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Trust in Public Institutions Over the Business Cycle
Stevenson, Betsey - 2011
We document that trust in public institutions ﾖ and particularly trust in banks, business and government ﾖ has declined over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in institutions. Cross-country comparisons reveal a clear...
Persistent link: https://www.econbiz.de/10013128218
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Why Use ROSCAs When You Can Use Banks? Theory and Evidence from Ethiopia
Kedir, Abbi M. - 2011
Much of the existing literature on the use of informal credit arrangements such as ROSCAs (Rotating and Credit Saving Associations) theorises the use of such institutions as arising from market failures in the development of formal saving and credit mechanisms. As economic development proceeds,...
Persistent link: https://www.econbiz.de/10013123599
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Aging and Attitudes Towards Strategic Uncertainty and Competition : An Artefactual Field Experiment in a Swiss Bank
Madiès, Thierry - 2012
We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a market entry game inspired by Camerer and Lovallo (1999). Seniors exhibit higher entry rates compared to juniors, especially when earnings depend on relative performance. This...
Persistent link: https://www.econbiz.de/10013104678
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Help in a Foreign Land : Internationalized Banks and Firms' Export
Brancati, Emanuele - 2022
’s domestic bank by an internationalized banking group. Our results show that, after the acquisition, firms have a significantly … higher probability of starting export in countries where the consolidated bank has a foreign branch, which proxies for the … mainly reduce firms’ fixed entry costs in a foreign market. The analysis also shows that other channels, such as bank credit …
Persistent link: https://www.econbiz.de/10013403718
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Beauty is the Promise of Happiness?
Hamermesh, Daniel S. - 2011
We measure the impact of individuals' looks on their life satisfaction or happiness. Using five data sets from the U.S., Canada, the U.K., and Germany, we construct beauty measures in different ways that allow putting a lower bound on the true effects of beauty on happiness. Personal beauty...
Persistent link: https://www.econbiz.de/10013127722
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The Long Shadow of Income on Trustworthiness
Ermisch, John - 2011
We employ a behavioural measure of trustworthiness obtained from an experiment carried out with a sample of the general British population whose individuals were extensively interviewed on earlier occasions. These previous interviews allow us to have very good income measures, and in particular...
Persistent link: https://www.econbiz.de/10013127916
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Union Threat and Non-Union Employment : A Natural Experiment on the Use of Temporary Employment in British Firms
Salvatori, Andrea - 2011
This paper presents the first empirical evidence on the effect of the threat of unionisation on the use of a predominantly non-union type of employment, i.e. temporary employment. The identification strategy exploits an exogenous variation in union threat induced in the UK by new legislation...
Persistent link: https://www.econbiz.de/10013128214
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Returns to Compulsory Schooling in Britain : Evidence from a Bayesian Fuzzy Regression Discontinuity Analysis
Chib, Siddhartha - 2011
In this paper we reevaluate the returns to education based on the increase in the compulsory schooling age from 14 to 15 in the UK in 1947. We provide a Bayesian fuzzy regression discontinuity approach to infer the effect on earnings for a subset of subjects who turned 14 in a narrow window...
Persistent link: https://www.econbiz.de/10013128224
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Above and Beyond the Call : Long-Term Real Earnings Effects of British Male Military Conscription in the Post-War Years
Grenet, Julien - 2011
We add to the literature on the long-term economic effects of male military service. We concentrate on post-war British conscription into the armed services from 1949 to 1960. It was called National Service and applied to males aged 18 to 26. Based on a regression discontinuity design we...
Persistent link: https://www.econbiz.de/10013128225
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What Determines the Return to Education : An Extra Year or a Hurdle Cleared?
Dickson, Matthew - 2011
The 1973 Raising of the School Leaving Age in England and Wales has been used to identify returns to years' schooling. However, the reform affected the proportion with qualifications, as well as schooling length. To shed light on whether the returns reflect extra schooling or qualifications, we...
Persistent link: https://www.econbiz.de/10013129083