V krizi smisla tiči misel






         

4.04.2015

Dva ekonometrična članka

Dva zanimiva ekonometrična paperja sta dostopna na ekonometričnem think-tanku Cemmap. Prvega izpostavljam, ker sem na svoji konferenčni odisejadi zadnjega leta naletel tudi na Pierre-Andrea Chiapporija in se z njim znašel skupaj kot komentator na neki konferenci, kjer je imel sicer on vodilno, vabljeno predavanje. Zanimivo, da je na tej isti konferenci Maristella Botticini predstavljala drugo vabljeno predavanje ravno na temo zgodovinskih podatkov (celo vse tja do antičnih časov) glede trga porok.

Pierre-Andre Chiappori, Monica Costa Dias in Costas Meghir

The Marriage Market, Labor Supply and Education Choice

We develop an equilibrium lifecycle model of education, marriage and labor supply and consumption in a transferable utility context. Individuals start by choosing their investments in education anticipating returns in the marriage market and the labor market. They then match based on the economic value of marriage and on preferences. Equilibrium in the marriage market determines intra-household allocation of resources. Following marriage households (married or single) save, supply labor and consume private and public under uncertainty. Marriage thus has the dual role of providing public goods and offering risk sharing. The model is estimated using the British HPS.

Polno besedilo najdete tukaj.

Drugo besedilo pa se ukvarja s temo, ki sem jo sam raziskoval med bivanjem v ZDA: prostovoljnim zagotavljanjem javnih dobrin. Matematično obarvan članek z modelom vrednosti neuporabe, ki je nastal takrat, sedaj končno spet obujam in prijavljam za objavo.

Yonghong An, Yingyao Hu in Pengfei Liu

Estimating Private Provision of Public Goods with Heterogenous Participants: A Structural Analysis

This paper estimates a structural model of private provision of public goods to provide some new empirical evidence on individuals’ strategic contributing behaviors. In the model, individuals’ contributing behaviors are allowed to be heterogenous and time-varying. We show that all the main components of the model including the number of different contributing strategies, functional form for each strategy, and how individuals adjust their strategies are identi ed from the revealed contribution choices of individuals. Further, the structural model is estimated using the data collected in a threshold public good experiment. The empirical results suggest that subjects in our experiment employ three contributing strategies, and they strategically respond to provision history by adjusting their preceding behavior. In addition, the response is heterogenous and dependent on subjects’ contributing strategies.

Polno besedilo najdete tukaj.

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