Showing 1 - 10 of 98
This paper investigates a relationship between economic governance and the dual objectives of Microfinance Institutions (MFIs): poverty reduction and financial viability. Using an unbalanced panel of 531 MFIs the important role of other institutions such as country-level business registry...
Persistent link: https://www.econbiz.de/10009007018
Do employees work harder if their job has the right mission? In a laboratory labor market experiment, we test whether subjects provide higher effort if they can choose the mission of their job. We observe that subjects do not provide higher effort than in a control treatment. Surprised by this...
Persistent link: https://www.econbiz.de/10009534884
Economic theory predicts that agents will work harder if they believe in the "mission" of the organization. Well-identified estimates of exactly how much harder they will work have been elusive, however, because agents select into jobs. We conduct a real effort experiment with participants who...
Persistent link: https://www.econbiz.de/10010125806
Understanding the exact connection between inequality and justice is important because justice is classically regarded … justice, the sense of justice would not awaken to exert its moral suasion, no matter how great the inequality or how fast its … increase. We obtain exact links between economic inequality and three parameters of the justice evaluation distribution …
Persistent link: https://www.econbiz.de/10011521090
Persistent link: https://www.econbiz.de/10002115447
In this paper, we introduce two sources of unemployment in a two-factor general equilibrium model: search frictions and fairness considerations. We find that a binding fair-wage constraint increases the unskilled unemployment rate and can at the same time lead to a higher unemployment rate for...
Persistent link: https://www.econbiz.de/10003831919
In this paper, we argue that important labor market phenomena can be better understood if one takes (i) the inherent incompleteness and relational nature of most employment contracts and (ii) the existence of reference-dependent fairness concerns among a substantial share of the population into...
Persistent link: https://www.econbiz.de/10003793473
Though in decline recently, military conscription is still a widely used mode of staffing armies. Since not many valid economic, social or military arguments in favor of the draft can be put forward, the question emerges why societies choose to rely on it. In this survey we explain the political...
Persistent link: https://www.econbiz.de/10003899795
examines a series of twenty-one unification surprises in the study of justice and beyond, sixteen in the study of justice and … five in the unification of three fundamental sociobehavioral forces -- justice, status, and power -- and the subsequent …
Persistent link: https://www.econbiz.de/10003460687
thought and that it requires advanced notions of justice and wellbeing. The most likely ethical basis for HE appears to …
Persistent link: https://www.econbiz.de/10003467009