Most recent empirical analyses of aggregate economic fluctuations rely on the implicit assumption that business cycles are all alike. This paper investigates this assumption for the long-run international data set of Backus and Kehoe and presents the results of statistical tests of the...

This article investigates the effect of motivations on the perceived kindness of an action within the context of social indirect reciprocity (if A helps B, then C helps A). We test experimentally the hypothesis that, for a given distributional outcome, an action is perceived by a third party to...