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The Effects of Air Pollution on COVID-19 Related Mortality in Northern Italy

Coker, Eric; Cavalli, Laura; Fabrizi, Enrico; … - 2020

.5) and excess deaths in the first quarter of 2020 in municipalities of Northern Italy. The study accounts for potentially … mortality. Our epidemiological analysis uses geographical information (e.g., municipalities) and negative binomial regression to …

Persistent link: https://www.econbiz.de/10012269869

Institutions promoting budgetary discipline: evidence from Swedish municipalities

Dietrichson, Jens; Ellegård, Lina Maria - 2012

budget institutions and conflicts of interest within the Swedish municipalities. Our estimations suggest that institutions …. The fiscal surplus is higher in municipalities that have centralized their budget process to some degree, and where local … differ between municipalities with different degrees of conflicts of interests, calling for further research to understand …

Persistent link: https://www.econbiz.de/10013208570

Does ccoperation improve implementation? Central-local government relations in active labour market policy in Sweden

Lundin, Martin - 2005

Theory suggests that relations between authorities affect implementation. This article studies the link between central and local government agencies in the Swedish labour market sector. The analysis is based on new quantitative data. The results indicate that central and local government...

Persistent link: https://www.econbiz.de/10010317915

Institutions, the cost of capital, and long-run economic growth: Evidence from the 19th century capital market

Alquist, Ron; Cha, Ben - 2012

Late 19th century investors demanded compensation to invest in countries with poor institutional protection of property rights. Using the monthly stock returns of 1,808 firms located in 43 countries but traded in London between 1866 and 1907, we estimate the country-specific cost of capital. We...

Persistent link: https://www.econbiz.de/10010292144

Free to Trust? Economic Freedom and Social Capital

Berggren, Niclas; Jordahl, Henrik - 2005

We present new evidence on how generalized trust is formed. Unlike previous studies, we look at the explanatory power of economic institutions, we use newer data, we incorporate more countries, and we use instrumental variables to handle the causality problem. A central result is that legal...

Persistent link: https://www.econbiz.de/10010321621

A property rights based consolidation approach

Casajus, André; Labrenz, Helfried - 2014

We suggest a full consolidation approach that takes into account the property rights structure whithin the subsidiaries, in particular, the majority requirements on restructurings. Our approach employs a property rights index based on cooperative game theory.

Persistent link: https://www.econbiz.de/10010332840

Trust and communication in a property rights dilemma

Ahn, T. K.; Balafoutas, Loukas; Batsaikhan, Mongoljin; … - 2016

We study a laboratory social dilemma game in which incentives to steal from others lead to the socially inefficient diversion of resources from production unless the members of a given mini-society can abide by norms of non-theft or engage in low cost collective protection of their members'...

Persistent link: https://www.econbiz.de/10011669324

When knowledge is an asset: Explaining the organizational structure of large law firms

Rebitzer, James B.; Taylor, Lowell J. - 2006

We study the economics of employment relationships through theoretical and empirical analyses of an unusual set of firms, large law firms. Our point of departure is the property rights approach that emphasizes the centrality of ownership's legal rights to control important, nonhuman assets of...

Persistent link: https://www.econbiz.de/10010266554

Trilateral Trade and Asset Allocation - extending the Grossman-Hart-Moore model

Rehn, Eric - 2007

This paper extends the Grossman-Hart-Moore model to suite a specific trilateral trade transaction. In this transaction a downstream producer produces the final good using inputs from two different upstream suppliers. Moreover one of the upstream supplier needs an input from the other upstream...

Persistent link: https://www.econbiz.de/10013208522

Surprising Institutions

Lyttkens, Carl Hampus - 2012

This paper introduces the notion of surprising institutions. Because we often carry incorrect beliefs about the world surrounding us and we are therefore often mistaken about the nature of the institutional structure facing us. The story told in this paper shows that an institution may come as a...

Persistent link: https://www.econbiz.de/10013208624