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Reactivity in economic science
Frey, Bruno S. - 2017
matter of course that economics should become a natural science. Such a characterization misses an essential aspect of a …
Persistent link: https://www.econbiz.de/10011700543
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Awards in economics : towards a new field of inquiry
Frey, Bruno S.; Neckermann, Susanne - 2009
. First steps towards integrating awards into economic theory are undertaken. -- Awards ; non-monetary incentives ; economics …Awards play a large role in the economics profession, which is documented by the large variety and number of awards …. However, little scientific attention has been devoted to them. This paper documents the prevalence of awards in the economics …
Persistent link: https://www.econbiz.de/10003806044
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What can economists learn from happiness research?
Frey, Bruno S.; Stutzer, Alois - 2001
happiness research is able to contribute important insights for economics. We report how the economic variables income … some of the consequences for economic policy and for economic theory. …
Persistent link: https://www.econbiz.de/10011398921
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Optimal asset allocation with factor models for large portfolios
Pesaran, M. Hashem (contributor);  … - 2008
This paper characterizes the asymptotic behaviour, as the number of assets gets arbitrarily large, of the portfolio weights for the class of tangency portfolios belonging to the Markowitz paradigm. It is assumed that the joint distribution of asset returns is characterized by a general factor...
Persistent link: https://www.econbiz.de/10003720566
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Panel unit root tests in the presence of a multifactor error structure
Pesaran, M. Hashem (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003630712
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Financial returns to collecting rare political economy books
Ursprung, Heinrich W. - 2021
Rare books of political economy are eminently collectable. Using historical prices, I employ hedonic regressions to estimate financial returns to collecting the works of ten eminent political economists and develop a price index for this corpus of collectables. For the observation period...
Persistent link: https://www.econbiz.de/10012437910
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A different look at Lenin's legacy : trust, risk, fairness and cooperativeness in the two Germanies
Heineck, Guido; Süssmuth, Bernd - 2010
What are the long-term effects of Communism on economically relevant notions such as social trust? To answer this question, we use the reunification of Germany as a natural experiment and study the post-reunification trajectory of convergence with regard to individuals' trust and risk, as well...
Persistent link: https://www.econbiz.de/10008697515
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Was Weber wrong? : a human capital theory of protestant economic history
Becker, Sascha O. (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003497633
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The effect of protestantism on education before the industrialization : evidence from 1816 Prussia
Becker, Sascha O.; Woessmann, Ludger - 2010
schools and higher school enrolment already before the industrialization. This evidence supports the human capital theory of …
Persistent link: https://www.econbiz.de/10003925192
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Commercial culture, political culture and the political economy of trade policy : the case of Japan
Katayama, Seiichi; Ursprung, Heinrich W. - 2000
In this paper we present a model of endogenous trade-policy formation which captures crucial aspects of the Japanese commercial and political culture. We analyze the influence of the portrayed cultural traits and show that cultural idiosyncrasies are important determinants of trade policy...
Persistent link: https://www.econbiz.de/10009781589