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Economic Shocks and Populism : The Political Implications of Reference-Dependent Preferences
Panunzi, Fausto - 2020
Current reform proposals in international and corporate tax (most notably the OECD's GloBE proposal) envisage taxing financial statement income. This paper develops a conceptual framework – based on the literature on the elasticity of taxable income – for the welfare analysis of such...
Persistent link: https://www.econbiz.de/10012823561
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Strategic Interdependence in Political Movements and Countermovements
Hager, Anselm; Hensel, Lukas; Hermle, Johannes; Roth, … - 2019
political movements. In the leadup to two right-wing rallies, we exogenously shift potential participants’ beliefs about the …
Persistent link: https://www.econbiz.de/10012140991
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Firm-specific productivity risk over the business cycle : facts and aggregate implications
Bachmann, Ruediger; Bayer, Christian - 2009
Is time-varying firm-level uncertainty a major cause or amplifier of the business cycle? This paper investigates this question in the context of a heterogeneous-firm RBC model with persistent firm-level productivity shocks and lumpy capital adjustment, where cyclical changes in uncertainty...
Persistent link: https://www.econbiz.de/10010266059
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The cross-section of firms over the business cycle : new facts and a DSGE exploration
Bachmann, Ruediger; Bayer, Christian - 2009
Using a German firm-level data set, this paper is the first to jointly study the cyclical properties of the cross-sections of firm-level real value added and Solow residual innovations, as well as capital and employment adjustment. We find two new business cycle facts: 1) The cross-sectional...
Persistent link: https://www.econbiz.de/10010271782
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Risk-taking on Behalf of Others
Eriksen, Kristoffer W.; Kvaløy, Ola; Luzuriaga, Miguel - 2017
We present an experimental study on how people take risk on behalf of others. We use three different elicitation methods, and study how each subject makes decisions both on behalf of own money and on behalf of another individual’s money. We find a weak tendency of lower risk-taking with...
Persistent link: https://www.econbiz.de/10011615933
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International trade and cultural diversity : a model of preference selection
Bala, Vankatesh; Long, Ngo Van - 2004
We consider the evolution of preferences when trade occurs between two countries. We show that if one country is much … larger than the other, its preferences can eventually take over the preferences of the second country. This result may … agreements. We also show that when the sensitivity of preferences to the relative price is high, the distribution of preferences …
Persistent link: https://www.econbiz.de/10010261231
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Food prices and political instability
Arezki, Rabah; Brückner, Markus - 2011
We examine the effects that variations in the international food prices have on democracy and intra-state conflict using panel data for over 120 countries during the period 1970-2007. Our main finding is that in Low Income Countries increases in the international food prices lead to a...
Persistent link: https://www.econbiz.de/10010277367
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The unfinished business of state-owned enterprise reform in the People's Republic of China
Holz, Carsten A. - 2019
This paper examines the progress of state-owned enterprise (SOE) reform in the People’s Republic of China. After defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform waves that followed the deterioration of SOE...
Persistent link: https://www.econbiz.de/10012052794
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Does Religious Diversity Improve Trust and Performance? Evidence from Lebanon
Canaan, Serena; Deeb, Antoine; Mouganie, Pierre - 2022
Religious divisions have long played a primary role in major conflicts throughout much of the world. Intergroup contact may increase trust between members of different religions. However, evidence on how inter-religious contact affects individuals' behavior towards one another is scarce. We...
Persistent link: https://www.econbiz.de/10013427682
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A Blind and Militant Attachment: Russian Patriotism in Comparative Perspective
Alexeev, Mikhail; Pyle, William - 2022
Much of the literature on patriotic sentiment in post-Soviet Russia leans on the results of public opinion surveys administered to Russian citizens. Absent a comparison group, such evidence, while helpful, can leave one adrift in trying to assess the significance of any particular polling...
Persistent link: https://www.econbiz.de/10013470253