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In U.S. elections, voters often vote for candidates from different parties for president and Congress. Voters also express dissatisfaction with the performance of Congress as a whole and satisfaction with their own representative. We develop a model of split-ticket voting in which government...
Persistent link: https://www.econbiz.de/10005526381
We study the large observed changes in labor supply by married women in the United States over 1950-1990, a period when labor supply by single women has hardly changed at all. We investigate the effects of changes in the gender wage gap, technological improvements in the production of nonmarket...
Persistent link: https://www.econbiz.de/10005498486
Persistent link: https://www.econbiz.de/10005425186
In this paper, we generalize the notion of Pareto-efficiency to make it applicable to environments with endogenous populations. Two efficiency concepts are proposed, P-efficiency and A-efficiency. The two concepts differ in how they treat people who are not born. We show how these concepts...
Persistent link: https://www.econbiz.de/10005427796
Persistent link: https://www.econbiz.de/10005388203
In this paper, we survey the principal theoretical models of endogenous growth and explore their common components through analyzing a series of planning problems. Our aim is to provide the reader with a consistent approach to the emerging literature on growth as an introduction to the field.
Persistent link: https://www.econbiz.de/10005412711
After the fall in fertility during the Demographic Transition, many developed countries experienced a baby bust, followed by the Baby Boom and subsequently a return to low fertility. Received wisdom from the Demography literature links these large fluctuations in fertility to the series of...
Persistent link: https://www.econbiz.de/10004977939
taxes on family size.
Persistent link: https://www.econbiz.de/10011080639
captures between 48 and 93 percent of the post-WWII baby boom.
Persistent link: https://www.econbiz.de/10011080864
How should society allocate health-care resources across individuals? In what ways is the current allocation of health-care inefficient? In this paper we study a model in which health status affects probability of survival and individuals are heterogeneous with respect to their labor...
Persistent link: https://www.econbiz.de/10011081288