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Why is there a Spike in the Job Finding Rate at Benefit Exhaustion?

Boone, Jan - 2009

Putting a limit on the duration of unemployment benefits tends to introduce a “spike” in the job finding rate shortly before benefits are exhausted. Current theories explain this spike from workers' behavior. We present a theoretical model in which also the nature of the job matters....

Persistent link: https://www.econbiz.de/10013155072

Inside Post-Socialist Courts : The Determinants of Adjudicatory Outcomes in Slovenian Commercial Disputes

Dimitrova-Grajzl, Valentina P. - 2014

two decades after the start of transition in Slovenia, the judicial system is still a source of legal inconsistency and …

Persistent link: https://www.econbiz.de/10013049218

Medieval Universities, Legal Institutions, and the Commercial Revolution

Cantoni, Davide - 2013

We present new data documenting medieval Europe's “Commercial Revolution” using information on the establishment of markets in Germany. We use these data to test whether medieval universities played a causal role in expanding economic activity, examining the foundation of Germany's first...

Persistent link: https://www.econbiz.de/10013073085

Of Morals, Markets and Mice : A Comment on Falk and Szech

Breyer, Friedrich; Weimann, Joachim - 2021

A recent experimental study by Falk and Szech (Science, 2013) concludes that "markets erode moral values". If this were true, economists, who have emphasized the efficiency enhancing effects of markets for centuries, would have to reconsider their judgments fundamentally. This would be no less...

Persistent link: https://www.econbiz.de/10013315611

The Role of Government and Trust in the Market Economy

König, Nadja - 2018

This paper studies the role of governments and its link to trust. We argue that the public's trust strongly depends on governments delivering on their core tasks in a market economy. In some economies, a neglect of core tasks can be observed and there seems to be some erosion, notably in terms...

Persistent link: https://www.econbiz.de/10012916570

Why Does Environmental Policy in Representative Democracies Tend to Be Inadequate? A Preliminary Public Choice Analysis

Kollmann, Andrea - 2010

There is a widespread consensus among the most important players in developed countries (voters, politicians, producers, traditional and green interest groups and bureaucracies) that a shift towards an eco-social market economy is essential for sustainable growth. Nevertheless, market-based...

Persistent link: https://www.econbiz.de/10013136587

Tullock Challenges : Happiness, Revolutions and Democracy

Frey, Bruno S. - 2011

Gordon Tullock has been one of the most important founders and contributors to Public Choice. Two innovations are typical “Tullock Challenges." The first relates to method: The measurement of subjective well-being, or happiness. The second relates to digital social networks such as Facebook,...

Persistent link: https://www.econbiz.de/10013124683

How to Tame Two Leviathans? - Revisiting the Effect of Direct Democracy on Local Public Expenditure

Galletta, Sergio - 2012

We explore how the vertical structure of direct democracy in a federal context affects expenditure decisions of sub … of direct democracy. This allows us to take into account vertical differences between institutions, i.e. we can … distinguish the effect of state direct democracy on local expenditures for municipalities with and without own direct democratic …

Persistent link: https://www.econbiz.de/10013098336

Free Trade Agreements and the Consolidation of Democracy

Liu, Xuepeng - 2013

We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy …

Persistent link: https://www.econbiz.de/10013086606

Commodity Price Volatility, Democracy and Economic Growth

Arezki, Rabah - 2013

We use a new dataset on non-resource GDP to examine the impact of commodity price volatility on economic growth in a panel of up to 158 countries during the period 1970-2007. Our main finding is that commodity price volatility leads to a significant increase in non-resource GDP growth in...

Persistent link: https://www.econbiz.de/10013092229