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Complementarity of Innovation Policies in the Brazilian Industry: An Econometric Study

Strube, Eduardo; Resende, Marcelo - CESifo - 2009

The paper aims at assessing discrete complementarities in innovation policies in the context of the Brazilian industry … strong evidence of complementarities in obstacles when considering the intensity of innovation. In the latter case, therefore …

Persistent link: https://www.econbiz.de/10008534024

A Large-Market Rational Expectations Equilibrium Model

Vives, Xavier - CESifo - 2011

This paper presents a market with asymmetric information where a privately revealing equilibrium obtains in a competitive framework and where incentives to acquire information are preserved. The equilibrium is efficient, and the paradoxes associated with fully revealing rational expectations...

Persistent link: https://www.econbiz.de/10009144882

Complementarities of HRM Practices - A Case for Employing Multiple Methods and Integrating Multiple Fields

Englmaier, Florian; Schüßler, Katharina - CESifo - 2015

We provide an overview over different literature streams that aim at explaining the origin of persistent productivity differences across organizations by variation in the use of management practices. We focus on human resource management (HRM) practices, document gaps in the literature, and show...

Persistent link: https://www.econbiz.de/10011202964

Information, Coordination, and the Industrialization of Countries

Englmaier, Florian; Reisinger, Markus - CESifo - 2006

The industrialization process of a country is often plagued by a failure to coordinate investment decisions. Using the Global Games approach we can solve this coordination problem and eliminate the problem of multiple equilibria. We show how appropriate information provision enhances efficiency....

Persistent link: https://www.econbiz.de/10005094193

Firms' Optimism and Pessimism

Bachmann, Ruediger; Elstner, Steffen - CESifo - 2013

Are firms’ expectations systematically too optimistic or too pessimistic? Does it matter? We use micro data from the West German manufacturing subset of the IFO Business Climate Survey to infer quarterly production changes at the firm level and combine them with production expectations over a...

Persistent link: https://www.econbiz.de/10010643336

Behavioral Biases and Long Term Care Annuities: A Political Economy Approach

Donder, Philippe De; Leroux, Marie-Louise - CESifo - 2012

biases: myopia, optimism and sophisticated procrastination. Optimists and myopics similarly under-estimate their own …

Persistent link: https://www.econbiz.de/10010693465

Curriculum and Ideology

Cantoni, Davide; Chen, Yuyu; Yang, David Y.; Yuchtman, Noam - CESifo - 2014

We study the causal effect of school curricula on students’ stated beliefs and attitudes. We exploit a major textbook …

Persistent link: https://www.econbiz.de/10010877958

Leaders as Role Models for the Voluntary Provision of Public Goods

Gaechter, Simon; Renner, Elke - CESifo - 2014

We investigate the link between leadership, beliefs and pro-social behavior. This link is interesting because field … influenced by leaders (CEOs, politicians) and beliefs about others’ behavior. Our framework is an experimental public goods game … with a leader. We find that leaders strongly shape their followers’ initial beliefs and contributions. In later rounds …

Persistent link: https://www.econbiz.de/10010948862

Fairness Spillovers - The Case of Taxation

Cornelissen, Thomas; Himmler, Oliver; König, Tobias - CESifo - 2010

It is standardly assumed that individuals adjust to perceived unfairness or norm violations in precisely the same area or relationship where the original offense has occurred. However, grievances over being exposed to injustice may have even broader consequences and also spill over to other...

Persistent link: https://www.econbiz.de/10008727283

Policy Experimentation, Political Competition, and Heterogeneous Beliefs

Millner, Antony; Ollivier, Hélène; Simon, Leo - CESifo - 2014

different beliefs about how policy choices will map into future economic outcomes. We show that when the incumbent party can …-serving behavior by political parties, but rather stems from their differing beliefs about the consequences of their actions. …

Persistent link: https://www.econbiz.de/10010781549