Showing 1 - 10 of 1,897
Unemployment is notoriously difficult to predict. In previous studies, once country and year fixed effects are added to panel estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries collected by the European Commission over 444 months between...
Persistent link: https://www.econbiz.de/10013540387
the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial … sector. Finally, analysis of several repeated cross-sections of confidence within U.S. states yields similar qualitative … patterns, but much smaller magnitudes in response to state-specific shocks. -- trust ; institutions ; confidence ; survey data …
Persistent link: https://www.econbiz.de/10009233928
Nowcasting has been a challenge in the recent economic crisis. We introduce the Toll Index, a new monthly indicator for business cycle forecasting and demonstrate its relevance using German data. The index measures the monthly transportation activity performed by heavy transport vehicles across...
Persistent link: https://www.econbiz.de/10009232581
trusting attitude than West Germans. This suggests a negative effect of communism in East Germany versus democracy in West … Germany on social and institutional trust. However, the experience of democracy by East Germans since reunification did not …
Persistent link: https://www.econbiz.de/10003328070
We investigate whether two crucial determinants of economic decision making willingness to take risks and willingness to trust other people are transmitted from parents to children. Our evidence is based on survey questions that ask about these attitudes directly, and are good measures in the...
Persistent link: https://www.econbiz.de/10003481849
Experimental evidence reveals that there is a strong willingness to trust and to act in both positively and negatively reciprocal ways. So far it is rarely analyzed whether these variables of social cognition influence everyday decision making behavior. We focus on entrepreneurs who are...
Persistent link: https://www.econbiz.de/10009312883
social capital as measured by interpersonal and institutional trust in post-reunification Germany. We estimate the economic …
Persistent link: https://www.econbiz.de/10011308454
We study empirically whether there is scope for parents to shape the economic preferences and attitudes of their children through purposeful investments. We exploit information on the risk and trust attitudes of parents and their children, as well as rich information about parental efforts in...
Persistent link: https://www.econbiz.de/10009765617
We explore the relationship between employee trust of managers and workplace performance. We present a theoretical framework which serves to establish a link between employee trust and firm performance as well as to identify possible mechanisms through which the relationship may operate. We then...
Persistent link: https://www.econbiz.de/10010379264
This paper reports the results from a controlled field experiment designed to investigate the causal effect of unannounced, public recognition on employee performance. We hired more than 300 employees to work on a three-hour data-entry task. In a random sample of work groups, workers...
Persistent link: https://www.econbiz.de/10010380879