The Budget Deficit

Collender, Stanley E.

doi:10.1007/978-1-349-22029-8_13

Developments in American Politics 1992

DOI: 10.1007/978-1-349-22029-8_13

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The Budget Deficit

Stanley E. Collender¹

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Cited by 7 publications

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Intergenerational talent transmission, inequality, and social mobility

Napel

Schneider

2008

Economics Letters

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. October 2006 Abstract The paper investigates the effects of intra-family talent transmission when human capital exhibits indivisibilities and parental financing of education involves borrowing constraints. Positive talent correlation reduces social mobility but steady state inequality and macroeconomic history-dependence are not affected. Terms of use: Documents in EconStor mayJEL classification: D31; D91; E25; I21; J24; J62; O15

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Intergenerational talent transmission, inequality, and social mobility

Napel

Schneider

2008

Economics Letters

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Mobile Number Portability

Buehler

Haucap

2004

Journal of Industry, Competition and Trade

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This paper examines the consequences of introducing mobile number portability (MNP). As MNP allows consumers to keep their telephone number when switching providers, it reduces consumers' switching costs. However, MNP may also cause consumer ignorance if telephone numbers no longer identify networks. As a result, while fostering competition for mobile customers, MNP may also induce operators to increase termination charges for calls to mobile networks, generating ambiguous welfare effects. We examine how extensions such as MNP based on call-forwarding, termination fee regulation, and alternative means of carrier identification affect these findings.

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Consumption behavior and the aspiration for conformity and consistency.

Göbel¹,

Schneider²,

Thomas³

2010

Journal of Neuroscience, Psychology, and Economics

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The (socio-)psychological concepts of individual aspiration for conformity and consistency are integrated into the rational choice framework. By using this integrative approach, it is shown that, after a shock, the aspiration for conformity results in a steady state that deviates from the homo oeconomicus's behavior toward the consumption of the peer group, whereas the aspiration for consistency leads to the result that the steady-state consumption is not reached at once. With the combination of these effects, a new consumption path is derived. After a shock, the individual consumption converges step by step to the new steady-state consumption.

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The Budget Deficit

Cited by 7 publications

References 0 publications

Intergenerational talent transmission, inequality, and social mobility

Intergenerational talent transmission, inequality, and social mobility

Mobile Number Portability

Consumption behavior and the aspiration for conformity and consistency.

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