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Gerontocracy Revisited: Unilateral Transfer to the Young May Benefit the Middle-aged
(Valtion taloudellinen tutkimuskeskus VATT, 2002-05-22)
According to conventional wisdom, intergenerational transfers can survive, in the absence of altruism, only if the old are net recipients. I prove that this need not hold in an overlapping generations model with a fixed ...
Public Policy Evaluation: Introduction to Quantitative Methodologies
(Valtion taloudellinen tutkimuskeskus VATT, 2002-07-31)
This paper is a survey which describes and explains in non-technical terms the logic behind various methodologies used in conducting retrospective quantitative evaluations of public policy programs. The programs usually ...