Narrow search
Showing 1 - 10 of 328
Cover Image
The Seniority Structure of Sovereign Debt
Schlegl, Matthias - 2019
Sovereign governments owe debt to many foreign creditors and can choose which creditors to favor when making payments. This paper documents the de facto seniority structure of sovereign debt using new data on defaults (missed payments or arrears) and creditor losses in debt restructuring...
Persistent link: https://www.econbiz.de/10012870639
Cover Image
Refunding Emission Payments : Output-Based versus Expenditure-Based Refunding
Hagem, Cathrine - 2020
We analyse two mechanism designs for refunding emission payments to polluting firms: output-based refunding (OBR) and expenditure-based refunding (EBR). In both instruments, emission fees are returned to the polluting industry, typically making the policy more politically acceptable than a...
Persistent link: https://www.econbiz.de/10012830988
Cover Image
Political Activists as Free-Riders : Evidence from a Natural Field Experiment
Hager, Anselm - 2020
nation-wide natural field experiment in collaboration with a major European party during a recent national election. In a …
Persistent link: https://www.econbiz.de/10012826057
Cover Image
Incentives, Self-Selection, and Coordination of Motivated Agents for the Production of Social Goods
Bauer, Kevin; Kosfeld, Michael; von Siemens, Ferdinand - 2021
). Agents differ in their motivation to exert social effort. Our model predicts that lowering incentives for selfish effort in … prediction in a lab experiment allowing us to cleanly separate the selection effect from other effects of low incentives. Results …
Persistent link: https://www.econbiz.de/10013217557
Cover Image
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
Cover Image
Does Online Fundraising Increase Charitable Giving? A Nationwide Field Experiment on Facebook
Adena, Maja; Hager, Anselm - 2024
experiment across Germany, randomly assigning almost 8,000 postal codes to Save the Children fundraising videos or to a pure …Does online fundraising increase charitable giving? Using the Facebook advertising tool, we implemented a natural field … substitution and measurement issues. We found that (i) video fundraising increased donation revenue and frequency to Save the …
Persistent link: https://www.econbiz.de/10014534337
Cover Image
Quality-Aware Tax Incentives for Charitable Contributions
Halberstam, Zachary; Hines, James R. - 2023
This paper characterizes efficient tax subsidies for charitable contributions, and considers the properties of potential reforms. Contributions are underprovided in the absence of subsidies, and are misdirected if subsidies fail to account for all of the costs that donors incur. It is costly for...
Persistent link: https://www.econbiz.de/10014290160
Cover Image
Relational Warm Glow and Giving in Social Groups
Scharf, Kimberley Ann; Smith, Sarah - 2014
between social group size and fundraising outcomes: (i) a positive relationship between group size and the total number of …
Persistent link: https://www.econbiz.de/10010398556
Cover Image
Relational Altruism and Giving in Social Groups
Scharf, Kimberley Ann; Smith, Sarah - 2016
Much fundraising is done by individuals within existing social groups. Exploiting a unique dataset, we demonstrate (i …
Persistent link: https://www.econbiz.de/10011522452
Cover Image
Optimal Targeting in Fundraising: A Machine-Learning Approach
Cagala, Tobias; Glogowsky, Ulrich; Rincke, Johannes; … - 2021
Ineffective fundraising lowers the resources charities can use for goods provision. We combine a field experiment and a … causal machine-learning approach to increase a charity’s fundraising effectiveness. The approach optimally targets … fundraising to individuals whose expected donations exceed solicitation costs. Among past donors, optimal targeting substantially …
Persistent link: https://www.econbiz.de/10012582100