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Culture, diversity, and the welfare state

Gründler, Klaus; Köllner, Sebastian - 2018

We show that culture and diversity strongly influence welfare systems around the globe. To disentangle culture from institutions, we employ regional instruments as well as data on the prevalence of the pathogen Toxoplasma Gondii, linguistic differences, and the frequency of blood types. The...

Persistent link: https://www.econbiz.de/10011789109

The bright side of the GDPR : welfare-improving privacy management

Choe, Chongwoo; Matsushima, Noriaki; Shekhar, Shiva - 2023

We study the GDPR's opt-in requirement in a model with a firm that provides a digital service and consumers who are heterogeneous in their valuations of the firm's service as well as the privacy costs incurred when sharing personal data with the firm. We show that the GDPR boosts demand for the...

Persistent link: https://www.econbiz.de/10014334058

Human capital investment and globalization in extortionary states

Andersson, Fredrik; Konrad, Kai A. - 2002

This paper considers education investment and public education policy in closed and open economies with an extortionary government. The extortionary government in a closed economy chooses an education policy in order to overcome a hold-up problem of time-consistent taxation similar to benevolent...

Persistent link: https://www.econbiz.de/10011409743

Fair wages and human capital accumulation in a global economy

Kreickemeier, Udo - 2004

, the effects of a globalization shock modelled as the entry of newly industrializing countries into the trading world on …

Persistent link: https://www.econbiz.de/10011402411

The globalization paradox revisited

Schwerhoff, Gregor; Edenhofer, Ottmar - 2014

According to the Globalization Paradox, globalization limits the freedom of choice for national governments. Capital …. Fixed factor taxes have the potential to improve welfare by defusing the globalization trilemma through a reduction in the …

Persistent link: https://www.econbiz.de/10010375314

Globalization, time-preferences, and populist voting

Aronsson, Thomas; Hetschko, Clemens; Schöb, Ronnie - 2020

Societies see growing support for populist politicians who advocate an end to globalization. Our behavioral economics … model links impatience to voters’ appraisals of an income shock due to globalization that is associated with short-run costs … and delayed gains. The model shows that impatient individuals may reject further globalization if they are subject to …

Persistent link: https://www.econbiz.de/10012258291

Disentangling managerial incentives from a dynamic perspective : the role of stock grants

Hili, Amal; Laussel, Didier; Long, Ngo Van - 2016

We analyze the optimal contract between a risk-averse manager and the initial shareholders in a two-period model where the manager's investment effort, carried out in period 1, and her current effort, carried out in period 2, both impact the second-period profit, so that it may be difficult to...

Persistent link: https://www.econbiz.de/10011538964

Managerial job assignment and imperfect competition in asymmetric equilibrium

Grossmann, Volker - 2003

This paper develops a model with multiple market locations in which the quality of intangible assets of firms, provided by management, determines the firms. performance. Despite an ex ante symmetry of potential entrants, the equilibrium assignment of heterogeneous managerial skills to firms...

Persistent link: https://www.econbiz.de/10011507690

Non-competitive wage-setting as a cause of unfriendly and inefficient leadership

Dur, Robert A. J.; Kvaløy, Ola; Schöttner, Anja - 2019 - This draft: September 2019

This paper develops a simple economic model to examine how leadership styles in organizations depend on the prevailing wage-setting conditions for workers. In particular, we examine a leader who can - in addition to the use of monetary incentives - motivate a worker by adopting leadership styles...

Persistent link: https://www.econbiz.de/10012110227

Relative performance evaluation in a multi-plant firm

Luporini, Annalisa (contributor) - 2005

We analyze optimal compensation schedules for the directors of two plants belonging to the same owner and producing the same good but serving geographically differentiated markets. Since the outcome of each director depends on his own effort and on a random variable representing market...

Persistent link: https://www.econbiz.de/10002738411

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