Showing 1 - 10 of 48
sequencing of benefits), monitoring in conjunction with sanctions, and workfare. Our reading of the theoretical literature is …
Persistent link: https://www.econbiz.de/10011507749
This paper investigates whether a "Golden Rule" of regulation of an infectious disease may be elicited that balances the economic control and disease costs when the arrival of a future vaccine or a cure is uncertain. Formulating an optimal control problem applied to standard compartment models...
Persistent link: https://www.econbiz.de/10012888447
This research explores the persistent effect of the Neolithic Revolution on the evolution of life expectancy in the course of human history. It advances the hypothesis and establishes empirically that the onset of the Neolithic Revolution and the associated rise in infectious diseases triggered...
Persistent link: https://www.econbiz.de/10013171007
The purpose of this paper is to construct a relative performance index for the States in India in terms of their performance in combatting Covid-19 pandemic. The data is analyzed up to August, 2020, though the methodology used can be readily extended to update the index. The methodology can be...
Persistent link: https://www.econbiz.de/10012312116
Persistent link: https://www.econbiz.de/10003496832
loans. This practice has an adverse effect on commercial banks' monitoring incentives, encouraging the pursuit of private …
Persistent link: https://www.econbiz.de/10011342362
An authority delegates a monitoring task to an agent. It can only observe the number of detected offenders, but neither … the monitoring intensity chosen by the agent nor the resulting level of misbehavior. We provide a necessary and sufficient … condition for the implementability of monitoring policies. Typically, several monitoring intensities give rise to the same …
Persistent link: https://www.econbiz.de/10010256706
This paper extends the Mirrlees (1971) model of optimal non-linear income taxation with a monitoring technology that … the joint determination of the non-linear monitoring and tax schedules and the conditions under which these can be … implemented. Monitoring of labor effort reduces the distortions created by income taxation and raises optimal marginal tax rates …
Persistent link: https://www.econbiz.de/10010249672
of improving the efficiency of UI: the duration of benefit payments, monitoring in conjunction with sanctions, and … monitoring and sanctions restores search incentives most effectively, since it brings additional incentives to search actively so … monitoring and sanctions than in the other two systems. Workfare appears to be inferior to the other two systems. …
Persistent link: https://www.econbiz.de/10011509411
We analyze optimal redistribution in the presence of labor market signaling where innate productive ability is not only unobserved by the government, but also by prospective employers. Signaling in both one and two dimensions is considered, where in the latter case firms have an informational...
Persistent link: https://www.econbiz.de/10012599061