This paper studies the cyclicality of aggregate real wages in Japan. By using both static and dynamic approaches, I measure comovements between real wages and business cycle indicators. This paper finds that while real wages constructed using the consumer price index and the GDP deflator are...

This paper proposes a cumulative sum (CUSUM) based statistic to test if there is a common variance change-point in panel data models. Asymptotic distribution is derived under the null hypothesis and the consistency of the test is proven under the alternative hypothesis. Monte Carlo experiment is...

We establish new empirical facts, in line with the recent theoretical literature on infidelity. Infidelity displays seasonality and state dependence. In the US socioeconomic status is not a driver of infidelity and females and males are equally likely to be unfaithful.

This paper differentiates between three motives behind punishment in a social dilemma: minimizing inequalities, retaliation against unfair acts, and spitefulness. The experiment shows that cooperators and defectors differently respond to intentions and thereby substantiates Falk et al....

Using German employee data, we find that being raised by two religious parents and having no current religious affiliation is associated with higher earnings. This conforms to the hypothesis that people who are raised religiously and reject religion as adults are economically more successful as...

Is it possible to elicit reliable assessment from an assessor having a conflict of interest (e.g. a professor that writes a recommendation letter for a formal PhD student)? We propose an experimental test and show that compared to a not-incentivized assessment, a promise to give a truthful...

Welfare economics relies on consequentialism even though many philosophers have questioned this assumption. Survey evidence, based on a representative sample in Sweden, is presented here suggesting that most people’s ethical perceptions are consistent with consequentialism.

Does market participation promote generalized morality and trust, as postulated by some recent theories? We use experimental data from Zimbabwe and Mozambique to probe into one specific component of this question, and find evidence to the contrary. The short-term effect of market integration...

In the context of increasingly complex economies, with information more and more complicated to handle, social interaction may allow spontaneous co-operation and be more efficient than market or state regulations to overcome co-ordination and information problems. This article provides a...

We use matched survey and administrative data to study interviewer and interview related determinants of misreporting on welfare receipt in interviews. In our data, 12.2 % of German welfare recipients underreport benefit receipt. We find that underreporting is more likely in formal and...