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Trust the Police? Self-Selection of Motivated Agents into the German Police Force
Friebel, Guido - 2017
We conduct experimental games with police applicants in Germany to investigate whether intrinsically motivated agents … intrinsic motivation in the police context. We find that police applicants are more trustworthy than non-applicants, i.e., they … police force, documenting an important mechanism by which the match between jobs and agents in public service can be improved …
Persistent link: https://www.econbiz.de/10012964606
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Punitive Police? Agency Costs, Law Enforcement, and Criminal Procedure
Dharmapala, Dhammika - 2015
Criminal law enforcement depends on the actions of public agents such as police officers, but the resulting agency … develop an agency model of police behavior that emphasizes intrinsic motivation and self-selection. Drawing on experimental … hire punitive police agents, while providing suspects with strong criminal procedure protections, thereby empowering other …
Persistent link: https://www.econbiz.de/10013023194
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The Cost of Binge Drinking
Francesconi, Marco; James, Jonathan - 2021
of police officers on duty using a variety of unique data from Britain and a two-sample minimum distance estimation …
Persistent link: https://www.econbiz.de/10013315555
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Police and Crime : Further Evidence from a Quasi-Natural Experiment
Cardoso, Vicente - 2018
The paper investigates the effect of police presence on homicides at the municipality level in Brazil during the … January 2010 to December 2014 period. For this purpose, occasional and illegal police strikes are considered as relevant … municipalities, it is possible to identify a sizeable effect accruing from police strikes on the occurrence of homicides. Despite a …
Persistent link: https://www.econbiz.de/10012915085
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What Should Fiscal Councils Do?
Calmfors, Lars - 2011
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
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The Diversity of Debt Crises in Europe
Stein, Jerome L. - 2011
The foreign debts of the European countries are at the core of the current crises. Generally, the crises are attributed to government budget deficits in excess of the values stated in the Stability and Growth Pact (SGP)/Maastricht treaty. Proposals for reform generally involve increasing the...
Persistent link: https://www.econbiz.de/10013130015
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The Positive Border Effect of EU Integration
Brakman, Steven - 2011
Distance related variables typically vary in a cross-section dimension but less so in a time dimension across cities, regions, or countries. The enlargement of the EU or the introduction of the euro, however, can be looked upon as integration shocks that are informative of the consequences of...
Persistent link: https://www.econbiz.de/10013130414
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The Impact of Fiscal Rules on Public Finances : Theory and Empirical Evidence for the Euro Area
Marneffe, Wim - 2011
This paper presents a review of the most significant fiscal rules policymakers can choose from. The insights from this review are then applied to the current budgetary situation of the European Union. In the European Union, the supranational Stability and Growth Pact (SGP) should provide the...
Persistent link: https://www.econbiz.de/10013131350
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Channel Systems : Why is There a Positive Spread?
Berentsen, Aleksander - 2010
An increasing number of central banks implement monetary policy via two standing facilities: a lending facility and a deposit facility. In this paper we show that it is socially optimal to implement a non-zero interest rate spread. We prove this result in a dynamic general equilibrium model...
Persistent link: https://www.econbiz.de/10013135781
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Short and Long-Run Behaviour of Long-Term Sovereign Bond Yields
Afonso, António - 2010
This study assesses the short and long-run behaviour of long-term sovereign bond yields in OECD countries, for the period 1973-2008. We employ a dynamic panel approach to reflect financial and economic integration, and to increase the performance and accuracy of the tests. Given the existence of...
Persistent link: https://www.econbiz.de/10013135912