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Differences in euro-area household finances and their relevance for monetary-policy transmission
Hintermaier, Thomas; Koeniger, Winfried - 2019
This paper quantifies the extent of heterogeneity in consumption responses to changes in real interest rates and house prices in the four largest economies in the euro area: France, Germany, Italy, and Spain. We first calibrate a life-cycle incomplete-markets model with a financial asset and...
Persistent link: https://www.econbiz.de/10012133482
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Trust in public institutions over the business cycle
Stevenson, Betsey; Wolfers, Justin - 2011
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
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The empire is dead, long live the empire! : long-run persistence of trust and corruption in the bureaucracy
Becker, Sascha O.; Boeckh, Katrin; Hainz, Christa; … - 2011
Do empires affect attitudes towards the state long after their demise? We hypothesize that the Habsburg Empire with its localized and well-respected administration increased citizens' trust in local public services. In several Eastern European countries, communities on both sides of the...
Persistent link: https://www.econbiz.de/10009235210
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What shapes attitudes toward paying taxes? : Evidence from multicultural European countries
Torgler, Benno (contributor);  … - 2006
Considerable evidence suggests that enforcement efforts cannot fully explain the high degree of tax compliance. To resolve this puzzle of tax compliance several researchers have argued that citizens’ attitudes toward paying taxes defined as tax morale helps to explain the high degree of tax...
Persistent link: https://www.econbiz.de/10003388242
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Does institutional diversity account for pay rules in Germany and Belgium?
Kampelmann, Stephan; Rycx, François - 2011
This paper examines the relationship between institutions and the remuneration of different jobs by comparing the German and Belgian labour markets with respect to a typology of institutions (social representations, norms, conventions, legislation, and organisations). The observed institutional...
Persistent link: https://www.econbiz.de/10009425687
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Roots of autocracy
Galor, Oded; Klemp, Marc P. B. - 2017
Exploiting a novel geo-referenced data set of population diversity across ethnic groups, this research advances the hypothesis and empirically establishes that variation in population diversity across human societies, as determined in the course of the exodus of humans from Africa tens of...
Persistent link: https://www.econbiz.de/10011670896
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Do labour market institutions matter? : Micro-level wage effects of international outsourcing in three European countries
Geishecker, Ingo (contributor); Görg, Holger (contributor);  … - 2007
This paper studies the impact of outsourcing on individual wages in three European countries with markedly different labour market institutions: Germany, the UK and Denmark. To do so we use individual level data sets for the three countries and construct comparable measures of outsourcing at the...
Persistent link: https://www.econbiz.de/10003646689
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A different look at Lenin's legacy : trust, risk, fairness and cooperativeness in the two Germanies
Heineck, Guido; Süssmuth, Bernd - 2010
. In comparison to West Germans, they are also less inclined to see others as fair or helpful. Implied trajectories can be …
Persistent link: https://www.econbiz.de/10009012393
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Efficient and inefficient welfare states
Algan, Yann; Cahuc, Pierre; Sangnier, Marc - 2011
This paper shows that cross country differences in the generosity and the quality of the welfare state are associated with differences in the trustworthiness of their citizens. We show that generous, transparent and efficient welfare states in Scandinavian countries are based on the civicness of...
Persistent link: https://www.econbiz.de/10009125029
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Multidimensional affluence in income and wealth in the Eurozone : a cross-country comparison using the HFCS
Kontbay-Busun, Sine; Peichl, Andreas - 2015
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …
Persistent link: https://www.econbiz.de/10011288530