Showing 1 - 10 of 64
The eurozone has a single short-term nominal interest rate, but monetary policy conditions measured by real short-term interest rates varied substantially across countries in the period 2003-2010. We use this cross-country variation in the (local) tightness of monetary policy to examine its...
Persistent link: https://www.econbiz.de/10010948820
We conduct a field experiment in a controlled work environment to investigate the effect of motivational talk and its …
Persistent link: https://www.econbiz.de/10010693463
This paper exploits a large dataset of replications of the Holt and Laury (2002) risk elicitation task to study a possible outcome reporting bias using gender differences in risk attitudes. There is a strong consensus view in the experimental literature according to which women are more prudent...
Persistent link: https://www.econbiz.de/10010711138
natural experiment to estimate that the children from these (smaller) cohorts are 40 percent more likely to commit crimes. We …
Persistent link: https://www.econbiz.de/10010877799
We study the impact of political knowledge on the attitudes of European citizens towards the possible distribution of responsibilities between European level institutions and national governments in three policy areas: foreign policy, defence and immigration policy. The hypothesis tested is that...
Persistent link: https://www.econbiz.de/10008861864
productivity and their social preferences. This paper presents causal evidence that they do. In a real-effort experiment, we elicit … measures of workers’ productivity and trustworthiness and make this information available to potential employers. Our data show …
Persistent link: https://www.econbiz.de/10009364733
No voters cast their votes based on perfect information, but better educated and richer voters are on average better … strong correlation between income and political information, Congress representatives vote more conservatively, which is also …
Persistent link: https://www.econbiz.de/10009324089
Economists usually think that rational voters have little incentives to acquire costly information. We present a … information if media technology is available because then they do not condition their informational decisions on being pivotal …-ride. Further, we show how the quality of information depends on the size of the electorate, the prior knowledge of voters and on …
Persistent link: https://www.econbiz.de/10010877742
with various empirical findings, is the assumption that information about output decisions flows more freely within a …
Persistent link: https://www.econbiz.de/10005765715
Politicians seeking reelection need voters to know what they have done for them. Thus, incentives may arise to spend more money where media coverage is higher. We present a simple model to explain the allocation of public spending across jurisdictions contingent on media activity. An incumbent...
Persistent link: https://www.econbiz.de/10005181563