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Registros recuperados: 9
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Raising the Financial Costs of Children and Fertility Responses: Evidence from the Kibbutz AgEcon
Ebenstein, Avraham; Hazan, Moshe; Simhon, Avi.
Prior to 1996, Israelis in collective communities (kibbutzim) shared the costs of raising children equally. This paper examines the impact of the privatization of kibbutzim on fertility behavior among members. We find that fertility declined by 6-15 percent following the shift to privatization. In light of the massive change in financial costs associated with childbearing due to privatization, our results suggest that financial considerations may be a more modest factor in fertility decisions than generally regarded.
Tipo: Article Palavras-chave: Kibbutz; Costs of Children; Fertility; Privatization; Financial Economics; Institutional and Behavioral Economics.
Ano: 2011 URL: http://purl.umn.edu/122844
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REGULATING IRRIGATION VIA BLOCK-RATE PRICING: AN ECONOMETRIC ANALYSIS AgEcon
Bar-Shira, Ziv; Finkelshtain, Israel; Simhon, Avi.
In this paper, we adapt Burtless and Hausman’'s (1978) methodology in order to estimate farmer's’ demand for irrigation water under increasing block-rate tariffs and empirically assess its effect on aggregate demand and inter-farm allocation efficiency. This methodology overcomes the technical challenges raised by increasing block rate pricing and accounts for both observed and unobserved technological heterogeneity among farmers. Employing a micro panel data documenting irrigation levels and prices in 185 Israeli agricultural communities in the period 1992-1997 we estimate water demand elasticity at -–0.3 in the short run (the effect of a price change on demand within a year of implementation) and –-0.46 in the long run. We also find that, in...
Tipo: Working or Discussion Paper Palavras-chave: Block-Rate Pricing; Irrigation; C13; Q15; Q28; Resource /Energy Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/14982
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Competitive Equilibrium of an Industry with Labor Managed Firms and Price Risk AgEcon
Bar-Shira, Ziv; Finkelshtain, Israel; Simhon, Avi.
This paper studies the effect of output-price uncertainty in an industry comprised of labor-managed firms (LMFs) in which the number of LMFs and their membership are determined endogenously. The exit condition for a risk-averse LMF member is formulated and the effect of various economic variables on the equilibrium quantities and prices are examined. We find that the equilibrium in our setting is similar to the one that emerges in a ‘capitalistic’ economy where firms are owned by profit-maximizing agents. However, the effects of increases in risk and risk aversion differ from those found in a short-run analysis of a single LMF.
Tipo: Conference Paper or Presentation Palavras-chave: Labor Managed Firms; Cooperatives; Price Risk; Risk Aversion; Long-Run.; Agribusiness.
Ano: 2006 URL: http://purl.umn.edu/44675
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CAN INCOME EQUALITY INCREASE COMPETITIVENESS? AgEcon
Fishman, Arthur; Simhon, Avi.
This paper explores the relationship between income distribution, prices, production efficiency and aggregate output in a decentralized search economy. We show that income distribution determines how competitive the market is, and thereby affects production efficiency and aggregate output. It is shown that it is generally possible to engineer a judicious transfer of income from high to low income individuals which simultaneously increases income equality, competitiveness, and aggregate output.
Tipo: Working or Discussion Paper Palavras-chave: Search; Price Dispersion; Income Inequality; Consumer/Household Economics; D83.
Ano: 2003 URL: http://purl.umn.edu/14983
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Distributional Welfare Impacts of Public Spending: The Case of Urban versus National Parks AgEcon
Feinerman, Eli; Fleischer, Aliza; Simhon, Avi.
This study examines the optimal allocation of funds between national and urban parks. Since travel costs to national parks are significantly higher than to urban parks, poor households tend to visit the latter more frequently, whereas rich households favor the former. Therefore, allocating public funds to improving the quality of national parks at the expense of urban parks disproportionately benefits high income households. By developing a theoretical model and implementing it using Israeli data, findings indicate all households, except for the richest decile, prefer that the park authority divert a larger proportion of its budget from national to urban parks.
Tipo: Journal Article Palavras-chave: Budget allocation; Income distribution; National parks; Urban parks; Public Economics.
Ano: 2004 URL: http://purl.umn.edu/31105
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The Economics of Collective Brands AgEcon
Fishman, Arthur; Finkelshtain, Israel; Simhon, Avi; Yacouel, Nira.
We consider the consequences of a shared brand name such as geographical names used to identify high quality products, for the incentives of otherwise autonomous firms to invest in quality. We contend that such collective brand labels improve communication between sellers and consumers, when the scale of production is too small for individual firms to establish reputations on a stand alone basis. This has two opposing effects on member firms’ incentives to invest in quality. On the one hand, it increases investment incentives by increasing the visibility and transparency of individual member firms, which increases the return from investment in quality. On the other hand, it creates an incentive to free ride on the group’s reputation, which can lead to less...
Tipo: Working or Discussion Paper Palavras-chave: Consumer/Household Economics.
Ano: 2008 URL: http://purl.umn.edu/46056
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THE MYSTERY OF MONOGAMY AgEcon
Gould, Eric D.; Moav, Omer; Simhon, Avi.
This paper examines why developed countries are monogamous while rich men throughout history have tended to practice polygyny (multiple wives). Wealth inequality naturally produces multiple wives for rich men in a standard model of the marriage market. This paper argues that the sources of inequality, not just the level of inequality, determine the equilibrium degree of monogamy or polygamy. In particular, when inequality is determined more by disparities in human capital versus non-labor income (such as land, capital, corruption), the outcome is more monogamous. This explains why developed countries, where human capital is the main source of income and inequality, are monogamous while less-developed economies tend to be polygynous. The results are...
Tipo: Working or Discussion Paper Palavras-chave: Marriage; Monogamy; Polygyny; Human Capital; Inequality; J12; J24; O10; O40; Labor and Human Capital.
Ano: 2003 URL: http://purl.umn.edu/14992
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CORRUPTION AND OPENNESS AgEcon
Neeman, Zvika; Paserman, Daniele; Simhon, Avi.
We consider a neoclassical growth model with endogenous corruption. Corruption and wealth, which are co-determined in equilibrium, are shown to be negatively correlated. Richer countries tend to be less corrupt, and corrupt economies tend to be poorer. This observation gives rise to the following puzzle: If poorer countries do indeed experience higher levels of corruption, and if indeed as suggested by a number of empirical studies corruption hampers growth, then how did rich countries, who were poor once, become rich? Our answer is simple. In the past, economies were mostly "closed" in the sense that it was difficult to transfer illicit money outside of the economy. In contrast, today's economies are mostly open. In the relatively closed economies...
Tipo: Working or Discussion Paper Palavras-chave: Corruption; Growth; Openness; International Development; F2; H0; O1; O4.
Ano: 2003 URL: http://purl.umn.edu/14977
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LONGEVITY ACROSS GENERATIONS AgEcon
Lach, Saul; Ritov, Yaacov; Simhon, Avi.
Tipo: Working or Discussion Paper Palavras-chave: Labor and Human Capital.
Ano: 2006 URL: http://purl.umn.edu/7145
Registros recuperados: 9
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