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Estimating the employment effect of the minimum wage through variation in compliance: Evidence from five US states 通过遵守情况的变化估算最低工资对就业的影响:来自美国五个州的证据
Journal of Government and Economics Pub Date : 2023-12-01 DOI: 10.1016/j.jge.2023.100096
Michael Gmeiner , Robert Gmeiner
{"title":"Estimating the employment effect of the minimum wage through variation in compliance: Evidence from five US states","authors":"Michael Gmeiner ,&nbsp;Robert Gmeiner","doi":"10.1016/j.jge.2023.100096","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100096","url":null,"abstract":"<div><p>The implications of a binding minimum wage law on employment have been the subject of a lively and ongoing debate. Estimation of employment effects may be hindered by the non-random manner in which minimum wage laws are created. To overcome this, we explore the employment implications of the minimum wage in the US restaurant industry through an approach that exploits variation in compliance, as opposed to legislation. In the five US states without state minimum wages, violations of the US federal minimum wage are shown to be associated with decreased employment in the restaurant industry in the time period around the federal minimum wage increases of 2007 through 2009. The most robust specification shows an elasticity of employment with respect to unpaid wages of -0.233. Robustness checks use earlier time periods to show results do not reflect seasonal trends, vary the group of industries used as controls, and only use 2007 to show estimates are not confounded by a unique effect of the Great Recession on the restaurant industry.</p></div>","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"12 ","pages":"Article 100096"},"PeriodicalIF":0.0,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2667319323000393/pdfft?md5=edd9a7f05bcc68345bd16331a868ab5d&pid=1-s2.0-S2667319323000393-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139100743","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A political argument for inefficiency under severe political pressure 严重政治压力下低效率的政治论证
Journal of Government and Economics Pub Date : 2023-11-04 DOI: 10.1016/j.jge.2023.100093
Doron Nisani
{"title":"A political argument for inefficiency under severe political pressure","authors":"Doron Nisani","doi":"10.1016/j.jge.2023.100093","DOIUrl":"10.1016/j.jge.2023.100093","url":null,"abstract":"<div><p>Who watches the watchmen? In order to examine the role of the governance separation of powers principle in economics, we developed a theoretical model of a structurally failed market with and without political pressure. We conclude that if the executive branch is dedicated to its public duty, then the enforcement of a differential price policy yields an efficient resource allocation. However, if the executive branch attempts to balance its public duty against its personal interests, then the legislative and judicial branches should compel the executive branch to enforce a uniform price policy (seemingly an inefficient allocation, but one that ultimately reduces the public welfare loss) in order to safeguard the public's interests.</p></div>","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"12 ","pages":"Article 100093"},"PeriodicalIF":0.0,"publicationDate":"2023-11-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2667319323000368/pdfft?md5=d5d25c74d0a3be635ba38f791116b99e&pid=1-s2.0-S2667319323000368-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135455179","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Central bank digital currency and fiscal policy in a Diamond-Dybvig Model Diamond-Dybvig模型下的央行数字货币与财政政策
Journal of Government and Economics Pub Date : 2023-09-22 DOI: 10.1016/j.jge.2023.100089
Jafar El Armali
{"title":"Central bank digital currency and fiscal policy in a Diamond-Dybvig Model","authors":"Jafar El Armali","doi":"10.1016/j.jge.2023.100089","DOIUrl":"10.1016/j.jge.2023.100089","url":null,"abstract":"<div><p>After introducing digital currency, the central bank emerges as a monopolist bank. It then faces an “impossible trinity”. To achieve price stability and financial stability, optimal consumption allocation is sacrificed. In this paper, I show that fiscal policy designed in coordination with the central bank achieves optimal allocation while maintaining price stability and financial stability.</p></div>","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"12 ","pages":"Article 100089"},"PeriodicalIF":0.0,"publicationDate":"2023-09-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2667319323000320/pdfft?md5=01c8189c7da574a8fb88ef3f3c157929&pid=1-s2.0-S2667319323000320-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135433647","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
An Analysis of the Syrian Economy in the Era of Military Conflict, 2011–2020: The Perspective of Government and Economics 2011-2020年军事冲突时代叙利亚经济分析:政府与经济学视角
Journal of Government and Economics Pub Date : 2023-09-01 DOI: 10.1016/j.jge.2023.100082
Forat Suliman , Homam Khwanda , R.V. Ramana Murthy
{"title":"An Analysis of the Syrian Economy in the Era of Military Conflict, 2011–2020: The Perspective of Government and Economics","authors":"Forat Suliman ,&nbsp;Homam Khwanda ,&nbsp;R.V. Ramana Murthy","doi":"10.1016/j.jge.2023.100082","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100082","url":null,"abstract":"<div><p>Moving into the twelfth year of conflict in Syria, the current profile indicates the violence and displacement that unfolded in 2011 have no parallels in recent history. Among the many consequences, physical capital destruction has been the most dramatic- the economic toll of war has been estimated to be about US$1.2 trillion, according to official data. This paper takes stock of the conflict's impact on domestic capital in Syria. It also contributes to the empirical literature on the effect of government capital spending on private capital during 1970–2011, using Vector Error Model (VECM) model. The key findings are: (1) the economy facing extreme limitations in raising the investment rate- as the total investment share of GDP (in real term) has dropped from 20% in 2010 to less than 7% in 2020; (2) the public investment appears to have a significant role- as it influences the economic growth in Syria directly and indirectly through private investment (in which crowding- in effect found to be significant). Further, we argue that political and institutional factors will determine the shape and scope of attracting foreign capital and enhancing local business during the reconstruction phase.</p></div>","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"11 ","pages":"Article 100082"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50193243","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Government expenditure and behavior during war and pandemic, public housing, and factors improving state capacity and credibility 战争和疫情期间的政府支出和行为、公共住房以及提高国家能力和可信度的因素
Journal of Government and Economics Pub Date : 2023-09-01 DOI: 10.1016/j.jge.2023.100088
Zhangkai Huang, David Daokui Li
{"title":"Government expenditure and behavior during war and pandemic, public housing, and factors improving state capacity and credibility","authors":"Zhangkai Huang,&nbsp;David Daokui Li","doi":"10.1016/j.jge.2023.100088","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100088","url":null,"abstract":"","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"11 ","pages":"Article 100088"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50193777","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
An assessment of the public confidence in governance institutions in India: Empirical evidence using IHDS survey 印度公众对治理机构信心的评估:基于IHDS调查的经验证据
Journal of Government and Economics Pub Date : 2023-09-01 DOI: 10.1016/j.jge.2023.100080
Hrushikesh Mallick , Balakrushna Padhi , Udaya Shankar Mishra
{"title":"An assessment of the public confidence in governance institutions in India: Empirical evidence using IHDS survey","authors":"Hrushikesh Mallick ,&nbsp;Balakrushna Padhi ,&nbsp;Udaya Shankar Mishra","doi":"10.1016/j.jge.2023.100080","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100080","url":null,"abstract":"<div><p>Using two rounds of the Indian Human Development Survey (2004–05 &amp; 2011–12), this study evaluates levels of household confidence in the governance institutions across Indian states. The observed broad pattern conveys that although there is a marginal improvement (from 0.582 in 2004–05 to 0.602 in 2011–12) in the confidence in the governance institutions, there still exists a great deal of deficit in it. analysing the socioeconomic determinants of the degree of confidence, we find that over time regional identities along with class, caste, and other attributes shape the levels of confidence in governance institutions. Such an observation leads to an inference that improvement in confidence in governance institutions is responsive to the development divide across regions.</p></div>","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"11 ","pages":"Article 100080"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50193791","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
The Nexus between Financial and Investment developments and State Capacity. The case of G-20 金融和投资发展与国家能力之间的联系。G-20的情况
Journal of Government and Economics Pub Date : 2023-09-01 DOI: 10.1016/j.jge.2023.100081
Sotirios K. Bellos, Petros Golitsis
{"title":"The Nexus between Financial and Investment developments and State Capacity. The case of G-20","authors":"Sotirios K. Bellos,&nbsp;Petros Golitsis","doi":"10.1016/j.jge.2023.100081","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100081","url":null,"abstract":"<div><p>On this paper we examine the relationships between state capacity, approximated by the Composite Index of National Capabilities, and certain macroeconomic and financial variables. Particularly, we study the nexus of their interactions by focusing on the G-20 economies from 1980 to 2020 by applying a robust GMM panel VAR model. Our results capture a negative and lasting impact of ‘domestic credit to private sector’, a negative short-term impact of market capitalization, along with a positive impact of inward and outward FDIs, and of gross capital formation, on state capacity. State capacity, in its turn, enhances in the short-term market capitalization, consumes credit to private sector, and substantially boosts gross capital formation in the medium-term. Trade openness enhances state capacity and is enhanced by state capacity as well. The presence of financial crises, such as the Asian Financial Crisis or the Global Financial Crisis, affects negatively state capacity. Conversely, the absence of financial crises has a positive impact on state capacity, leading to its amelioration. Furthermore, the specific case of the Second Oil Crisis is found to strengthen state capacity. These findings shed light to the mechanisms that impact national power and provide a framework for policy design and conduct.</p></div>","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"11 ","pages":"Article 100081"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50193778","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
The effect of COVID-19 on local government policy implementation: Declines in police reports of domestic violence during lockdowns 新冠肺炎对地方政府政策执行的影响:警方关于封锁期间家庭暴力的报告下降
Journal of Government and Economics Pub Date : 2023-09-01 DOI: 10.1016/j.jge.2023.100087
Jeremy A. Cook , Timothy W. Taylor
{"title":"The effect of COVID-19 on local government policy implementation: Declines in police reports of domestic violence during lockdowns","authors":"Jeremy A. Cook ,&nbsp;Timothy W. Taylor","doi":"10.1016/j.jge.2023.100087","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100087","url":null,"abstract":"<div><p>We document a reduction in police reporting of domestic violence during shelter-in-place (SIP) orders issued by city governments in March and April of 2020. Using data from 18 large U.S. city police departments, we exploit the unique timing of city-specific SIP orders to identify a decrease as high as 11 percent in police reports of domestic violence. Lockdowns, explicitly designed to reduce contact among civilian populations, may also lead to reduced contact between emergency responders and civilians. Our findings suggest police change their own behaviors in response to government-issued SIP orders leading to a decrease in agency reports of domestic violence. While previous scholarship on domestic violence has found an increase in emergency calls for service from households during SIP, we consistently find a decrease in police reporting of domestic violence. By centering our analysis on the responses of law enforcement agencies, we highlight the divergence in the consequences of SIP orders on household behaviors versus institutional behaviors. We present robust findings using event studies in addition to both staggered treatment and conventional difference-in-differences estimators. The implications of our study extend to city officials who are tasked with assessing the unique repercussions of SIP orders on both households and the responsiveness of local government agencies. This research underscores the multifaceted nature of the effects induced by external shocks such as COVID-19, shedding light on the intricate interplay between societal dynamics and institutional responses.</p></div>","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"11 ","pages":"Article 100087"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50193792","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
A study on the welfare equalization effect of China's housing reform 中国住房改革的福利均等化效应研究
Journal of Government and Economics Pub Date : 2023-09-01 DOI: 10.1016/j.jge.2023.100086
Mengyu Ding , Shaojie Zhou
{"title":"A study on the welfare equalization effect of China's housing reform","authors":"Mengyu Ding ,&nbsp;Shaojie Zhou","doi":"10.1016/j.jge.2023.100086","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100086","url":null,"abstract":"<div><p>The welfare equalization effect of China's housing reform is examined in this study using data from the China Urban Household Survey (CUHS) between 2002 and 2009. Low-income households who had access to housing reform homes (HRH) profited from the reform more than other low-income households, even though public housing was privatized at a reduced price due to quality restrictions and reselling constraints. We set up a model to demonstrate the mechanism, estimate household housing consumption, and analyze the impact of policy on that consumption. We find that the housing reform significantly increased the rate of homeownership in urban China, that the distribution of public housing and the privatization premium was comparatively equal, and that purchasing HRH significantly increased housing consumption. However, this effect also significantly decreased as household income increased. We refer to this welfare effect as bounded equalization. Additional housing policies should be developed to comprehensively offer low-income families affordable housing that meets their needs.</p></div>","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"11 ","pages":"Article 100086"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50193794","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Explaining China’s housing vacancies: A theory based on the incentives of local government officials 解释中国住房空置:基于地方政府官员激励的理论
Journal of Government and Economics Pub Date : 2023-06-01 DOI: 10.1016/j.jge.2023.100077
Tianwang Liu
{"title":"Explaining China’s housing vacancies: A theory based on the incentives of local government officials","authors":"Tianwang Liu","doi":"10.1016/j.jge.2023.100077","DOIUrl":"https://doi.org/10.1016/j.jge.2023.100077","url":null,"abstract":"<div><p>Why does China have a vast number of unsold and unoccupied homes? This paper proposes a theory based on the incentives of local government officials to explain this puzzle. Specifically, I develop a dynamic, infinite-horizon model that incorporates cities’ economic growth, an evaluation scheme of city managers’ economic performance, as well as city managers’ decision-making of land supply to illustrate the mechanisms. I provide empirical evidence to support the theory and estimate the structural model using manager-city-year level data from 2003 and 2012. Using the parameter estimates from the model, I conduct counterfactual analyses to quantitatively evaluate the impacts of political incentives on the equilibrium land supply. Overall, city managers sell 7.4% more land between 2003 and 2012 relative to the counterfactual in which they have no economic growth incentives. This land oversupply is 12.5% in smaller cities and 3.7% in larger cities. Finally, converting land to housing construction, the estimated impacts explain 23.2% to 27.7% of unsold homes.</p></div>","PeriodicalId":100785,"journal":{"name":"Journal of Government and Economics","volume":"10 ","pages":"Article 100077"},"PeriodicalIF":0.0,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50195183","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
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