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Money Laundering and Corruption : Birds of a Feather Flock Together

Barone, Raffaella - 2019

corruption. On the one hand, if we assume that the goal of criminals involved in corruption is to minimize the probability of … being detected, then corruption represents a demand for money laundering (trigger effect), while money laundering can serve … as an effective way to clean the revenue from corruption for re-investment (multiplier effect). On the other hand …

Persistent link: https://www.econbiz.de/10012867872

Punishment : and beyond

Frey, Bruno S. - 2009

This paper argues that the Economics of Crime concentrates too much on punishment as a policy to fight crime, which is unwise for several reasons. There are important instances in which punishment simply cannot reduce crime. Several feasible alternatives to punishment exist, such as offering...

Persistent link: https://www.econbiz.de/10010266023

Yes, managers should be paid like bureaucrats

Frey, Bruno S.; Osterloh, Margit - 2005

extrinsic motivation is reinforced. Based on the common pool approach to the firm, institutions are proposed which serve to …

Persistent link: https://www.econbiz.de/10010261124

Knight fever : towards an economics of awards

Frey, Bruno S. - 2005

Awards in the form of orders, medals, decorations and titles are ubiquitous in monarchies and republics, private organizations, not-for-profit and profit-oriented firms. Nevertheless, economists have disregarded this kind of non-material extrinsic incentive. The demand for awards relies on an...

Persistent link: https://www.econbiz.de/10010261193

What is an award worth? : an econometric assessment of the impact of awards on employee performance

Neckermann, Susanne; Cueni, Reto; Frey, Bruno S. - 2009

Behavioral economics documents the importance of status and self-image concerns in the workplace, but is largely silent about how to instrumentalize them to induce effort. Awards - widespread in the corporate sector and elsewhere - are motivators that derive their value from such social...

Persistent link: https://www.econbiz.de/10010273799

Money laundering and corruption: birds of a feather flock together

Barone, Raffaella; Masciandaro, Donato; Schneider, Friedrich - 2019

Persistent link: https://www.econbiz.de/10012052793

Shadow Economies around the World: New Results for 158 Countries over 1991-2015

Medina, Leandro; Schneider, Friedrich - 2017

Using the MIMIC method, this paper is a first attempt to estimate the size of the shadow economy of 158 countries over the period 1991 up to 2015. In addition to performing a variety of robustness tests, this paper explicitly addresses endogeneity concerns to the use of GDP as cause and...

Persistent link: https://www.econbiz.de/10011657151