Showing 1 - 10 of 34
We use Swedish adoption data combined with police register data to study parent-son associations in crime. For adopted …
Persistent link: https://www.econbiz.de/10008921776
We provide an up-to-date overview of the literature on the desirability of central bank transparency from an economic viewpoint. Since the move towards more transparency, a lot of research on its effects has been carried out. First, we show how the theoretical literature has evolved, by looking...
Persistent link: https://www.econbiz.de/10005666931
We survey theoretical developments in the literature on the limits of arbitrage. This literature investigates how costs … from behavioral or from institutional considerations. We next survey, and nest within a simple model, the following costs …
Persistent link: https://www.econbiz.de/10008530340
household survey on the European Central Bank’s transparency. To benefit from higher transparency perceptions the European …
Persistent link: https://www.econbiz.de/10005136532
This article studies the dynamic behaviour of security prices in the presence of investors’ heterogeneous beliefs. We provide a tractable continuous-time pure-exchange model and highlight the mechanism through which investors’ differences of opinion enter into security prices. In the...
Persistent link: https://www.econbiz.de/10005661585
survey data is limited by measurement error and by the questionability of their behavioural relevance. Here we present a … interaction among the participants, with a survey of non-interacting respondents in a smooth and inexpensive way. We illustrate … the power of our approach with the analysis of trust and trustworthiness in Germany by combining representative survey …
Persistent link: https://www.econbiz.de/10005661984
This Paper studies a model where Information Technology, while typically increasing overall inequality, is likely to harm some people at intermediate and high levels of the distribution of income but to benefit people at the bottom; where within a given occupation it may harm some workers while...
Persistent link: https://www.econbiz.de/10005791349
Can the increasing significance of knowledge-products in national income---the growing weightless economy---influence economic development? Those technologies reduce ``distance'' between consumers and knowledge production. This paper analyzes a model embodying such a reduction. The model shows...
Persistent link: https://www.econbiz.de/10005791375
while IT adoption had substantial effects on a wide range of police organizational practices, it had, by itself, a …
Persistent link: https://www.econbiz.de/10005792143
This Paper uses a German employer-employee matched panel dataset to investigate the effect of organizational and technological changes on gross job and worker flows. The empirical results indicate that organizational change is skill-biased because it reduces predominantly net employment growth...
Persistent link: https://www.econbiz.de/10005792471