Showing 1 - 10 of 144
We examine the effects of social preferences and beliefs about the social preferences of others in a simple leader-follower voluntary contributions game. We find that groups perform best when led by those who are reciprocally oriented. Part of the effect can be explained by a false consensus...
Persistent link: https://www.econbiz.de/10012765318
Business groups, which are ubiquitous in emerging market economies, balance the advantages of characteristics such as internal capital markets with the disadvantages such as inefficient internal distribution of resources and suppression of technological and other forms of innovativeness. In this...
Persistent link: https://www.econbiz.de/10013060622
We merge firm-level data on ownership linkages with administrative data on German workers to analyze how the position in a business group hierarchy affects workers' wages. To acknowledge that ownership linkages are not onedirectional, we propose an index of hierarchical distance to the ultimate...
Persistent link: https://www.econbiz.de/10014083958
It has been argued that Asia's remarkable economic achievements of the past 50 years build on institutional arrangements very different from the West, notably the central role of business groups (BGs). As Asian economies move from extensive to intensive growth, we enquire whether the business...
Persistent link: https://www.econbiz.de/10014255386
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
localized and well-respected administration increased citizens' trust in local public services. In several Eastern European … Habsburg affiliation increases current trust and reduces corruption in courts and police. Falsification tests of spuriously … moved borders, geographic and pre-existing differences, and interpersonal trust corroborate a genuine Habsburg effect …
Persistent link: https://www.econbiz.de/10013127917
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 … the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …
Persistent link: https://www.econbiz.de/10013128218
general population in a trust experiment. We find very similar behavioral patterns for the two groups. If anything, the level …
Persistent link: https://www.econbiz.de/10013130435
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/10013131158
Several studies have shown that dictator-game giving declines substantially if the dictator can exploit situational "excuses" for not being generous. In this experimental study we investigate if this result extends to more natural social interactions involving reciprocal behavior. We provide the...
Persistent link: https://www.econbiz.de/10013134984