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Caporale, Guglielmo Maria; Kang, Woo-Young; Spagnolo, Fabio - 2020

This paper provides some comprehensive evidence on the effects of cyber-attacks on the returns, realized volatility and trading volume of five of the main cryptocurrencies (Bitcoin, Ethereum, Litecoin, XRP and Stellar) in 99 developed and developing countries. More specifically, it investigates...

Persistent link: https://www.econbiz.de/10012171767

Fiscal competition over taxes and public inputs : theory and evidence

Hauptmeier, Sebastian; Mittermaier, Ferdinand; Rincke, … - 2009

We set up a model to characterize the reaction functions of governments competing for mobile capital by simultaneously setting both the business tax rate as well as the level of provision of a productive public input. Using a rich data set of local jurisdictions, we then test the predictions of...

Persistent link: https://www.econbiz.de/10003803572

How much do educational outcomes matter in OECD countries?

Hanushek, Eric Alan; Woessmann, Ludger - 2010

Existing growth research provides little explanation for the very large differences in long-run growth performance across OECD countries. We show that cognitive skills can account for growth differences within the OECD, whereas a range of economic institutions and quantitative measures of...

Persistent link: https://www.econbiz.de/10008732340

The economics of international differences in educational achievement

Hanushek, Eric Alan; Woessmann, Ludger - 2010

An emerging economic literature over the past decade has made use of international tests of educational achievement to analyze the determinants and impacts of cognitive skills. The cross-country comparative approach provides a number of unique advantages over national studies: It can exploit...

Persistent link: https://www.econbiz.de/10003966504

Pleasures of skill and moral conduct

Falk, Armin; Szech, Nora - 2016

This paper provides controlled experimental evidence that striving for pleasures of skill can have negative moral consequences and causally reduce moral values. Subjects perform an IQ-test. They know that each correctly solved question increases the likelihood of moral transgression. In terms of...

Persistent link: https://www.econbiz.de/10011420699

Human capital and national institutional quality : are TIMSS, PISA, and national average IQ robust predictors?

Jones, Garett; Potrafke, Niklas - 2014

Is human capital a robust predictor of good institutions? Using a new institutional quality measure, the International Property Rights Index (IPRI), we find that cognitive skill measures are significant, robust, and large in magnitude. We use two databases of cognitive skills: estimates of...

Persistent link: https://www.econbiz.de/10010354080

Intelligence, personality and gains from cooperation in repeated interactions

Proto, Eugenio; Rustichini, Aldo; Sofianos, Andis - 2016

Intelligence and personality significantly affect social outcomes of individuals. We study how and why these traits … levels of certain traits, such as higher or lower levels of intelligence, Conscientiousness and Agreeableness. We find that … intelligence has a large and positive long-run effect on cooperative behavior when there is a conflict between short-run gains and …

Persistent link: https://www.econbiz.de/10011547729

Causal effects of paternity leave on children and parents

Cools, Sara; Fiva, Jon H.; Kirkebøen, Lars J. - 2011

In this paper we use a parental leave reform directed towards fathers to identify the causal effects of paternity leave on children's and parents' outcomes. We document that paternity leave causes fathers to become more important for children's cognitive skills. School performance at age 16...

Persistent link: https://www.econbiz.de/10009230850

Emotion research in economics

Wälde, Klaus - 2016

Emotions were central to the development of economics, especially in utility theory in classical economics. While neoclassical utility theory basically abolished emotions, behavioural economics more recently reintroduced emotions in utility theory. Beyond utility theory, economic theorists use...

Persistent link: https://www.econbiz.de/10011499845

Intelligence disclosure and cooperation in repeated interactions

Lambrecht, Marco; Proto, Eugenio; Rustichini, Aldo; … - 2021

We investigate in a laboratory setting whether revealing information on intelligence affects behavior in games with … hampers cooperation, as higher intelligence players are less cooperative once they are made aware that they play against … disrupts coordination on outcomes with positive payoffs, as higher intelligence players try to force their most preferred …

Persistent link: https://www.econbiz.de/10012652718