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Political connections and financial constraints : evidence from transition countries
Bussolo, Maurizio; De Nicola, Francesca; Panizza, Ugo; … - 2019
This paper examines whether political connections ease financial constraints faced by firms. Using firm-level data from six Central and Eastern European economies, the paper shows that politically connected firms: (i) have high levels of leverage, (ii) have low levels of profitability, (iii) are...
Persistent link: https://www.econbiz.de/10012113824
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Cardiovascular Consequences of Unfair Pay
Falk, Armin; Menrath, Ingo; Verde, Pablo Emilio; … - 2011
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...
Persistent link: https://www.econbiz.de/10011601022
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Unfair pay and health
Falk, Armin; Kosse, Fabian; Menrath, Ingo; Verde, Pablo … - 2014
This paper investigates physiological responses to perceptions of unfair pay. We use an integrated approach exploiting complementarities between controlled lab and representative field data. In a simple principal-agent experiment agents produce revenue by working on a tedious task. Principals...
Persistent link: https://www.econbiz.de/10010464368
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I perceive therefore I demand : the formation of inequality perceptions and demand for redistribution
Bussolo, Maurizio; Ferrer-i-Carbonell, Ada; Giolbas, Anna; … - 2019
This paper investigates the link between inequality and demand for redistribution by looking at how individuals form … their perceptions of inequality. Most of the literature analyzing demand for redistribution has focused on objective … inequality, rather than subjective perceptions of inequality. However, a model that links demand for redistribution to subjective …
Persistent link: https://www.econbiz.de/10012059022
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Inequality and welfare dynamics in the Russian Federation during 1994-2015
Dang, Hai-Anh H.; Lokshin, Michael; Abanokova, Kseniya; … - 2018
into a market-oriented economy. This paper offers a comprehensive study of inequality and mobility patterns for Russia … findings show rising income levels and decreasing inequality, with the latter being mostly caused by pro-poor growth rather …, leading to less long-term inequality than short-term inequality. The analysis also finds that switching from a part-time job …
Persistent link: https://www.econbiz.de/10012002184
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Does job polarization explain the rise in earnings inequality? : evidence from Europe
Bussolo, Maurizio; Torre, Iván; Winkler, Hernan - 2018
Persistent link: https://www.econbiz.de/10012002427
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Cardiovascular Consequences of Unfair Pay
Falk, Armin; Menrath, Ingo; Verde, Pablo Emilio; … - Forschungsbasierte Infrastruktureinrichtung … - 2011
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...
Persistent link: https://www.econbiz.de/10009277158
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Unfair Pay and Health
Falk, Armin; Kosse, Fabian; Menrath, Ingo; Verde, Pablo … - Forschungsbasierte Infrastruktureinrichtung … - 2014
This paper investigates physiological responses to perceptions of unfair pay. We use an integrated approach exploiting complementarities between controlled lab and representative field data. In a simple principal-agent experiment agents produce revenue by working on a tedious task. Principals...
Persistent link: https://www.econbiz.de/10011098748