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You owe me
Malmendier, Ulrike; Schmidt, Klaus M. - 2017
In business and politics, gifts are often aimed at influencing the recipient at the expense of third parties. In an experimental study, which removes informational and incentive confounds, subjects strongly respond to small gifts even though they understand the gift giver’s intention. Our...
Persistent link: https://www.econbiz.de/10011590892
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Anti-corruption campaign in China : an empirical investigation
Yang, Li; Milanović, Branko; Lin, Yaoqi - 2023
database of officials who have been found guilty of corruption in China in the period 2012-21 with their personal … characteristics and the amount of embezzled funds. We use it to investigate the correlates of corruption, estimate the effects of … corruption on inequality, and find the expected increase in officials’ income due to corruption and the gain in income …
Persistent link: https://www.econbiz.de/10014440105
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Delegation and recruitment in organizations : the slippery slope to "bad" leadership
Çakır, Selcen; Matakos, Konstantinos; Tukiainen, Janne - 2022
We construct a dynamic model of two-sided sorting in labor markets with multi-dimensional agent and firm heterogeneity. We apply it to study optimal party structure and the decision of how (de)centralized candidate recruitment should be. Parties are non-unitary actors and compete at the local...
Persistent link: https://www.econbiz.de/10014229853
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Reforming an institutional culture of corruption : a model of motivated agents and collective reputation
Valasek, Justin - 2015
Recent empirical studies suggest that poor public sector performance in developing nations is due in part to the difficultly of selecting workers whose motivation is aligned with the mission of the institution -- in direct contrast to evidence from developed nations, public sector workers tend...
Persistent link: https://www.econbiz.de/10011281179
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Political connections and firm pollution behaviour : an empirical study
Deng, Yuping; Wu, Yanrui; Xu, Helian - 2019
Persistent link: https://www.econbiz.de/10012208548
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What are the priorities of bureaucrats? : evidence from conjoint experiments with procurement officials
Tukiainen, Janne; Blesse, Sebastian; Bohne, Albrecht; … - 2021 - This version: March 25, 2021
A well-functioning bureaucracy is a precondition for efficient public goods provision. However, bureaucratic decision …
Persistent link: https://www.econbiz.de/10012492856
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Delegation and recruitment in organizations: The slippery slope to "bad" leadership
Çakır, Selcen; Matakos, Konstantinos; Tukiainen, Janne - 2022
We construct a dynamic model of two-sided sorting in labor markets with multi-dimensional agent and firm heterogeneity. We apply it to study optimal party structure and the decision of how (de)centralized candidate recruitment should be. Parties are non-unitary actors and compete at the local...
Persistent link: https://www.econbiz.de/10014551584
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Balance sheet strength and bank lending during the global financial crisis
Kapan, Tümer; Minoiu, Camelia - 2013
We examine the role of bank balance sheet strength in the transmission of financial sector shocks to the real economy. Using data from the syndicated loan market, we exploit variation in banks’ reliance on wholesale funding and their structural liquidity positions in 2007Q2 to estimate the...
Persistent link: https://www.econbiz.de/10010128760
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COVID-19 and the fragmentation of the European interbank market
Pala, Melissa - 2024
This paper provides evidence of a highly fragmented European interbank market that is tightened during the COVID-19 pandemic, when the interbank market was under stress. Using a unique dataset of unsecured, overnight interbank loans at the transactional level allows me to apply advanced panel...
Persistent link: https://www.econbiz.de/10014481123
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Antiquity and capitalism : the finance-growth perspective
Dombi, Akos; Grigoriadis, Theocharis; Zhu, Junbing - 2020
This paper explores the impact of antiquity on capitalism through the finance-growth nexus. We define antiquity as the length of established statehood (i.e., state history) and agricultural years. We argue that extractive institutions and deeply entrenched interest groups may prevail in...
Persistent link: https://www.econbiz.de/10012214952