Showing 1 - 10 of 98
the design of local and international policy instruments to prevent further deforestation and encourage forest growth …. This paper reviews the theory and evidence surrounding forest-related Payment for Ecosystem Services (PES) schemes intended …
Persistent link: https://www.econbiz.de/10013053439
What are the long-term economic effects of a more equal distribution of wealth? We exploit variation in historical inheritance rules for land in Germany. In some German areas, inherited land was to be shared or divided equally among children, while in others land was ruled to be indivisible....
Persistent link: https://www.econbiz.de/10012823850
Land requisition has been an important process by which Chinese local governments promote urbanization and generate revenue. This study investigates the impacts of land requisition on farmers' decisions of labor allocation between agricultural and non-agricultural sectors. We argue that,...
Persistent link: https://www.econbiz.de/10012960251
Like most other developing countries, China experiences huge migration outflows from rural areas. Their most striking characteristic is a high geographical and temporal mobility. Rural migrants keep going back and forth between origin villages and destination areas. In this paper, we show that...
Persistent link: https://www.econbiz.de/10013149505
We investigate the economic relevance and the composition of gifts within a firm where output is contractible. We develop a structural econometric model that identifies workers' optimal reaction to monetary gifts received from their employer. We estimate the model using data from two separate...
Persistent link: https://www.econbiz.de/10013157254
Agents operating in illegal markets cannot resort to the justice system to guarantee property rights, to enforce contracts, or to seek protection from competitors' improper behaviors. In these contexts, violence is used to enforce previous agreements and to fight for market share. This...
Persistent link: https://www.econbiz.de/10013120844
We present results from a field experiment testing the gift-exchange hypothesis inside a tree-planting firm paying its workforce incentive contracts. Firm managers told a crew of tree planters they would receive a pay raise for one day as a result of a surplus not attributable to past planting...
Persistent link: https://www.econbiz.de/10013317148
In this paper we propose the use of machine learning methods to estimate inequality of opportunity. We illustrate how our proposed methods—conditional inference regression trees and forests—represent a substantial improvement over existing estimation approaches. First, they reduce the risk...
Persistent link: https://www.econbiz.de/10013213350
in a Dark Forest universe; and (iii) the relevance of economics' Mythical Agent (homo economicus) for the design of value …
Persistent link: https://www.econbiz.de/10014241972
,000 observations of individuals living in 29 European countries. Our results reveal that political and fiscal decentralization have a … positive and significant effect on individuals' overall happiness. Fiscal decentralization also exerts a significant effect on … effect of political decentralization on these variables is more limited. The results show that citizens seem to be happier …
Persistent link: https://www.econbiz.de/10013126916