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externalities are an indicator of declining morals. Here we examine the relation between trading volume, prices and moral behavior …
Persistent link: https://www.econbiz.de/10011518078
degree of moral behavior when subjects make decisions that can generate negative externalities on uninvolved parties …
Persistent link: https://www.econbiz.de/10010509999
The steady increase in inequality over the past decades has revived a lively debate about what can be considered a fair distribution of income. Public support for the extent of redistribution typically depends on the perceived causes of income inequality, such as differences in effort, luck, or...
Persistent link: https://www.econbiz.de/10011704184
This paper considers education investment and public education subsidies in closed and open economies with an … extortionary government. The extortionary government in a closed economy has incentives to subsidize education in order to overcome … their education policies if highly productive labor is fully mobile. Extortionary governments' incentives for education …
Persistent link: https://www.econbiz.de/10011339679
We present direct evidence on the link between children's patience and educational-track choices years later. Combining an incentivized patience measure of 493 primary-school children with their high-school track choices taken at least three years later at the end of middle school, we find that...
Persistent link: https://www.econbiz.de/10012519178