Showing 1 - 10 of 14
This paper reports results from an experiment studying how fines, leniency programs and reward schemes for whistleblowers affect cartel formation and prices. Antitrust without leniency reduces cartel formation, but increases cartel prices: subjects use costly fines as (altruistic) punishments....
Persistent link: https://www.econbiz.de/10005419507
Empirical studies of the relation between government size and economic growth come to widely different conclusions. In part this may reflect the fact that many studies report regressions that contain severe multicollinearity, heteroscedasticity, simultaneity and other specification problems....
Persistent link: https://www.econbiz.de/10005671123
This paper provides a simple explanation for why some minority groups are economically successful, despite being subject to government-mandated discriminatory policies. We study an economy with private and public sectors in which workers invest in imperfectly observable skills that are important...
Persistent link: https://www.econbiz.de/10005780381
This paper carries out a critical reappraisal of the two contending theories purporting to explain long-run government spending: Wagner’s Law and different variants of the ratchet effect. We analyze data spanning from the early 19th century until the present day in Sweden and the United...
Persistent link: https://www.econbiz.de/10008476276
In a recent review article Jonas Agell, Thomas Lindh and Henry Ohlsson (1997) claim that theoretical and empirical evidence does not allow any conclusion on whether there is a relationship between the rate of economic growth and the size of the public sector. They illustrate their conclusion...
Persistent link: https://www.econbiz.de/10005486488
In a recent review article Jonas Agell, Thomas Lindh and Henry Ohlsson (1997) claim that theoretical and empirical evidence does not allow any conclusion on whether there is a relationship between the rate of economic growth and the size of the public sector. They illustrate their conclusion...
Persistent link: https://www.econbiz.de/10005645383
A number of cross-country comparisons do not find a robust negative relationship between government size and economic growth. In part this may reflect the prediction in economic theory that a negative relationship should exist primarily for rich countries with large public sectors. In this paper...
Persistent link: https://www.econbiz.de/10005645403
The human capital model predicts that in equilibrium and in the absence of discrimination units of human capital possessed by individuals are paid the same rentals. This would hold also when comparing private and government sectors. Only non-pecuniary rewards such as better job security of...
Persistent link: https://www.econbiz.de/10010684514
We provide a cultural explanation to the phenomenon of corruption in the framework of an overlapping generations model … corruption. …
Persistent link: https://www.econbiz.de/10005670116
We provide a cultural explanation to the phenomenon of corruption in the framework of an overlapping generations model … corruption. The driving force in the equilibrium selection process is the education effort exerted by parents which depends on … interventions which via parents' efforts have long-lasting effects on corruption and show the success of intensive education …
Persistent link: https://www.econbiz.de/10005419498