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The rise of capitalism and the roots of Anti-American terrorism
Krieger, Tim; Meierieks, Daniel - 2014
, consistent with economic norms theory, higher levels of market-capitalism are associated with less anti-American terrorism …This contribution examines the role of capitalism in anti-American terrorism. Using data for 149 countries between 1970 … and 2007, this contribution, contrary to expectations from capitalist peace theory, does not find that Anti …
Persistent link: https://www.econbiz.de/10010375158
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Where to look for the morals in markets?
Sutter, Matthias; Huber, Jürgen; Kirchler, Michael; … - 2016
Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact, competitive pressure on markets may create strong...
Persistent link: https://www.econbiz.de/10011515418
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Philosophers and economists can agree on the intergenerational discount rate and climate policy paths
Nesje, Frikk; Drupp, Moritz A.; Freeman, Mark C.; … - 2022
The estimated values to society from long-term public projects, including climate change mitigation and infrastructure construction, are highly sensitive to the social discount rate (SDR) employed. Governmental guidance on social discounting has predominantly been based on input from expert...
Persistent link: https://www.econbiz.de/10013365181
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The "Taxing Wages" approach to measuring the tax burden on labour
Heady, Christopher - 2003
measures of the effective tax rate on labour and uses recent results to illustrate its use. It argues that the strength of this …
Persistent link: https://www.econbiz.de/10011507992
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Population aging and the direction of technical change
Irmen, Andreas - 2009
An analytical framework is developed to study the repercussions between endogenous capital- and labor-saving technical change and population aging. Following an intuition often attributed to Hicks (1932), I ask whether and how population aging affects the relative scarcity of factors of...
Persistent link: https://www.econbiz.de/10003923496
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Subsidizing extra jobs : promoting employment by taming the unions
Knabe, Andreas (contributor); Schöb, Ronnie (contributor) - 2007
Persistent link: https://www.econbiz.de/10003620170
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The role of government and trust in the market economy
König, Nadja; Schuknecht, Ludger - 2018
This paper studies the role of governments and its link to trust. We argue that the public's trust strongly depends on governments delivering on their core tasks in a market economy. In some economies, a neglect of core tasks can be observed and there seems to be some erosion, notably in terms...
Persistent link: https://www.econbiz.de/10011825240
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On the elasticity of substitution between labor and ICT and IP capital and traditional capital
Jerbashian, Vahagn - 2022
I estimate CES aggregate production functions for the US, the UK, Japan, Germany, and Spain using data from the EU KLEMS database. I distinguish between three types of capital: information and communication technologies (ICT), intellectual property (IP) capital, and traditional capital. I assume...
Persistent link: https://www.econbiz.de/10013390934
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Of morals, markets and mice : a comment on Falk and Szech
Breyer, Friedrich; Weimann, Joachim - 2014
A recent experimental study by Falk and Szech (Science, 2013) concludes that "markets erode moral values". If this were true, economists, who have emphasized the efficiency enhancing effects of markets for centuries, would have to reconsider their judgments fundamentally. This would be no less...
Persistent link: https://www.econbiz.de/10010342529
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How to measure the tax burden on labour at the macro-level?
Sturm, Jan-Egbert; Volkerink, Bjørn - 2003
The purpose of this paper is threefold. First, we survey the way in which the tax burden on labour has been proxied for … extent the conclusions of some studies change if some alternative indicator for the tax burden on labour is employed. We … indicator for the tax burden on labour is also shown to affect the conclusions of some well-known empirical models. …
Persistent link: https://www.econbiz.de/10011507980