Parents inuence their children's adult outcomes through economic and genetic endowments, transmission of cultural values and social skills, and through choice of residential location. Using a variance decomposition framework ...

It has often been claimed that firms’ compliance to environmental regulations is higher than predicted by standard theory, a result labeled the “Harrington paradox” in the literature. Enforcement data from Norway presented ...

Drug abuse inflicts considerable harm on users, non-using persons and on society, and a variety of means to curtail consumption of illegal drugs have been adopted. The consumption of drugs differ from consumption of most ...

In an important paper, Fuhrer and Moore (1995) showed that Taylor (1980)’s staggered wage setting model does not exhibit persistence in inflation; they proposed a simple modification, in which workers cared about the real ...

Efficiency analyses in the health care sector are often criticised for not incorporating quality variables. The definition of quality of primary health care has many aspects, and it is inevitably also a question of the ...

Policies to reduce emissions of greenhouse gases such as CO2 will affect the rate and pattern of technological change in alternative energy resources and other production processes. Imperfections in markets for non-polluting ...

In the negotiations towards an agreement to reduce greenhouse gas emissions, one of the issues negotiated will be the allocation of emissions (or tradable emission permits) between countries. In most analyses and policy ...

This paper examines how poverty alleviation can be incorporated as a policy objective in developing country macroeconomic models, analogous to the unemployment objective in industrial country applications. Three elements ...