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Trust in public institutions over the business cycle
Stevenson, Betsey; Wolfers, Justin - 2011
the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …We document that trust in public institutions - and particularly trust in banks, business and government - has declined … over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in …
Persistent link: https://www.econbiz.de/10010274853
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Airline Alliances and Service Quality
Brueckner, Jan K. - 2018
Convenient scheduling, characterized by adequate flight frequency, is the main quality attribute for airline services. However, the effect of airline alliances on this important dimension of service quality has received almost no attention in the literature. This paper fills this gap by...
Persistent link: https://www.econbiz.de/10012908676
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Future European Alliance - Europe as a Flexible Democracy
Frey, Bruno S. - 2019
A reasonable future for Europe can only be achieved if two essential elements are fulfilled: Firstly, newly established institutions must be democratic and have strong support from citizens rather than from national governments. Secondly, the large number of different ethnic, cultural,...
Persistent link: https://www.econbiz.de/10012892304
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Pricing by International Airline Alliances : A Retrospective Study Using Supplementary Foreign-Carrier Fare Data
Brueckner, Jan K. - 2019
This study provides further empirical evidence on pricing by international airline alliances. The paper covers a long sample period, which runs from 1997 to 2016, and it supplements the usual USDOT fare data with confidential fare data reported by the foreign alliance partners of US carriers....
Persistent link: https://www.econbiz.de/10012866395
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Pandemics, Places, and Populations : Evidence from the Black Death
Jedwab, Remi - 2019
The Black Death killed 40% of Europe’s population between 1347-1352, making it one of the largest shocks in the history of mankind. Despite its historical importance, little is known about its spatial effects and the effects of pandemics more generally. Using a novel dataset that provides...
Persistent link: https://www.econbiz.de/10012891571
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Monetary Policy and Racial Inequality
Bartscher, Alina K.; Wachtel, Paul; Kuhn, Moritz; … - 2021
This paper aims at an improved understanding of the relationship between monetary policy and racial inequality. We investigate the distributional effects of monetary policy in a unified framework, linking monetary policy shocks both to earnings and wealth differentials between black and white...
Persistent link: https://www.econbiz.de/10013246912
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Slave Prices, Geography and Insolation in 19th Century African-American Stature
Carson, Scott A. - 2021
The use of height data to measure living standards is now a well-established method in the economic literature. Moreover, while much is known about 19th century black legal and material conditions, less is known about how 19th century institutional arrangements were related to black stature....
Persistent link: https://www.econbiz.de/10013316821
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Price and Prejudice : Housing Rents Reveal Racial Animus
Brülhart, Marius; Klinke, Gian-Paolo; Marcucci, Andrea; … - 2023
We study market rents in the neighborhood of asylum seeker hosting centers. Our empirical setting exploits the quasi-random opening of centers and spatial allocation of asylum seekers in Switzerland. Rents within 0.7km of an active center are found on average to be 3.8% lower than rents in the...
Persistent link: https://www.econbiz.de/10014357814
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The dynamic interplay of inequality and trust: an experimental study
Greiner, Ben; Ockenfels, Axel; Werner, Peter - 2007
We study the interplay of inequality and trust in a dynamic game, in which trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with … equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains …
Persistent link: https://www.econbiz.de/10010264271
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Does laboratory trading mirror behavior in real world markets?: fair bargaining and competitive bidding on EBay
Bolton, Gary E.; Ockenfels, Axel - 2008
We conducted a controlled field experiment on eBay and examined to what extent both social and competitive laboratory behavior is robust to institutionally complex real world markets with experienced traders, who selected themselves into these markets. EBay's natural trading system provides...
Persistent link: https://www.econbiz.de/10010264320