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Shin, Dongsoo; Strausz, Roland - 2014

Using an agency model, we show how delegation, by generating additional private information, improves dynamic …

Persistent link: https://www.econbiz.de/10010352361

The Effect of Chosen or Given Luck on Honesty

Geraldes, Diogo; Heinicke, Franziska; Kim, Duk Gyoo - 2022

erodes the moral value of honesty; (2) whether the perceived level of agency over an uncertain event affects the relationship … when contemporaneous luck-based income is high, (2) lying is not affected by the perceived level of agency, and (3) lying …

Persistent link: https://www.econbiz.de/10013427690

Demography and innovative entrepreneurship

Bönte, Werner; Falck, Oliver; Heblich, Stephan - 2007

. In this article, we analyze the relationship between age structure and the number of startups. We argue that an … individual's decision to start a business is determined by his or her age and, therefore, that a change in a region's age … distribution affects the expected number of startups in the region. Using German regional data, we estimate a count-data model and …

Persistent link: https://www.econbiz.de/10010264224

Every catholic child in a catholic school: historical resistance to state schooling, contemporary private competition, and student achievement across countries

West, Martin R.; Woessmann, Ludger - 2008

Nineteenth-Century Catholic doctrine strongly opposed state schooling. We show that countries with larger shares of Catholics in 1900 (but without a Catholic state religion) tend to have larger shares of privately operated schools even today. We use this historical pattern as a natural...

Persistent link: https://www.econbiz.de/10010264384

Organized crime and foreign direct investment: the Italian case

Daniele, Vittorio; Marani, Ugo - 2008

The objective of this paper is to examine the impact of crime on FDI inflows in 103 Italian provinces. The incidence of criminality is measured through the number of complaints for different kinds of crime. The analysis has been conducted using different estimation methods for panel data. The...

Persistent link: https://www.econbiz.de/10010264452

Estimation of higher-order spatial autoregressive panel data error component models

Badinger, Harald; Egger, Peter - 2009

This paper develops an estimator for higher-order spatial autoregressive panel data error component models with spatial autoregressive disturbances, SARAR(R,S). We derive the moment conditions and optimal weighting matrix without distributional assumptions for a generalized moments (GM)...

Persistent link: https://www.econbiz.de/10010264566

A generalized spatial panel data model with random effects

Baltagi, Badi H.; Egger, Peter; Pfaffermayr, Michael - 2012

This paper proposes a generalized panel data model with random effects and first-order spatially autocorrelated residuals that encompasses two previously suggested specifications. The first one is described in Anselin's (1988) book and the second one by Kapoor, Kelejian, and Prucha (2007). Our...

Persistent link: https://www.econbiz.de/10010288235

How Do Trade and Communication Costs Shape the Spatial Organization of Firms?

Gokan, Toshitaka; Kichko, Sergey; Thisse, Jacques-Francois - 2019

the same region and show that transportation and communication costs have opposite effects on firms’ organizational …

Persistent link: https://www.econbiz.de/10012141089

Interregional redistribution and budget institutions under asymmetric information

Huber, Bernd; Runkel, Marco - 2005

Empirical evidence from the U.S. and the European Union suggests that regions which contribute to interregional redistribution face weaker borrowing constraints than regions which benefit from interregional redistribution. This paper presents an argument in favor of such differentiated budgetary...

Persistent link: https://www.econbiz.de/10010261294

The Political Economy of Educational Content and Development: Lessons from History

Cantoni, Davide; Yuchtman, Noam - 2013

Beyond years of schooling, educational content can play an important role in the process of economic development …

Persistent link: https://www.econbiz.de/10010293981