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Unemployment and Right-Wing Extremist Crime

Falk, Armin; Zweimüller, Josef - Institut für Volkswirtschaftslehre, …

Right-wing extremism is a serious problem in many societies. A prominent hypothesis states that unemployment plays a … fact a significant positive relation between unemployment and right-wing criminal activities. We show further that the big … difference in right-wing crime between East and West German states can mostly be attributed to differences in unemployment. This …

Persistent link: https://www.econbiz.de/10005627832

To shape the future: How labor market entry conditions affect individuals' long-run wage profiles

Brunner, Beatrice; Kuhn, Andreas - Institut für Volkswirtschaftslehre, … - 2009

We study the long-run effects of initial labor market conditions on wages for a large sample of male individuals entering the Austrian labor market between 1978 and 2000. We find a robust negative effect of unfavorable entry conditions on starting wages. This initial effect turns out to be quite...

Persistent link: https://www.econbiz.de/10008509391

Happiness, Economy and Institutions

Frey, Bruno S.; Stutzer, Alois - Institut für Volkswirtschaftslehre, …

previously published for other countries are generally supported. Unemployment has a strongly depressing effect on happiness. A …

Persistent link: https://www.econbiz.de/10005627842

The impact of labor market entry conditions on initial job assignment, human capital accumulation, and wages

Brunner, Beatrice; Kuhn, Andreas - Institut für Volkswirtschaftslehre, … - 2010

local unemployment rate is associated with an approximate shortfall in lifetime earnings of 6.5%. We also show that bad …

Persistent link: https://www.econbiz.de/10008752452

A multiplicity of approaches to institutional analysis. Applications to the government and the arts

Frey, Bruno S. - Institut für Volkswirtschaftslehre, … - 2009

Four types of “economics” relevant for institutional analysis are distinguished: Standard Neoclassical Economics; Socio-Economics or Social Economics; New Institutional Economics; and Psychological Economics (often misleadingly called Behavioural Economics). The paper argues that an...

Persistent link: https://www.econbiz.de/10004979382

Awards at work

Neckermann, Susanne; Cueni, Reto; Frey, Bruno S. - Institut für Volkswirtschaftslehre, … - 2010

Awards—widespread in the corporate sector and elsewhere—are motivators that derive their value from non-pecuniary concerns such as status and self-image. Quasi-experimental panel data from the call center of a large international bank allow us to estimate the causal impact on effort when...

Persistent link: https://www.econbiz.de/10004999548

Financial Integration, Productivity and Capital Accumulation

Bonfiglioli, Alessandra - Institut für Volkswirtschaftslehre, … - 2007

Understanding the mechanism through which financial globalization affects economic performance is crucial for evaluating the costs and benefits of opening financial markets. This paper is a first attempt at disentangling the effects of financial integration on the two main determinants of...

Persistent link: https://www.econbiz.de/10005463529

Ensuring financial stability: financial structure and the impact of monetary policy on asset prices

Assenmacher-Wesche, Katrin; Gerlach, Stefan - Institut für Volkswirtschaftslehre, … - 2008

This paper studies the responses of residential property and equity prices, inflation and economic activity to monetary policy shocks in 17 countries, using data spanning 1986-2006. We estimate VARs for individual economies and panel VARs in which we distinguish between groups of countries on...

Persistent link: https://www.econbiz.de/10005585615

Financial Globalization, International Business Cycles, and Consumption Risk Sharing

Artis, Michael J.; Hoffmann, Mathias - Institut für Volkswirtschaftslehre, … - 2007

In spite of two decades of financial globalization, consumption-based indicators do not seem to signal more international risk sharing. We argue that consumption risk sharing among industrialised countries has actually increased - in particular since the 1990s - but that standard...

Persistent link: https://www.econbiz.de/10005627838

The Importance of Firms in Wage Determination

Gruetter, Max; Lalive, Rafael - Institut für Volkswirtschaftslehre, …

wage differences across individuals and industries, and (ii) how the nature of interfirm mobility – job-to-job vs. job-unemployment …

Persistent link: https://www.econbiz.de/10005627910