Showing 1 - 10 of 233
Why is modern society capable of cumulative innovation? In A Culture of Growth: The Origins of the Modern Economy, Joel Mokyr persuasively argues that sustained technological progress stemmed from a change in cultural beliefs. The change occurred gradually during the seventeenth and eighteenth...
Persistent link: https://www.econbiz.de/10012035061
How does exposure to Islamist terrorism change perceptions of the share of Muslims and immigrants? We conduct a large-scale survey that measures misperceptions towards minority groups in four European countries. Our results show that terror attacks in the past increased misperceptions of the...
Persistent link: https://www.econbiz.de/10014288568
This paper explores the interplay between past exposure to macroeconomic shocks and populist attitudes. We document that individuals who experienced a macroeconomic shock during their impressionable years (between 18 and 25 years of age), are currently more prone to voting for populist parties,...
Persistent link: https://www.econbiz.de/10012694152
Persistent link: https://www.econbiz.de/10011402698
aspect of the services of experts (e.g., of doctors, lawyers, and accountants), and the role that voluntary pro bono work … might play. Expert services have un- verifiable quality to non-experts and are subject to moral hazard. Experts who cheat … their customers should crowd out experts who do not, resulting in low trust, prestige, and wages. We ask how pro bono work …
Persistent link: https://www.econbiz.de/10010383298
Do experts adjust their policy recommendations when the facts change? We conduct a large-scale randomized experiment … among 1,224 economic experts across 109 countries that includes two treatments. The first treatment is the geographic and … randomly assigned information treatment that informs experts about the past macroeconomic performance of their country. We find …
Persistent link: https://www.econbiz.de/10012287982
We study how experts influence consumer behavior and welfare by focusing on the Booker Prize. Leveraging the …
Persistent link: https://www.econbiz.de/10015051678
We provide evidence for an expectation gap, where risk-averse as well as impatient households and experts provide …
Persistent link: https://www.econbiz.de/10015061147
Four types of economicsʺ relevant for institutional analysis are distinguished: Standard Neoclassical Economics; Socio-Economics or Social Economics; New Institutional Economics; and Psychological Economics (often misleadingly called Behavioural Economics). The paper argues that an extension of...
Persistent link: https://www.econbiz.de/10003872188
No good comparable data on sizes of cultural sectors of the countries of Europe exist. Still, local and national … governments of Europe spend substantial resources on culture and cultural sectors contribute significantly to employment and … goods and federalism are applied to the making of cultural policy in Europe. Different approaches to international cultural …
Persistent link: https://www.econbiz.de/10003114255