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Are optimistic expectations keeping the Chinese happy?

Frijters, Paul; Liu, Amy Y.C.; Meng, Xin - In: Journal of Economic Behavior & Organization 81 (2012) 1, pp. 159-171

In this paper we study the effect of optimistic income expectations on life satisfaction amongst the Chinese population … strong in the countryside and amongst rural-to-urban migrants. The importance of these expectations for life satisfaction is … particularly pronounced in the urban areas, though also highly significant for the rural area. If expectations were to reverse from …

Persistent link: https://www.econbiz.de/10010597452

How to commit (if you must): Commitment contracts and the dual-self model

Peysakhovich, Alexander - In: Journal of Economic Behavior & Organization 101 (2014) C, pp. 100-112

This paper studies how dual-self (Fudenberg and Levine, 2006) decision-makers can use commitment technologies to combat temptation and implement long-run optimal actions. I consider three types of commitment technologies: carrot contracts (rewards for ‘good’ behavior financed by borrowing...

Persistent link: https://www.econbiz.de/10010942998

Do customers return excessive change in a restaurant?

Azar, Ofer H.; Yosef, Shira; Bar-Eli, Michael - In: Journal of Economic Behavior & Organization 93 (2013) C, pp. 219-226

The article reports the results of a field experiment used to study dishonest behavior in a natural setting. Customers in a restaurant in tables of one or two diners who paid with cash received excessive change of either 10 or 40 Shekels (about $3 or $12). A majority of customers (128 out of...

Persistent link: https://www.econbiz.de/10010702955

Political environment and foreign direct investment: Evidence from OECD countries

Wisniewski, Tomasz P.; Pathan, Saima K. - In: European Journal of Political Economy 36 (2014) C, pp. 13-23

This paper examines the role that political factors play in the investment location decisions of multinational enterprises. It has been found that foreign direct investors shy away from countries with excessive government spending, especially when this spending is directed towards the military....

Persistent link: https://www.econbiz.de/10010939871

Interest-group size and legislative lobbying

Schneider, Maik T. - In: Journal of Economic Behavior & Organization 106 (2014) C, pp. 29-41

We develop a model of legislative decision making in which lobbying and public policy are jointly determined. We examine how policy outcomes depend on the sizes of the interest groups. While a larger size typically involves favorable effects on policy, we also identify threshold levels of...

Persistent link: https://www.econbiz.de/10010930947

The perfect finance minister: Whom to appoint as finance minister to balance the budget

Jochimsen, Beate; Thomasius, Sebastian - In: European Journal of Political Economy 34 (2014) C, pp. 390-408

The role and influence of the finance minister within the cabinet are discussed with increasing prominence in the theoretical literature on the political economy of budget deficits. It is generally assumed that the spending ministers can enhance their reputation purely with new or more extensive...

Persistent link: https://www.econbiz.de/10010931429

What triggers reforms in OECD countries? Improved reform measurement and evidence from the healthcare sector

Wiese, Rasmus - In: European Journal of Political Economy 34 (2014) C, pp. 332-352

The main contribution of this paper is the development of a novel and versatile methodology to identify economic reforms. The methodology is a combination of the Bai & Perron structural break filter, and validation of the structural breaks identified using de jure evidence of reforms. The...

Persistent link: https://www.econbiz.de/10010931434

A theory of ethnic diversity and income distribution: A legislative bargaining approach

Tsuchimoto Menkyna, Fusako - In: European Journal of Political Economy 34 (2014) C, pp. 52-67

In this paper, I examine how the two dimensions of income inequality and ethnic diversity affect the formation of political coalitions and the reallocation of income. I construct a legislative bargaining model to analyze when coalitions form along the income dimension and when it forms along the...

Persistent link: https://www.econbiz.de/10010931437

Capitalism and labor shares: A cross-country panel study

Young, Andrew T.; Lawson, Robert A. - In: European Journal of Political Economy 33 (2014) C, pp. 20-36

We examine the empirical relationship between the institutions of economic freedom and labor shares in a panel of up to 93 countries covering 1970 through 2009. We find that a standard deviation increase in the Fraser Institute's Economic Freedom of the World (EFW) score is associated with about...

Persistent link: https://www.econbiz.de/10010931438

A tale of an unwanted outcome: Transfers and local endowments of trust and cooperation

Accetturo, Antonio; de Blasio, Guido; Ricci, Lorenzo - In: Journal of Economic Behavior & Organization 102 (2014) C, pp. 74-89

Transfers can do good; however, they can also result in massive failures. This paper presents a model that highlights the ambiguous nature of the impact of transfers on local endowments of social capital. It then describes an empirical investigation that illustrates that the receipt of EU...

Persistent link: https://www.econbiz.de/10010776755