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Social Capital and the Spread of Covid-19 : Insights from European Countries
Bartscher, Alina K. - 2020
, Germany, Italy, the Netherlands, Sweden, Switzerland and the UK. Exploiting within-country variation, we show that a one …
Persistent link: https://www.econbiz.de/10012831658
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Labor Market Effects of COVID-19 in Sweden and its Neighbors : Evidence from Novel Administrative Data
Juranek, Steffen - 2020
'), Sweden decided for much lighter restrictions. Empirically, we use novel administrative data on weekly new unemployment and … furlough spells from all 56 regions of the Nordic countries to compare the labor market outcomes of Sweden with the ones of its … neighbors. Our evidence suggests that the labor markets of all countries were severely hit by the pandemic, although Sweden …
Persistent link: https://www.econbiz.de/10012825995
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Taxing Moral Agents
Muñoz Sobrado, Esteban - 2022
Experimental and empirical findings suggest that non-pecuniary motivations play a significant role as determinants of taxpayers’ decision to comply with the tax authority and shape their perceptions and assessment of the tax code. By contrast, the canonical optimal income taxation model...
Persistent link: https://www.econbiz.de/10014079642
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Rising to the Challenge : Bayesian Estimation and Forecasting Techniques for Macroeconomic Agent-Based Models
Delli Gatti, Domenico - 2019
We propose two novel methods to "bring ABMs to the data". First, we put forward a new Bayesian procedure to estimate the numerical values of ABM parameters that takes into account the time structure of simulated and observed time series. Second, we propose a method to forecast aggregate time...
Persistent link: https://www.econbiz.de/10012860573
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The Out of Africa Hypothesis of Comparative Economic Development : Common Misconceptions
Ashraf, Quamrul H. - 2019
The importance of the prehistoric migration of anatomically modern humans from Africa for comparative economic development has been the focus of a vibrant research agenda in the past decade. This influential literature has attracted the attention of some scholars from other disciplines, and in...
Persistent link: https://www.econbiz.de/10012892135
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Can integrity replace institutions? : theory and evidence
Aharonovitz, Gilad D.; Skuza, Nathan; Fahs, Faysal - 2009
Institutions are important for proper economic performance, but are replaceable by trust or other social norms. We show that when proper institutions and trust are missing, integrity of the individuals can replace them. We construct a model of a transactions-based economy with contracts...
Persistent link: https://www.econbiz.de/10010265978
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The Slippery Slope Framework : Extending the Analysis by Investigating Factors Affecting Trust and Power
Mardhiah, Mardhiah - 2019
Many empirical studies have been conducted to test the Slippery Slope Framework (SSF) assumptions. Yet, only a few studies focus their attention on tax compliance factors associated with trust and power. Therefore, this study is dedicated to fully exploring these factors. The results show that...
Persistent link: https://www.econbiz.de/10012892090
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Do Firms Gain from Managerial Overconfidence? The Role of Severance Pay
Graziano, Clara; Luporini, Annalisa - 2022
We analyze the effects of optimism and overconfidence when the manager’s compensation package includes severance pay and the CEO has bargaining power. We find that optimism does not affect incentive pay but increases severance pay with a negative effect on profit. Overconfidence, on the...
Persistent link: https://www.econbiz.de/10014082159
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Externalities and the Erosion of Trust
Daniele, Gianmarco; Martinangeli, Andrea FM; … - 2023
We present a theory linking political and social trust to explain trust erosion in modern societies. Individuals …
Persistent link: https://www.econbiz.de/10014348046
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Marriage and Divorce : The Role of Labor Market Institutions
Schulz, Bastian - 2020
Marriage and divorce decisions are influenced by the institutional environment they are made in. One example is the social insurance system, which acts as a substitute for within-household insurance against economic shocks. In this paper, we quantify the importance of household-level insurance...
Persistent link: https://www.econbiz.de/10012824595