’Nothing in business excites so much interest in the wider world as the pay of top executives.’ theEconomist wrote in a 2003 article titled ’Fat cats feeding - Executive pay’. Indeed, it seems thatthe dwindling heights to which CEO compensation has risen trigger stronger feelings than...

This paper investigates the relation between social capital and crime. The analysis contributes to explaining why crime is so heterogeneous across space. By employing current and historical data for Dutch municipalities and by providing novel indicators to measure social capital, we find a link...

While there is an extensive literature on tax evasion a further aspect of cheating on the state, namely benefit fraud, has gained relatively modest attention in the economic literature. This paper seeks to fill this gap. We explore differences between benefit fraud and tax evasion due to...

Each of several exchange partners is the monopoly owner of a specific commoditywhich she can share with others. It is optimal to keep the own endowment, but allwould gain by mutual gift exchange. Participants play the game repeatedly in constantgroups (partner design) and can establish stable...

We adopt an evolutionary approach to investigate whether and when condi-tional cooperation can explain the voluntary contribution phenomenon oftenobserved in public goods experiments and in real life. Formally, conditionalcooperation is captured by a regret parameter describing how much an...

В данной работе отображены основные принципы и механизмы функционирования аграрной политики Европейского Союза. Предложенный вниманию широкого круга...

Земельная реформа началась в Украине 14 лет назад и является одним из наиболее важ- ных факторов влияющих на процесс трансформации бывших государственных...

Land reform started in Ukraine 14 years ago became one of the most important issues in transformation of large state agricultural enterprises into market oriented agricultural enterprises. Significant changes in land use and land ownership has happened as a result of land reform implementation...

Informality has long been a salient phenomenon in developing country labor markets, thus has been addressed in several theoretical and empirical research. Turkey, given its economic and demographic dynamics, provides rich evidence for a growing, heterogeneous and multifaceted informal labor...

This paper investigates how informality can be defined and measured in the Turkish labor market. Two alternative definitions of informality are used to explore their relevance and implications for the Turkish labor market using descriptive statistics. They are the enterprise definition and the...