Showing 1 - 10 of 36
Criminal law enforcement depends on the actions of public agents such as police officers, but the resulting agency problems have been neglected in the law and economics literature (especially outside the specific context of corruption). We develop an agency model of police behavior that...
Persistent link: https://www.econbiz.de/10011265252
The deterrent effect of law enforcement rests on the link between the actual and the perceived detection risk. We study the role of word of mouth for this linkage. Our approach makes use of micro data on compliance with TV license fees allowing us to distinguish between households who have been...
Persistent link: https://www.econbiz.de/10005094256
We run a large-scale natural field experiment to evaluate alternative strategies to enforce compliance with the law. The experiment varies the text of mailings sent to potential evaders of TV license fees. We find a strong alert effect of mailings, leading to a substantial increase in...
Persistent link: https://www.econbiz.de/10008583665
Nationwide school choice and fixed per-student governmental funding provide incentives for Dutch schools to perform well. Roughly one third of Dutch pre-university schools are of catholic denomination. Acknowledging this widely available outside option to public and other schools, this paper...
Persistent link: https://www.econbiz.de/10004979417
This paper carries out an overview of the recent history of privatisation in Spain. At this point, the paper focuses on …
Persistent link: https://www.econbiz.de/10005196308
This paper provides the first estimate of the actuarial balance of the Spanish contributory pension system for the old age contingency, based on official data. The novel entry in the balance sheet, named “Contribution Asset” or “Hidden Asset”, is at the centre of the theoretical...
Persistent link: https://www.econbiz.de/10005405839
The renewed momentum in the German housing market has led to concerns that Germany is vulnerable to asset price shocks … speculative bubbles in Germany over the sample period 1987Q3 – 2012Q4. Overall, we find that actual house prices are not … Germany. …
Persistent link: https://www.econbiz.de/10010877826
We examine whether government ideology was correlated with the growth in military expenditure in Germany over the …
Persistent link: https://www.econbiz.de/10011273090
Previous studies report a wide range of estimates for how female labor supply responds to childcare prices. We shed new light on this question using a reform that raised the prices of public daycare. Parents respond by reducing public daycare and increasing childcare at home. Parents also reduce...
Persistent link: https://www.econbiz.de/10010540257
Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood …
Persistent link: https://www.econbiz.de/10008727303