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Most professional economists believe that economists in general are more selfish than other persons and that this … particular behavior of economists can be explained by a selection effect. …
Persistent link: https://www.econbiz.de/10005405815
After presenting some casual evidence about the difference between economists and the rest of the population, first the … presented where the citizens decided against recommendations of most economists. But what is so particular in economic theory … respect to the normative convictions of economists. The paper concludes with possible consequences which economists might draw. …
Persistent link: https://www.econbiz.de/10005766201
Alphabetic name ordering on multi-authored academic papers, which is the convention in the economics discipline and various other disciplines, is to the advantage of people whose last name initials are placed early in the alphabet. As it turns out, Professor A, who has been a first author more...
Persistent link: https://www.econbiz.de/10005766276
Academic economists today are caught in a “Publication Impossibility Theorem System” or PITS. To further their careers …
Persistent link: https://www.econbiz.de/10005051495
In Germany, the employment response to the post-2007 crisis has been muted compared to other industrialized countries. Despite a large drop in output, employment has hardly changed. In this paper, we analyze the determinants of German firms’ labor demand during the crisis using a firm-level...
Persistent link: https://www.econbiz.de/10009367393
Rain affects electoral turnout both through a direct effect on the cost of voting and by changing the opportunity cost. In a panel of Norwegian municipalities I find that rain on Election Day increases turnout. As turnout affects electoral outcomes, rain provides an exogeneous source of...
Persistent link: https://www.econbiz.de/10010877735
According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure. As a consequence, governments shift their expenditures in favour of transfers and subsidies and away from capital expenditures. This expenditure shift is potentially enhanced...
Persistent link: https://www.econbiz.de/10005766280
After having been ignored for a long time by economists, happiness is becoming an object of serious research in 21st …
Persistent link: https://www.econbiz.de/10005181318
Motivated by the process of economic development in Eastern Germany since the German reunification we set up a dynamic macroeconomic model of a small open economy where both capital and labor are mobile and there are increasing returns to scale at the aggregate level. The model features multiple...
Persistent link: https://www.econbiz.de/10008671695
Research on the elasticity of substitution between capital and labor - σ - has been proceeding for 75 years. While there is clearly a strong case for the importance of σ in the analysis of growth and other economic issues, much less agreement exists on the value of σ. This paper offers some...
Persistent link: https://www.econbiz.de/10005405746