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The Effect of Regulatory Harmonization on Cross-border Labor Migration: Evidence from the Accounting Profession

Bloomfield, Matthew J.; Brüggemann, Ulf; Christensen, … - 2015

The paper examines whether international regulatory harmonization increases cross-border labor migration. To study this question, we analyze European Union (EU) initiatives that harmonized accounting and auditing standards. Regulatory harmonization should reduce economic mobility barriers,...

Persistent link: https://www.econbiz.de/10011431204

A Q-Theory of Banks

Begenau, Juliane; Bigio, Saki; Majerovitz, Jeremy; … - 2021

We propose a dynamic bank theory with a delayed loss recognition mechanism and a regulatory capital constraint at its core. The estimated model matches four facts about banksâ€™ Tobinâ€™s Q that summarize bank leverage dynamics. (1) Book and market equity values diverge, especially...

Persistent link: https://www.econbiz.de/10013323873

Do People Value More Informative New?

Chopra, Felix - 2020

We examine whether the desire for more information is people's dominant motive for reading economic and political news. Drawing on representative samples of the U.S. population with more than 15,000 respondents in total, we measure and experimentally vary people's beliefs about the...

Persistent link: https://www.econbiz.de/10012843435

Credence Goods Markets and the Informational Value of New Media : A Natural Field Experiment

Kerschbamer, Rudolf - 2019

Credence goods markets are characterized by pronounced informational asymmetries between consumers and expert sellers. As a consequence, consumers are often exploited and market efficiency is threatened. However, in the digital age, it has become easy and cheap for consumers to self-diagnose...

Persistent link: https://www.econbiz.de/10012859603

School Tracking and Mental Health

Bockerman, Petri - 2019

We examine the effects of a comprehensive school reform on mental health. The reform postponed the tracking of students into vocational and academic schools from age 11 to age 16. The reform was implemented gradually across Finnish municipalities between 1972 and 1977. We use...

Persistent link: https://www.econbiz.de/10012859608

Service Imports, Workforce Composition, and Firm Performance : Evidence from Finnish Microdata

Ariu, Andrea - 2019

This paper uses unique Finnish firm-level micro data on service imports, work-force composition, and firm characteristics to examine changes in employment composition and performance of Finnish service importers during a period of a significant increase in services imports (2002-2012). We use...

Persistent link: https://www.econbiz.de/10012861415

Voice at Work

Harju, Jarkko; Jäger, Simon; Schoefer, Benjamin - 2021

We estimate the effects of worker voice on job quality and separations. We leverage the 1991 introduction of worker representation on boards of Finnish firms with at least 150 employees. In contrast to exit-voice theory, our difference-in-differences design reveals no effects on voluntary job...

Persistent link: https://www.econbiz.de/10013239560

Leaky Bucket in the Real World : Estimating Inequality Aversion Using Survey Data

Pirttila, Jukka; Uusitalo, Roope - 2021

Existing evidence of inequality aversion relies on data from class-room experiments where subjects face hypothetical questions. This paper estimates the magnitude of inequality aversion using representative survey data, with questions related to the real-economy situations the respondents face....

Persistent link: https://www.econbiz.de/10013317002

The Looks of a Winner : Beauty, Gender, and Electoral Success

Berggren, Niclas; Jordahl, Henrik; Poutvaara, Panu - 2007

We study the role of beauty in politics using candidate photos that figured prominently in electoral campaigns. Our investigation is based on visual assessments of 1,929 Finnish political candidates from 10,011 respondents (of which 3,708 were Finnish). An increase in beauty by one standard...

Persistent link: https://www.econbiz.de/10014049900

Gallup Democracy in Exercising the NATO Membership Option : The Cases of Finland and Sweden

Kanniainen, Vesa - 2022

The paper asks whether the exercising of the NATO membership option is justified for Finland and Sweden in the light of … towards the membership. In both countries, the majority of people turned to favor the membership within 2-3 months. Finland …. The Turkish intervention in the membership process after the membership applications of Finland and Sweden were delivered …

Persistent link: https://www.econbiz.de/10014078678

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