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. This contribution focuses on religion’s possible impact on the shadow economy. Different dimensions of the religious … protect state interests if there is a mutually beneficial relationship. -- Economics of religion ; tax morale ; shadow economy …Religion is increasingly acknowledged to be a cultural dimension which affects economic outcomes in different regards …
Persistent link: https://www.econbiz.de/10009129748
470 loan agreements signed between 2005 and 2012 with borrowers based on 28 different countries across the world and …
Persistent link: https://www.econbiz.de/10010437173
By means of an event study of stock market reactions to the announcement of the Olympic Games host cities, we find a significant and positive announcement effect of hosting the Summer Games, with a cumulative abnormal return of about 2% within a few days. We do not find any significant results...
Persistent link: https://www.econbiz.de/10003745113
In a constantly changing economic environment a country's ability to undertake institutional reforms is crucial to maintain economic growth and to promote the welfare of its citizens. A wide range of determinants for institutional reforms have been identified. However, the impact of trust on...
Persistent link: https://www.econbiz.de/10003738748
This paper presents a meta-analysis of 46 primary studies reporting a total of 108 genetically modified food valuation estimates. The analysis shows that elicitation methods and formats used in the primary studies affect valuation estimates much more than do sample characteristics. Moreover,...
Persistent link: https://www.econbiz.de/10003784544
This paper presents an empirical evaluation of recently proposed asset pricing models which extend the standard preference specification by a reference level of consumption. The novelty is that we use a broad cross-section of test assets, which provides a level playing field for a comparison to...
Persistent link: https://www.econbiz.de/10003328088
Based on unique data from a world-wide survey of agents involved in international climate policy, this paper …
Persistent link: https://www.econbiz.de/10003338007
Despite the continuing political interest in the usefulness of tax competition and tax coordination as well as the wealth of theoretical analyses, it still remains open whether or when tax competition is harmful. Moreover, the influence of tax differentials on multinationals' decisions is still...
Persistent link: https://www.econbiz.de/10003805631
Reducing emissions from deforestation and degradation (REDD) has been proposed as a potentially inexpensive and plentiful source of emission abatement to supplement other longterm climate policies. However, critics doubt that REDD credits are environmentally equivalent to domestic emission...
Persistent link: https://www.econbiz.de/10003806171
This paper conducts tests of the random walk hypothesis and market efficiency for 14 national public real estate markets. Random walk properties of equity prices influence the return dynamics and determine the trading strategies of investors. To examine the stochastic properties of local real...
Persistent link: https://www.econbiz.de/10003881575