infonet-economy

In current welfare state analysis there is little theory to explain the action of exclusive groups. This article explores the possibilities of a theory that focuses on the interaction between individual choices and strategies, the formal systems, policies and rules of governments and the informal norms and practices of groups. The argument is that club theory, a branch of public...

This paper explores the relation between non-exponential waiting times between events and the distribution of the number of events in a fixed time interval. It is shown that within this framework the frequently observed phenomenon of overdispersion, i.e. a variance that exceeds the mean, is caused by a decreasing hazard function of the waiting times, while an increasing hazard...

Key demographic variables, such as the number of children and the number of marriages or divorces, can only take integer values. This papers deals with the estimation of single equation models in which the counts are regressed on a set of observed individual characteristics such as age, gender, or nationality. Most empirical work in population economics has neglected the fact that...

The study introduces a distinction between two types of labor mobility: direct job to job changes (which are assumed to be voluntary) and job changes after experiencing an unemployment spell (assumed to be involuntary). Exploiting the close relationship between those two phenomena we adopt a bivariate regression framework for our empirical analysis of data on male individuals in the...

Abstimmungen als Mittel zur Entscheidungsfindung sind heute sehr verbreitet. Dass Abstimmungsergebnisse (aus logisch zwingenden Gründen) nicht in jedem Fall rational sein müssen, ist hingegen wenig bekannt. Die vorliegende Arbeit zeigt an Hand theoretischer Berechnungen und praktischer Fallbeispiele aus der schweizerischen Politik, dass irrationale, sogenannt paradoxe Entscheide...

A new parametric model for the econometric analysis of non-negative integers is proposed. Its distinguishing feature is that it allows for more flexible variance-mean relationships than the models used hitherto. Estimation with maximum likelihood is illustrated using a dataset on ship damage incidents.

The theoretical analysis of tax evasion has typically concentrated on the role of Abstract penalties and on the probability of being investigated and penalized. This article introduces into the standard model of tax evasion the possibility of pecuniary rewards as an economic incentive for taxpaying. The analysis shows that introducing a reward for payment of taxes leads to a welfare...