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Persistent link: https://www.econbiz.de/10003964360
This paper analyzes the time-varying credibility of the Fed's inflation target in an empirical macro model with … across monetary policy regimes. I find that imperfect credibility is pronounced during the Volcker Disinflation and to a …
Persistent link: https://www.econbiz.de/10013472154
We examine public trust in the European Central Bank (ECB) and its determinants using data from the Bundesbank Household Panel survey for Germany. Employing an interdisciplinary approach that integrates insights from political science and psychology, we offer a fresh perspective on the factors...
Persistent link: https://www.econbiz.de/10014632327
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Dieser Beitrag gibt einen Überblick der neueren wissenschaftlichen Literatur zur Evaluation der Aktiven Arbeitsmarktpolitik (AAMP) in Deutschland. Das Grundproblem mikroökonomischer Evaluation besteht darin, den Vergleichsmaßstab bei Nichtteilnahme zu schätzen, sei es auf Basis einer...
Persistent link: https://www.econbiz.de/10013428310
This paper discusses theoretically the different incentives of managers versus firm owners to invest in innovative activities. There are opposing effects concerning R&D intensity in the manager-controlled firm. Our study on the determinants of R&D intensity presents empirical results concerning...
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Does the timing of labour earnings taxation encroaches upon capital income taxation and individual risk-taking investment decisions, i.e. portfolio selection? This paper presents the results of a laboratory experiment that is, contrary to previous approaches, not restricted to the analysis of...
Persistent link: https://www.econbiz.de/10009712509
Confidence in one's own abilities is often seen as an important determinant of being successful. Empirical evidence about how such beliefs about one's own abilities causally influence choices is, however, sparse. In this paper, we use a stylized laboratory experiment to investigate the causal...
Persistent link: https://www.econbiz.de/10012238957