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Crowding In with Impure Altruism : Theory and Evidence from Volunteerism in National Parks
Kotchen, Matthew - 2019
limitations of the frequently used specification test that distinguishes between the standard models of pure and impure altruism … impure altruism compared with pure altruism, we show that, in general, it can be either more or less. Second, we propose a … heterogeneity based on park and volunteer hour types, are theoretically consistent with the mainstay model of impure altruism …
Persistent link: https://www.econbiz.de/10012480388
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Civic Capital as the Missing Link
Guiso, Luigi - 2010
This chapter reviews the recent debate about the role of social capital in economics. We argue that all the difficulties this concept has encountered in economics are due to a vague and excessively broad definition. For this reason, we restrict social capital to the set of values and beliefs...
Persistent link: https://www.econbiz.de/10012462807
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Utility from Accumulation
Kaplow, Louis - 2009
The possibility that individuals may derive utility from the mere fact of holding wealth has long been recognized. A …
Persistent link: https://www.econbiz.de/10012463054
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The Effects of Income and Wealth on Time and Money Transfers between Parents and Children
Altonji, Joseph G. - 1996
We use the 1988 PSID to study the effects of income and wealth on transfers of money and time between individuals and … in the cross section or in the analysis using siblings that parental income or wealth raises time transfers from children …
Persistent link: https://www.econbiz.de/10012473334
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Social Capital as Good Culture
Guiso, Luigi - 2007
To explain the extremely long-term persistence (more than 500 years) of positive historical experiences of cooperation (Putnam 1993), we model the intergenerational transmission of priors about the trustworthiness of others. We show that this transmission tends to be biased toward excessively...
Persistent link: https://www.econbiz.de/10012464934
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The Economics of Cultural Transmission and Socialization
Bisin, Alberto - 2010
.g., discounting, risk aversion and altruism) and most cultural traits, social norms, and ideological tenets ( e.g., attitudes towards …
Persistent link: https://www.econbiz.de/10012462145
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Anger and Regulation
Tella, Rafael Di - 2009
concern for other people's welfare (altruism) in the process of making high profits. Even with few truly altruistic firms, an …
Persistent link: https://www.econbiz.de/10012463448
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Pledgability and Liquidity : A New Monetarist Model of Financial and Macroeconomic Activity
Venkateswaran, Venky - 2013
When limited commitment hinders unsecured credit, assets help by serving as collateral. We study models where assets differ in pledgability - the extent to which they can be used to secure loans - and hence liquidity. Although many previous analyses of imperfect credit focus on producers, we...
Persistent link: https://www.econbiz.de/10012459653
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Culture, Institutions & the Long Divergence
Bisin, Alberto; Rubin, Jared; Seror, Avner; Verdier, Thierry - National Bureau of Economic Research - 2021
Recent theories of the Long Divergence between Middle Eastern and Western European economies focus on Middle Eastern (over-)reliance on religious legitimacy, use of slave soldiers, and persistence of restrictive proscriptions of religious (Islamic) law. These theories take as exogenous the...
Persistent link: https://www.econbiz.de/10012482703
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Compulsory Schooling Laws and Formation of Beliefs : Education, Religion and Superstition
Mocan, Naci - 2014
We exploit information on compulsory schooling reforms in 11 European countries, implemented mostly in the 1960s and 70s, to identify the impact of education on religious adherence and religious practices. Using micro data from the European Social Survey, conducted in various years between 2002...
Persistent link: https://www.econbiz.de/10012458108