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Criminal law enforcement depends on the actions of public agents such as police officers, but the resulting agency problems have been neglected in the law and economics literature (especially outside the specific context of corruption). We develop an agency model of police behavior that...
Persistent link: https://www.econbiz.de/10010509622
The UNESCO World Heritage List contains the 900 most treasured sites of humanity's culture and landscapes. The World Heritage List is beneficial where heritage sites are undetected, disregarded by national decision-makers, not commercially exploitable, and where national financial resources,...
Persistent link: https://www.econbiz.de/10003974639
An empirical overview of the UNESCO World Heritage List according to various characteristics is presented. The officially stated intention of the World Heritage List is to protect global heritage. Our focus is on the imbalance of the existing List according to countries and continents. The...
Persistent link: https://www.econbiz.de/10003928836
country. This paper employs panel data to examine the causal impact of such bilateral trust on international trade and … little evidence that bilateral trust affects international movements of goods and labor. More generally, we highlight the … statistical tests confirm their validity. -- bilateral trust ; international migration ; international trade ; instrumental …
Persistent link: https://www.econbiz.de/10009743839
sample of firms from developed and emerging countries. -- finance ; international asset pricing ; firm's cost of capital …
Persistent link: https://www.econbiz.de/10009700297
What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low-skilled and high-skilled workers constant in the case of heterogeneous domestic labor markets, i.e. imperfect competition in low-skilled labor and perfect competition in high-skilled...
Persistent link: https://www.econbiz.de/10008732336
The research on the location choice for Foreign Direct Investment (FDI) is traditionally restricted to a choice between countries. The within-country location choice is less prominent in the literature. If within-country location decisions are considered it is mostly limited to Greenfield...
Persistent link: https://www.econbiz.de/10010515424
This paper explores how pension reforms in countries with PAYG schemes affect countries with funded systems. We use a two-country two-period overlapping-generations model, where the countries only differ in their pension systems. We distinguish between the case where a reform potentially leads...
Persistent link: https://www.econbiz.de/10003121047
Persistent link: https://www.econbiz.de/10003363952
Persistent link: https://www.econbiz.de/10003635266