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design and implementation characteristics such as the use of financial incentives, deception, and the way information is … does not make sense to report experimental results without reporting the design and implementation choices that were made …
Persistent link: https://www.econbiz.de/10013149365
? Suppose a manager’s evaluation is private information. Justifying her evaluation is costly but limits the principal’s scope … for distorting her evaluation of the employee. I show that the manager justifies her evaluation if and only if the … employee’s performance was poor. The justification assures the employee that the manager has not distorted the evaluation …
Persistent link: https://www.econbiz.de/10013315592
The paper analyses theoretically what role fiscal councils could play and surveys empirically the activities of existing councils. Case studies of the Swedish Fiscal Policy Council and the UK Office for Budget Responsibility are done. It is concluded that fiscal councils should be advisory,...
Persistent link: https://www.econbiz.de/10013128042
This paper presents the case for tax progressivity based on recent results in optimal tax theory. We consider the optimal progressivity of earnings taxation and whether capital income should be taxed. We critically discuss the academic research on these topics and when and how the results can be...
Persistent link: https://www.econbiz.de/10013121199
Economists, and also economic research institutes, differ in their attitudes towards desirability of economic policies. The policy positions taken can often be determined by ideology. We examine economic policy positions by investigating minority votes in the Joint Economic Forecast of German...
Persistent link: https://www.econbiz.de/10013020572
Experimental and behavioral economics are well established branches in the economic science. This essay presents and discusses some results and behavioral regularities from these fields which are of potential importance for public policy. After a brief introduction of what experimental and...
Persistent link: https://www.econbiz.de/10013149003
We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...
Persistent link: https://www.econbiz.de/10013316522
We first show three major disagreements among today's leading economists: the minimum wage, the effects of large government debt and the politics of the European Central Bank. Using a prominent and highly relevant example, the possible deterrent effect of death penalty, we demonstrate how...
Persistent link: https://www.econbiz.de/10013030313
the government explains its policies in addition to evaluation of fiscal policy. The reason why it can work is that the …
Persistent link: https://www.econbiz.de/10013111364
the German Empire in 1884 as a natural experiment, we estimate flexible difference-in-differences models exploiting …
Persistent link: https://www.econbiz.de/10012932916