aim, we estimate labor supply elasticities at both extensive and intensive margins for 17 EU countries and the US. Using the same...

Persistent link: https://www.econbiz.de/10013086204

Tax-Benefit Systems in Europe and the US : Between Equity and Efficiency

Bargain, Olivier - 2011

preferences or efficiency constraints is an important question that paves the debate about the optimality of welfare regimes. To … approach to characterize the redistributive preferences embodied in the welfare systems of 17 EU countries and the US. Implicit … social welfare functions are broadly compatible with the fiction of an optimizing Paretian social planner. Some exceptions …

Persistent link: https://www.econbiz.de/10013131163

Intra-Industry Trade, Involuntary Unemployment and Macroeconomic Stability

Le Riche, Antoine; Lloyd-Braga, Teresa; Modesto, Leonor - 2021

We study the impact of intra-industry trade and capital mobility on steady state welfare and on the stability … size of the two countries. Steady state welfare improves in the full employment country with free trade and capital … mobility, while unemployment increases in the country with labor market rigidities, reducing welfare. We also find that taste …

Persistent link: https://www.econbiz.de/10013250260

Dynamics of Intrahousehold Bargaining

Andaluz Funcia, Joaquín; Marcén, Miriam; Molina, … - 2021

This paper studies the dynamics of bargaining in an intrahousehold context. To explore long-term partner relationships, we analyse bilateral bargaining by considering that spouses take decisions sequentially. We conclude that a greater valuation of the present, rather than the future, for the...

Persistent link: https://www.econbiz.de/10013324912

Market Distortions and Local Indeterminacy : A General Approach

Lloyd-Braga, Teresa - 2011

We provide a methodology to study the role of market distortions on the emergence of indeterminacy and bifurcations. Most of the specific market imperfections considered in the related literature are particular cases of our framework. Comparing them we obtain several equivalence results in terms...

Persistent link: https://www.econbiz.de/10013127337

A Pure Theory of Population Distribution When Preferences are Ordinal

Stark, Holger; Kosiorowski, Grzegorz - 2023

steady state obtains, whether at the steady state social welfare is maximized. Despite the fact that when there are three or … will take to reach the steady-state distribution; and we show that the steady-state distribution maximizes social welfare …

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

A Simple Method to Estimate Large Fixed Effects Models Applied to Wage Determinants and Matching

Mittag, Nikolas - 2017

Models with high dimensional sets of fixed effects are frequently used to examine, among others, linked employer-employee data, student outcomes and migration. Estimating these models is computationally difficult, so simplifying assumptions that are likely to cause bias are often invoked to make...

Persistent link: https://www.econbiz.de/10012966061

Smooth Income Tax Schedules : Derivation and Consequences

Estévez Schwarz, Diana - 2018

Existing tax schedules are often overly complex and characterized by discontinuities in the marginal tax burden. In this paper we propose a class of progressive smooth functions to replace personal income tax schedules. These functions depend only on three meaningful parameters, and avoid the...

Persistent link: https://www.econbiz.de/10012919519