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Members of political parties talk to each other often, and may thereby influence each other. For example, a liberal in a party of moderates may moderate his views. At the same time, the moderates in the party may become more sympathetic to liberal views. Voters in a district may favor such...
Persistent link: https://www.econbiz.de/10004977010
This paper studies the Minimum Divergence (MD) class of estimators for econometric models specified through moment restrictions. We show that MD estimators can be obtained as solutions to a computationally tractable optimization problem. This problem is similar to the one solved by the...
Persistent link: https://www.econbiz.de/10004977011
The Supplemental Security Income (SSI) program in the United States creates incentives for potential aged recipients to reduce labor supply prior to becoming eligible, and past research finds evidence of such behavior for older men. There may be a migration response to across-state variation in...
Persistent link: https://www.econbiz.de/10004977012
Economic growth has not led to a decline in religion despite past predictions that it would. I use a formal model of religious competition to show how economic growth produces counteracting effects on religious participation in an open religious market, while economic growth will have little...
Persistent link: https://www.econbiz.de/10004977013
We analyze and assess new evidence on employment dynamics from a new data source – the National Establishment Time Series (NETS). The NETS offers advantages over existing data sources for studying employment dynamics, including tracking business establishment relocations that can contribute to...
Persistent link: https://www.econbiz.de/10004977014
Success of a policy often requires both that a good policy be adopted, and that the public or firms correctly anticipate what policy government will adopt. This paper models a relation between committee size and the effectiveness of policy, with a focus on how the accuracy of the public’s...
Persistent link: https://www.econbiz.de/10004977958
This study examines a channel, students’ nuisance, to explain grade inflation. "Students’ nuisance" is defined by "students’ pestering the professors for better grades." This paper contains two parts: the game theoretic model and the empirical tests. The model shows that the potential...
Persistent link: https://www.econbiz.de/10004977959
We examine how international coordination between countries generates a trend to establish an international institution for the provision of global public goods. In the present model, the forces creating movement to international agreement are a politician's opportunistic motive for re-election,...
Persistent link: https://www.econbiz.de/10004977960
Civil wars and conflict can be understood from an economic point of view only if there is incomplete contracting. I examine such settings and first discuss sources of incomplete contracting, from geography and ethnic and social distance to external interventions due to geopolitics or the...
Persistent link: https://www.econbiz.de/10004977961
According to existing theory, religion thrives when groups overcome the free-rider problem in the production of religious goods. This paper explains, however, that allowing some free-riding is necessary in a dynamic setting. If an individual only contributes when she has high religious capital,...
Persistent link: https://www.econbiz.de/10004977963