Showing 1 - 10 of 14
This paper models the interaction between individuals' identity choices and redistribution. Both redistributive policies and identity choices are endogenous, and there might be multiple equilibria. The model is applied to ethnicity and social class. In an equilibrium with high taxes, the poor...
Persistent link: https://www.econbiz.de/10010281284
I develop a model of public sector contracting based on the multitask framework by Holmström and Milgrom (1991). In this model, an agent can put effort into increasing the quality of a service or reducing costs. Being residual claimants, private owners have stronger incentives to cut costs than...
Persistent link: https://www.econbiz.de/10010281289
We study the effect of political polarization on public spending using the dispersion of self-reported political preferences as our measure of polarization. Political polarization is strongly associated with smaller government in democratic countries, but there is no relationship between...
Persistent link: https://www.econbiz.de/10010281329
I develop a model of public sector contracting based on the multitask framework by Holmström and Milgrom (1991). In this model, an agent can put effort into increasing the quality of a service or reducing costs. Being residual claimants, private owners have stronger incentives to cut costs than...
Persistent link: https://www.econbiz.de/10005423776
We study the effect of political polarization on public spending using the dispersion of self-reported political preferences as our measure of polarization. Political polarization is strongly associated with smaller government in democratic countries, but there is no relationship between...
Persistent link: https://www.econbiz.de/10004969819
This paper models the interaction between individuals' identity choices and redistribution. Both redistributive policies and identity choices are endogenous, and there might be multiple equilibria. The model is applied to ethnicity and social class. In an equilibrium with high taxes, the poor...
Persistent link: https://www.econbiz.de/10004998797
Helle et al. (2002) used data from Finnish parish records to study the cost of bearing sons vis-à-vis daughters in terms of postmenopausal longevity and found a large and significant cost associated with sons. In this paper, we replicate and extend their analysis on a larger dataset of...
Persistent link: https://www.econbiz.de/10005649312
Persistent link: https://www.econbiz.de/10010281259
This paper examines the long-run determinants of the evolution of top in-come shares. Using a newly assembled panel of 16 developed countries over the entire twentieth century, we find that financial development dis-proportionately boosts top incomes. This effect appears to be particularly...
Persistent link: https://www.econbiz.de/10010281266
The growth effects of international financial liberalization and integration are investigated using the methodology and data developed by Rajan and Zingales (1998). The main result is that industries highly dependent on external financing do not experience higher growth in value added in...
Persistent link: https://www.econbiz.de/10010281407