Showing 1 - 10 of 44
We study a situation where the government influences consumers` behavior by providing both information and incentives. More generally, we propose a methodology for solving models of signl cum cheap talk. We develop the case of consumption choice in the presence of uncertainty nd external...
Persistent link: https://www.econbiz.de/10011651298
The paper focuses on the signaling value of a tax when agents are less informed on the effect of their consumption than the policy-maker. When he chooses the tax, the policy-maker optimizes both the incentive effect and the effect on beliefs. We show that optimal taxes under symmetric...
Persistent link: https://www.econbiz.de/10011651394
This paper argues for an alternative methodology to estimate the value of risk to life. By relaxing the assumption of additive separability, we introduce risk aversion with respect to the length of life and show that the extended model better fits available data. This is crucial for the...
Persistent link: https://www.econbiz.de/10010261253
The standard literature on the value of life relies on Yaari’s (1965) model, which includes an implicit assumption of risk neutrality with respect to life duration. To overpass this limitation, we extend the theory to a simple variety of preferences which are not necessarily additively...
Persistent link: https://www.econbiz.de/10011753197
Using a representative survey of the Italian population (N=1,501), we elicit gender norms regarding the sharing of domestic chores within couples, employing the methodology of Krupka and Weber (2013). Two vignettes present hypothetical scenarios in which the partners' labor supply, chore...
Persistent link: https://www.econbiz.de/10015209917
This paper investigates the role of intrinsic and extrinsic motivation in choosing a teaching career using data from the Household Income and Labour Dynamics in Australia. We find that the opportunity costs of becoming a teacher vary by gender: women enjoy a small wage premium, whilst males...
Persistent link: https://www.econbiz.de/10013426381
We present a simple dynamic model based on on-the-job human capital accumulation affecting the dynamic of wage rates and labor earnings. We show how these dynamics are determined by the interplay between the supply and demand sides of the labor market. The model can generate and explain the...
Persistent link: https://www.econbiz.de/10014290290
We present a simple dynamic model based on on-the-job human capital accumulation affecting the dynamic of wage rates and labor earnings. We show how these dynamics are determined by the interplay between the supply and demand sides of the labor market. The model can generate and explain the...
Persistent link: https://www.econbiz.de/10014296816
In Experimental Economics, coordination games are used to elicit social norms as incentivized beliefs about others' beliefs. Conversely, representative surveys like the World Values Survey elicit social norms as personal attitudes and values that are independent of others' beliefs. Using a...
Persistent link: https://www.econbiz.de/10014468632
Although women often outperform men in school and college, they still face higher unemployment rates and lower wages when employed. Are prospective workers aware of these inequalities, or do they expect to enter a genderneutral workplace? This paper investigates college students' expectations...
Persistent link: https://www.econbiz.de/10014468645