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Do Financial Incentives Help Low-Performing Schools Attract and Keep Academically Talented Teachers? Evidence from California

Steele, Jennifer L.; Murnane, Richard J.; Willett, John B. - 2021

This study capitalizes on a natural experiment that occurred in California between 2000 and 2002. In those years, the state offered a competitively allocated $20,000 incentive called the Governor's Teaching Fellowship (GTF) aimed at attracting academically talented, novice teachers to...

Persistent link: https://www.econbiz.de/10013227071

Recent Marginal Labor Income Tax Rate Changes by Skill and Marital Status

Mulligan, Casey B. - 2012

This paper calculates monthly time series for the overall safety net's statutory marginal labor income tax rate as a function of skill and marital status. Marginal tax rates increased significantly for all groups between 2007 and 2009, and dramatically so for unmarried household heads. The...

Persistent link: https://www.econbiz.de/10013100129

Policies to Create and Destroy Human Capital in Europe

Heckman, James J. - 2010

workers under pressure. Weak incentives to utilize and maintain skills over the life-cycle become manifest with the ageing of … distortionary and inequitable. Actuarially fairer early retirement and pension schemes reduce the incentives to retire early and … strengthen incentives for human capital investment by increasing the time-horizon over which returns to human capital are …

Persistent link: https://www.econbiz.de/10013147542

The Political Economy of Fair Housing Laws Prior to 1968

Collins, William J. - 2021

The confluence of the Great Migration and the Civil Rights Movement propelled the drive for fair-housing' legislation which attempted to curb overt discrimination in housing markets. This drive culminated in the passage of the federal Civil Rights Act of 1968. By that time, 57 percent of the...

Persistent link: https://www.econbiz.de/10013221536

The Form of Property Rights : Oligarchic vs. Democratic Societies

Acemoglu, Daron - 2021

This paper develops a model where this is a trade-off between the enforcement of the property rights of different groups. An oligarchic' society, where political power is in the hands of major producers, protects their property rights, but also tends to erect significant entry barriers,...

Persistent link: https://www.econbiz.de/10013224880

Producers and Predators

Grossman, Herschel I. - 2021

This paper explores a series of general-equilibrium models in which people can choose to be either producers or predators, and in which producers can allocate their resources either to production or to guarding their production against predators. The analysis shows how the ratio of predators to...

Persistent link: https://www.econbiz.de/10013235281

Privatizing the Privatized

Tornell, Aaron - 2021

In the first part of this paper we argue that three reforms must be implemented if privatization is to increase efficiency. First, establishing unitary control rights within the firm. Second, making privatized firms face hard budget constraints. Third, establishing a non-corruptible judicial...

Persistent link: https://www.econbiz.de/10013240949

Grossman-Hart (1986) Goes Global : Incomplete Contracts, Property Rights, and the International Organization of Production

Antràs, Pol - 2011

implementation of the theory in open-economy environments and its implications for the international organization of production and … property-rights theory. Along the way, I develop novel theoretical results and also outline some of the key limitations of …

Persistent link: https://www.econbiz.de/10013119953

Property Rights and Intra-Household Bargaining

Wang, Shing-Yi - 2013

This paper examines whether an individual-level transfer of property rights increases the individual's bargaining power within the household. The question is analyzed in the context of a housing reform that occurred in China that gave existing tenants the opportunity to purchase the homes that...

Persistent link: https://www.econbiz.de/10013076182

Addressing Global Environmental Externalities : Transaction Costs Considerations

Libecap, Gary D. - 2014

Is there a way to understand why some global environmental externalities are addressed effectively whereas others are not? The transaction costs of defining the property rights to mitigation benefits and costs is a useful framework for such analysis. This approach views international cooperation...

Persistent link: https://www.econbiz.de/10013062612