Similar Search Results

Payment innovations, the shadow economy and cash demand of households in euro area countries

Reimers, Hans-Eggert; Schneider, Friedrich; Seitz, Franz - 2020

We analyze for the first time cash holdings of private households in all euro area countries from 2002 to 2019 within a … panel cointegration framework. Besides the traditional determinants of cash demand like transactions balances and … opportunity costs, we concentrate on cashless payments media as substitutes to cash payments and the role of the shadow economy …

Persistent link: https://www.econbiz.de/10012291866

The pandemic cash and retail payment behaviour : insights from the future of payments databas

Auer, Raphael A.; Cornelli, Giulio; Frost, Jon - 2023

? What do they imply for the future of cash and digital payments? We assemble a new "Future of Payments" database on retail … countries. We find that card-not-present payments, payment app downloads and the volume of cash in circulation all rose in weeks …

Persistent link: https://www.econbiz.de/10013536195

Voter support for privatizing education : evidence on self-interest and ideology

Merzyn, Wolfram; Ursprung, Heinrich W. - 2003

Economic theory advances various arguments in favor of and against privatizing education. In this paper we investigate the extent to which these arguments influence voters opinions. We analyze two popular referenda in which some 400,000 voters in two Swiss cantons expressed their opinions on the...

Persistent link: https://www.econbiz.de/10011508114

Independent schools and long-run educational outcomes : evidence from Sweden's large scale voucher reform

Böhlmark, Anders; Lindahl, Mikael - 2012

This paper evaluates average educational performance effects of an expanding independent school sector at the compulsory level by assessing a radical voucher reform that was implemented in Sweden in 1992. Starting from a situation where all public schools were essentially local monopolists, the...

Persistent link: https://www.econbiz.de/10009571268

Effects of adult education vouchers on the labor market : evidence from a randomized field experiment

Schwerdt, Guido; Messer, Dolores; Woessmann, Ludger; … - 2011

Lifelong learning is often promoted in ageing societies, but little is known about its returns or governments' ability to advance it. This paper evaluates the effects of a large-scale randomized field experiment issuing vouchers for adult education in Switzerland. We find no significant average...

Persistent link: https://www.econbiz.de/10009009619

Who is afraid of school choice?

Diem, Andrea; Wolter, Stefan C. - 2011

This study uses survey data to investigate attitudes among Swiss voters to different models offering more freedom of choice in the educational system. The findings indicate clear opposition to the use of taxpayer money to fund private schools, while free choice between public schools seems to...

Persistent link: https://www.econbiz.de/10009011170

Money matters : evidence from a large-scale Randomized field experiment with vouchers for adult training

Messer, Dolores; Wolter, Stefan C. - 2009

This paper presents the results of a randomized experiment analyzing the use of vouchers for adult training. In 2006, 2,400 people were issued with a training voucher which they were entitled to use in payment for a training course of their choice. User behavior was compared with a control group...

Persistent link: https://www.econbiz.de/10003808133

A gift is not always a gift : gift exchange in a voucher experiment

Becker, Sascha O.; Messer, Dolores; Wolter, Stefan C. - 2011

Different from traditional gift exchange experiments, we study a field experiment where a random subsample of participants in the Swiss Labor Force Survey was sent vouchers to be used in adult training courses. Importantly for our purposes, actual voucher redemption can be traced. This gives the...

Persistent link: https://www.econbiz.de/10009153892

The impact of attending an independent upper secondary school : evidence from Sweden using school ranking data

Edmark, Karin; Persson, Lovisa - 2020

This paper provides a comprehensive study on how attending a Swedish independent upper secondary school, instead of a public school, affects students’ academic and short-term post-secondary outcomes. We apply two estimation methods to data on upper secondary applicants: 1) A value-added model...

Persistent link: https://www.econbiz.de/10012310600

Highway to economic growth? : competition in public works tenders in the Democratic Republic of Congo

Galletta, Sergio; Jametti, Mario; Redonda, Agustin - 2012

The Democratic Republic of Congo (DRC) is one of the poorest countries in the World. The construction sector will play an essential part to bring the country on the path of economic growth, and competition within the sector is crucial to achieve this goal. In this paper we analyze the effect of...

Persistent link: https://www.econbiz.de/10009689522