1,267 research outputs found

    Do tropical typhoons smash community ties? Theory and evidence from Vietnam

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    Natural disasters trigger large inequalities between affected households and the rest of the community. The extent to which villages compensate for these shocks allegedly depends on the pressure imposed by the group of needy families. I model two major threats to redistribution - (i) the emergence of acoalition of winners willing to shy away from redistributing to their peers and (ii) the initial fractionalization of the community. Matching data on a wave of tropical typhoons with a panel household survey in Vietnam, I find less redistribution in villages where needy families are in the minority. Whereas 17 cents on average are covered through informal transfers for a relative income loss of $1, access to liquidity falls below 10 cents when heavily affected households are isolated in the commune. In line with the existing literature, minorities participate less in the resources reallocation. Despite these barriers to full insurance, risk-sharing through informal transfers is still economically significant. This result is related with the findings that communities having suffered important trauma show greater signs of resilience and cohesiveness.natural disasters ; informal risk-sharing ; social insurance ; altruism

    Natural natural disasters and economic disruption

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    The cost of natural calamities is not limited to direct capital losses. Economies in the wake of severe shocks experience important slowdowns. I construct an exhaustive dataset of objective measures on cyclones and earthquakes worldwide between 1980 and 2006 and complement existing reports on direct damages. I then estimate the amplitude of indirect economic losses in the aftermath of catastrophes. Declared damages accounting for 1% of GDP are associated with a slowdown of .05 to .06 points of GDP growth. The economic slack piles up to .4 points of GDP when I instrument by actual exposure to alleviate censorship issues and declaration biases. This output loss is superior to what would suggest a model of labor frictions and capital losses and points to large business disruptions. Finally, the objective measures happen to be better at predicting the economic slack than estimations from officials.natural disasters ; economic disruption ; declaration biases

    Search Intensity, Directed Search And The Wage Distribution

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    We propose a search equilibrium model in which homogenous …rms post wages along with a vacancy to attract job-seekers, while homogenous unemployed workers invest in costly job-seeking. The key innovation relies on the organization of the search market and the search behavior of the job-seekers. The search market is continuously segmented by wage level, individuals can spread their search investment over the di¤erent sub-markets, and search intensity has marginal decreasing returns on each sub-market. We show that there exists a non-degenerate equilibrium wage distribution. The density of this wage distribution is increasing at low wages, and decreasing at high wages. Under additional restrictions, it is hump-shaped, and it can be right-tailed. Our results are illustrated by an example originating a Beta wage distribution.Search e¤ort; Segmented markets; Equilibrium wage dispersion

    Reduction of working time and unemployment

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    This paper analyzes the consequences of compulsory reductions in working time on employment. The first part of the paper is devoted to the analysis of labor demand when the firm chooses the number of jobs and hours. This framework allows us to show that compulsory reductions in standard hours can increase employment only if wage compensation is sufficiently low. Then, the second part of the paper looks at the determinants of wages, hours and employment in different frameworks: perfect competition, collective bargaining, monopsony. It is shown that regulation of hours is justified and can even increase employment when competition is imperfect. However, compulsory reductions in working hours cannot systematically improve employment and welfare.working time; work sharing

    Optimum income taxation and layoff taxes

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    This paper analyzes optimum income taxation in a model with endogenous job destruction that gives rise to unemployment. It is shown that optimal tax schemes comprise both payroll and layoff taxes when the state provides public unemployment insurance and aims at redistributing income. The optimal layoff tax is equal to the social cost of job destruction, which amounts to the sum of unemployment benefits (that the state pays to unemployed workers) and payroll taxes (that the state does not get when workers are unemployed).Layoff taxes, Optimal taxation, Job destruction.

    Public Employment and Labor Market Performances.

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    We explore the consequences of public employment for labour market performance. Theory suggests that public employment may not only crowd out private employment, but also increase overall unemployment if, by offering attractive working conditions, it draws additional individuals into the labour force. Empirical evidence from a sample of OECD countries in the 1960–2000 period suggests that, on average, creation of 100 public jobs may have eliminated about 150 private sector jobs, slightly decreased labour market participation, and increased by about 33 the number of unemployed workers. Theoretical considerations and empirical evidence, however, suggest that the crowding out effect of public jobs on private jobs is only significant in countries where public production is highly substitutable to private activities and the public sector offers more attractive wages and/or other benefits than the private labour market.

    The sign rule and beyond: Boundary effects, flexibility, and noise correlations in neural population codes

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    Over repeat presentations of the same stimulus, sensory neurons show variable responses. This "noise" is typically correlated between pairs of cells, and a question with rich history in neuroscience is how these noise correlations impact the population's ability to encode the stimulus. Here, we consider a very general setting for population coding, investigating how information varies as a function of noise correlations, with all other aspects of the problem - neural tuning curves, etc. - held fixed. This work yields unifying insights into the role of noise correlations. These are summarized in the form of theorems, and illustrated with numerical examples involving neurons with diverse tuning curves. Our main contributions are as follows. (1) We generalize previous results to prove a sign rule (SR) - if noise correlations between pairs of neurons have opposite signs vs. their signal correlations, then coding performance will improve compared to the independent case. This holds for three different metrics of coding performance, and for arbitrary tuning curves and levels of heterogeneity. This generality is true for our other results as well. (2) As also pointed out in the literature, the SR does not provide a necessary condition for good coding. We show that a diverse set of correlation structures can improve coding. Many of these violate the SR, as do experimentally observed correlations. There is structure to this diversity: we prove that the optimal correlation structures must lie on boundaries of the possible set of noise correlations. (3) We provide a novel set of necessary and sufficient conditions, under which the coding performance (in the presence of noise) will be as good as it would be if there were no noise present at all.Comment: 41 pages, 5 figure

    Le droit étatique des minorités religieuses

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    For religious minorities, freedoms are best guaranteed by the principle of non-interference, a kind of « right to indifference ». There is no question of denying the existence of oppressed groups, but rather of being opposed to some « class » right for religious groups. The author highlights from the time of Roman history onwards the emancipation and repression of individuals and groups in areas of freedom of conscience and religious practice. He is quite critical towards our era as he underscores the deficiencies in the Canadian and Québec charters in coming to grips with legislative discrimination. According to his conclusions, the non-separation of Church and State and the introduction of statutes on minorities perpetuates discriminated-against minorities
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