Showing papers in "Journal of Public Economics in 1990"

TL;DR: This article examined the impact of the potential duration of unemployment insurance (UI) benefits on unemployment in the United States and found that a one week increase in potential benefit duration increases the average duration of the unemployment spells of UI recipients by 0.16 to 0.20 weeks.

TL;DR: In this paper, the current value Hamiltonian in an aggregate optimal growth problem with heterogeneous capital stocks including exhaustible, renewable and environmental stocks is the NNP function, and the using up of natural resource stocks is representable as easy-to-interpret economic depreciation magnitudes.

TL;DR: In this paper, the authors examined the efficiency properties of a federation characterized by strategically competing regions and freely mobile homogeneous individuals and concluded that achieving a Pareto optimal will require intervention by a national authority.

TL;DR: In this article, the relationship between optimal taxation and optimal tax enforcement is analyzed, and the authors derive rules for optimal tax rates and enforcement expenditures, which also indicate the marginal cost of government funds and optimal enforcement priorities for a tax collection agency.

TL;DR: The authors used micro-level data from the Current Population Survey (CPS) to estimate the determinants of participation in state workers' compensation programs in the United States, and found that higher workers compensation benefits are associated with greater participation in the workers compensation program, after accounting for a variety of covariates.

TL;DR: In this paper, the authors use shadow prices to evaluate public projects and policy reforms when market prices give misleading signals, and demonstrate the critical dependence of these prices on government policy and analyse their relations with market prices.

TL;DR: In this paper, new measures of the additional excess burden of a tax reform are proposed and are shown to be useful in three key policy applications, and the new measures induce a unique measure of marginal excess burden (MEB ), which is uniformly zero for a proportional tax on inelastically supplied labor.

TL;DR: In this paper, a particular nonlinear tax rule is studied, which subsidizes asset values, but may discourage some investments and encourage earlier shutdown of some projects, and the marginal effective tax rate varies with project risk.

TL;DR: In this paper, the authors investigate the relationship between congestion tolls and capacity expansion costs for congestion-prone transportation infrastructures with lumpy investment and show that the relative magnitudes of total congestion toll and total capacity costs in an investment cycle depend on the time pattern of traffic growth.

TL;DR: In this article, a new policy option for government using its role as a dominant employer to reduce relative public sector wages is discussed, and a longitudinal analysis of wage differences between the public and the private sectors in Denmark using a longitudinal data set covering the years 1976-1985 is presented.

TL;DR: The simple cross-sectional correlations between marital status and welfare benefits are almost always in the expected direction but are generally weak in significance, and the magnitude and significance of the correlations have nevertheless grown over time.

TL;DR: The authors developed a discrete choice model of female labour supply in Finland, using a data set constructed by merging the 1980 Labour Force Survey and Housing and Population Census, which contains observations on the perceived incidence of constraints in the labour market, and allows them to identify the effects of such constraints on observed labour supply.

TL;DR: In this article, a normative model of the regulation of a multiproduct firm with private information about its technology and cost-reducing activity is developed, and necessary and sufficient conditions for the pricing-incentive dichotomy to hold, i.e. conditions under which the cost reimbursement rule, but not pricing, is used to provide incentives.

TL;DR: In this article, tax evasion and auditing are analyzed in a model of linear income taxation, where taxpayers minimize expected tax payments including penalty for underreporting while the tax administration sets its audit policy to maximize expected net revenue under the restriction of only two audit rates per class of taxpayers.

TL;DR: In this paper, the authors unify several familiar fairness properties in the division of unproduced commodities and the cooperative production of a private or a public good, and discuss their compatibility with No Envy and Resource Monotonicity.

TL;DR: In this paper, a case where health (insurance) and education are supplied as social goods at (near) zero prices and funded from taxation is analyzed, where taxes or transferable vouchers influence the take-up of the social goods compared to alternatives available in a private market.

TL;DR: In this paper, the state funding of higher education, treated as an investment good generating an externality, under majority voting was examined and the model considered a single cohort over two periods.

TL;DR: The authors showed that when a noncooperative fiscal equilibrium of the Mintz-Tulkens 1986 model of tax competition is inefficient, Pareto improving changes are positive for the taxes of both regions, under concavity of the regions' welfare functions.

TL;DR: In this paper, the effects of permanent and temporary investment tax credit (ITC) in an open economy were compared, and it was shown that if the ITC is permanent, the accumulation of capital leads to a higher equilibrium capital stock, higher employment and output, and a reduction in the economy's stock of net credit.

TL;DR: In this paper, the authors make the cost of the discrete public good uncertain at the time the contribution game is played and show that the public good is underprovided in any Nash equilibrium and there is a unique undominated equilibrium.

TL;DR: Underinvoicing of intra-firm exports by a multinational firm (MNF) can increase the exporting country's revenue, overinvoising can increase importing country's tax revenue when its tariff rate is higher than its profit tax rate; and both countries' revenues may change in the same direction as mentioned in this paper.

TL;DR: In this article, it is shown that an incentive exists for some agents to transfer resources to others so as to achieve higher quantities of the public good, and the characteristics of such an equilibrium with transfers are examined, together with the implications of differing income distributions for the quantity of the common good.

TL;DR: In this article, a small-scale computational general equilibrium model is constructed, and differential and balanced-budget experiments are performed, and interactions among parameter values and efficiency costs are explored.

TL;DR: In this paper, the effects of credit interventions on credit allocation and economic efficiency were analyzed in the context of modern credit markets, and it was shown that unsubsidized credit interventions are neutral and the relative effectiveness of alternative lending instruments depends on whether rationing occurs.

TL;DR: In this article, the design of the personal income tax and social security benefits that vary with the size of the family is discussed. But the authors focus on the analytical problems of policy design that arise from constraints on the instruments which may be used, from differences in social judgements about the desirability of redistribution, and from differences of view about the disincentive effects of taxation.

TL;DR: In this article, the authors generalize the excess entry theorem to the effect that a marginal decrease in the number of oligopolistic firms from the free entry equilibrium level improves economic welfare.

TL;DR: In this paper, the authors present simple examples of a stationary, pure exchange overlapping generations economy with one good in each period and a representative consumer who lives for three periods, in each generation.

TL;DR: A model in which dynastic families optimally determine fertility is developed, in which government debt represents a tax on future generations and on childbearing; the Ricardian Equivalence Hypothesis does not hold.