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In: Working paper series 438
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In: In book: Post-Apartheid Southern Africa: Economic Challenges and Policies for the Future, Chapter: Mozambique: Macroeconomic Performance and Critical Development Issues (chapter 14), Publisher: Routledge: London and New York, Editors: L. Petersson, pp.288-310, 1998
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We propose a dynamic general equilibrium model with human capital accumulation to evaluate the economic consequences of compulsory services (such as military draft or social services). Our analysis identifies a so far ignored dynamic cost arising from distortions in time allocation over the life-cycle. We provide conservative estimates for the excess burden that arises when the government relies on forced labor rather than on income taxation to finance public expenditures. Our results suggest that eliminating the draft could produce considerable dynamic gains, both in terms of GDP and lifetime utility.
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In: Journal of economic dynamics & control, Band 26, Heft 4, S. 577-609
ISSN: 0165-1889
In: Handbook of Experimental Economic Methodology, S. 296-338
In: American economic review, Band 92, Heft 5, S. 1606-1617
ISSN: 1944-7981
In: International Economic Review, Band 59, Heft 2, S. 537-555
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In: Journal of risk and uncertainty, Band 50, Heft 1, S. 35-54
ISSN: 1573-0476
In: IZA Discussion Paper No. 9387
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In: European economic review: EER, Band 71, S. 15-33
ISSN: 1873-572X
In: Theory and decision: an international journal for multidisciplinary advances in decision science, Band 77, Heft 3, S. 341-357
ISSN: 1573-7187