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In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the perceived and the actual fairness of the income generation process affects this association. Building on a simple model of individual labor-market participation under...
Persistent link: https://www.econbiz.de/10013136696
For representative German panel data, we show that voluntary job switching leads to relatively high levels of life satisfaction, though only for some time, whereas the impact of exogenously triggered job changes is ambiguous. Risk aversion interacts negatively with this effect in life...
Persistent link: https://www.econbiz.de/10012988230
This paper aims to understand how corruption responds to an income loss. We exploit an unexpected 25% wage cut incurred …-stake exam taking place shortly after the wage announcement. To measure corruption we compare changes in exam outcomes from 2009 … induced better exam outcomes in public than in private schools and we attribute this difference to increased corruption by …
Persistent link: https://www.econbiz.de/10013089162
The majority of theoretical and empirical studies on the relationship between decentralization and corruption argues … that the devolution of power might be a feasible instrument to keep corruption at bay. We argue that this result crucially …-country data, we analyze the relationship between decentralization and corruption taking different degrees of the freedom of the …
Persistent link: https://www.econbiz.de/10013316367
This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption … that the shadow economy reduces corruption in high income countries, but increases corruption in low income countries. We … also find that stricter regulations increase both corruption and the shadow economy …
Persistent link: https://www.econbiz.de/10013317657
We use real‐time annual data on the fiscal balance, government current spending, current revenues and net capital outlays as published at a half yearly frequency in the OECD Economic Outlook for 25 OECD countries. For each fiscal year t we have a number of forecasts, a first release, and...
Persistent link: https://www.econbiz.de/10013100272
We examine moonlighting by politicians in Germany. In July 2007, the German Supreme Court adjudicated that members of parliament (MPs) have to publish details of their outside earnings. Using panel data models, we investigate how outside earnings are correlated with absence and parliamentary...
Persistent link: https://www.econbiz.de/10013049213
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