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Legal institutions, innovation and growth

Anderlini, Luca; Felli, Leonardo; Immordino, Giovanni; … - 2011

change is needed. The rigid system is preferable at early stages of technological development, when (lack of) commitment …

Persistent link: https://www.econbiz.de/10010274865

The Impact of Product and Labour Market Reform on Growth: Evidence for OECD Countries Based on Local Projections

de Haan, Jakob; Wiese, Rasmus - 2020

This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...

Persistent link: https://www.econbiz.de/10012269463

The Impact of Product and Labour Market Reform on Growth : Evidence for OECD Countries Based on Local Projections

de Haan, Jakob - 2020

Persistent link: https://www.econbiz.de/10012829322

Why Firms Should Care for all Consumers

Planer-Friedrich, Lisa; Sahm, Marco - 2015

We compare the strategic potential of Corporate Social Responsibility and Customer Orientation as commitments to larger quantities in Cournot competition. In addition to profits, firms can choose to care for the surplus of either all consumers (CSR) or their own customers only (CO), and if so,...

Persistent link: https://www.econbiz.de/10011388284

Investment Policy for Time-Inconsistent Discounters

Harstad, Bård - 2013

This paper explores how a principal with time-inconsistent preferences invests optimally in technology or capital. If the current principal prefers her future self to save more, she can increase current investments complementary to future savings and decrease investments in the strategic...

Persistent link: https://www.econbiz.de/10010328803

Forward Guidance in a Simple Model with a Zero Lower Bound

Illing, Gerhard; Siemsen, Thomas - 2014

the role of long-run and short-run price stickiness under discretion and commitment in a straightforward and intuitive way … when a commitment to hold nominal rates at zero for an extended period is optimal. We then introduce government spending …

Persistent link: https://www.econbiz.de/10010352378

Commitment to Pay Taxes: A Field Experiment on the Importance of Promise

Koessler, Ann-Kathrin; Torgler, Benno; Feld, Lars P.; … - 2016

-intrusive approach aimed at fostering the commitment to pay taxes. Using a between-subject design in a unique field setting, we … previously compliant taxpayers are more likely to make a promise, the commitment to do so can improve payment behaviour. This …

Persistent link: https://www.econbiz.de/10011584885

Commitment vs. Discretion in Climate and Energy Policy

Habermacher, Florian; Lehmann, Paul - 2017

-off between policy commitment and discretion affects the optimal intertemporal design of policies to support the deployment of … renewable energy sources. Using a dynamic partial equilibrium model of the power sector, we show that commitment to state …-contingent renewable subsidies outperforms both unconditional commitment and discretion. The choice between the practically more feasible …

Persistent link: https://www.econbiz.de/10011615910

The paradoxes of revenge in conflicts

Amegashie, J. Atsu; Runkel, Marco - 2008

commitment devices. …

Persistent link: https://www.econbiz.de/10010264332

(Why) are economists different?

Kirchgässner, Gebhard - 2005

After presenting some casual evidence about the difference between economists and the rest of the population, first the survey and experimental evidence which has been presented on this topic during the last 20 years is discussed. But can these results really be transferred to real world...

Persistent link: https://www.econbiz.de/10010272872

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