Recently, analysts in the United States (US) have proposed adopting caregiver credits, or pension credits, provided to individuals for time spent out of the workforce while caring for dependent children and sick or elderly relatives. The primary objective of these credits, used in almost all public pension systems in the European Union, is to improve the adequacy of old-age benefits for women w...

Bipartisan interest is growing in Congress for using federal tax credits to help low-income families buy health insurance. Regardless of the approach taken, tax credit policies must address risk selection issues to ensure coverage for the chronically ill. Proposals that link tax credits to purchasing pools would avoid risk selection by grouping risks similar to the way large employers do. Volun...

BACKGROUND It has been suggested that year-round daylight saving would reduce road traffic injuries. METHODS and results Using 15 years of police data from north-east England, we estimate that 6.9 (95 per cent CI 1.5-12.6) fewer serious or fatal road traffic injuries to child pedestrians would have occurred in this area over this period had year-round daylight saving operated (equivalent to 0...

Designing a building with maximum utilization of daylight and use of energy efficient luminaires will reduce the cost of energy use. In the present study, by means of computer simulations using RELUX software, the interaction between natural and artificial light and the related illumination conditions expected in a commercial office building in Mumbai, India have been simulated and analysed. In...

The research reported here was funded, in part, by the California Institute for Energy Efficiency (CIEE), a research unit of the University of California. Publication of research results does not imply CIEE endorsement of or agreement with these findings, nor that of any CIEE sponsor. This work was also supported by the Assistant Secretary for Energy Efficiency and Renewable Energy, Office of B...

The expectation that non-cooperators will be punished can help to sustain cooperation, but there are competing claims about whether opportunities to engage in higher-order punishment (punishing punishment or failure to punish) help or undermine cooperation in social dilemmas. Varying treatments of a voluntary contributions experiment, we find that availability of higher-order punishment opportu...

This paper reviews some recent developments in digital currency, focusing on platform-sponsored currencies such as Facebook Credits. In a model of platform management, we find that it will not likely be profitable for such currencies to expand to become fully convertible competitors to state-sponsored currencies. JEL Classification: D42, E4, L51 Bank Classification: bank notes, economic models,...

INTRODUCTION ..................................................................................................................................................2 I. THEORY.............................................................................................................................................................4 A. Set-Asides Can Enhance Intragroup Competition Among Strong Bidder...