In a common agency game a set of principals promises monetary transfers to an agent which depend on the action he will take. The agent then chooses the action, and is paid the corresponding transfers. Principals announce their transfers simultaneously. This game has many equilibria; Bernheim and...

The purpose of this paper is to test whether a Marginal Employment Subsidy program (MES) is effective in reducing the length of unemployment spells. Our test is constructed in such a way as to isolate the direct effect of the MES from the business cycle effect (i.e. the variation in unemployment...

In this paper, we propose a theoretical model to study the effect of income insecurity of parents and offspring on the child’s residential choice. Parents are partially altruistic toward their childrenand will provide financial help to an independent child when her income is low relative to...

De acuerdo con argumentos neoclásicos, la inmigración, como fuente de crecimiento de la población, se ha visto tradicionalmente asociada con efectos negativos sobre la renta per cápita y el crecimiento en los países receptores. En este trabajo se analiza la forma en que dichos efectos...

In this paper we propose to measure inequality of educational achievements by constructing a Gini index on educational attainments. We then use the proposed measure to analyse the relationship between inequality in incomes and educational achievements (in terms of both the average attainments...

The Truckers and Turnover Project is an intensive case study of a single firm and its employees which matches proprietary personnel and operational data to new information collected by the researchers to create a two-year panel study of a large subset of new hires. The project’s most...