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Environmental Policy and Firm Selection in the Open Economy
Kreickemeier, Udo - 2019
In this paper, we analyse the effects of a unilateral change in an emissions tax in a model of international trade with heterogeneous firms. We find a positive effect of tighter environmental policy on average productivity in the reforming country through reallocation of labour towards exporting...
Persistent link: https://www.econbiz.de/10012866556
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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 positive incentives or handing out awards for law abiding behavior. These …
Persistent link: https://www.econbiz.de/10010266023
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The Null Result Penalty
Chopra, Felix; Haaland, Ingar; Roth, Christopher; … - 2022
We examine how the evaluation of research studies in economics depends on whether a study yielded a null result. Studies with null results are perceived to be less publishable, of lower quality, less important, and less precisely estimated than studies with significant results, even when holding...
Persistent link: https://www.econbiz.de/10014082791
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Deviant or Wrong? The Effects of Norm Information on the Efficacy of Punishment
Bicchieri, Cristina; Dimant, Eugen; Xiao, Erte - 2021
Research examining the effect of weak punishment on conformity indicates that punishment can backfire and lead to … of social norms and their interplay with weak punishment in the context of a trust game. Across six conditions, we … systematically vary the combination of existence of weak punishment and norm information. Norm information may refer either to what …
Persistent link: https://www.econbiz.de/10013228854
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Rotemberg and Imperfect Common Knowledge : A Solution Algorithm
Šauer, Radek - 2020
This paper develops an algorithm that enables to solve macroeconomic models with Rotemberg pricing and imperfect common knowledge. Under the concept of imperfect common knowledge, Rotemberg pricing requires the solution algorithm to take prices explicitly into account. The state space includes...
Persistent link: https://www.econbiz.de/10012841148
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Signaling and Employer Learning with Instruments
Aryal, Gaurab - 2020
The social and the private returns to education differ when education can increase productivity, and also be used to signal productivity. We show how instrumental variables can be used to separately identify and estimate the social and private returns to education within the employer learning...
Persistent link: https://www.econbiz.de/10012841583
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Belief Elicitation : Limiting Truth Telling with Information or Incentives
Danz, David - 2020
Belief elicitation is central to inference on economic decision making. The recently introduced Binarized Scoring Rule (BSR) is heralded for its robustness to individuals holding risk averse preferences and for its superior performance when eliciting beliefs. Consequently, the BSR has become the...
Persistent link: https://www.econbiz.de/10012842970
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Learning and Information Transmission within Multinational Corporations
Chen, Cheng - 2020
We propose that multinational firms learn about their profitability in a particular market by observing their performance in nearby markets. We first develop a model of firm expectations formation with noisy signals from multiple markets and derive predictions on expectations formation and...
Persistent link: https://www.econbiz.de/10012825991
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Information, Asymmetric Incentives, or Withholding? Understanding the Self-Enforcement of Value-Added Tax
Waseem, Mazhar - 2019
During the period 1996-2000, the coverage of VAT in Pakistan rose by twenty times in terms of the number of firms in the tax net and by ten times in terms of the volume of transactions subject to it. This paper leverages this staggered introduction of VAT in the country to estimate its...
Persistent link: https://www.econbiz.de/10012866312
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Optimal Redistribution in the Presence of Signaling
Bastani, Spencer; Blumkin, Tomer; Micheletto, Luca - 2021
We analyze optimal redistribution in the presence of labor market signaling where innate productive ability is not only unobserved by the government, but also by prospective employers. Signaling in both one and two dimensions is considered, where in the latter case firms have an informational...
Persistent link: https://www.econbiz.de/10013217555