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Persistent link: https://www.econbiz.de/10001696199
This contribution empirically explores the drivers of labour market reform acceptance for the individual level in Germany. For that purpose we make use of the representative German General Social Survey (ALLBUS). This survey offers data to which extent individuals support benefit cuts, longer...
Persistent link: https://www.econbiz.de/10003806186
Assar Lindbeck has pointed to the problem that generous welfare state institutions may in the long-run undermine those social norms which limit the costs and incentives effects of the welfare state and thus guarantee its viability. This study is the first to assess the empirical validity of...
Persistent link: https://www.econbiz.de/10003480000
Does the information provided by mass media have the power to persistently affect individual beliefs about the drivers of success in life? To answer this question empirically, this contribution exploits a natural experiment on the reception of West German television in the former German...
Persistent link: https://www.econbiz.de/10009668468
In this contribution we study the determinants of how individuals assess the social fairness of a given income distribution. We propose an analytical framework distinguishing between potential impact factors related to the following fields: first fairness preferences, second beliefs on the...
Persistent link: https://www.econbiz.de/10003751302
Competitors can be valuable sources and partners for innovation activities. Against the background of international …
Persistent link: https://www.econbiz.de/10003516700
This paper exploits detailed information on local political and socioeconomic networks and a reform of local fiscal equalization in North Rhine-Westphalia (NRW) to identify the role of learning in local tax rate interactions. Using this policy change in spatial lag IV regressions, we find that...
Persistent link: https://www.econbiz.de/10011391788
This paper addresses the puzzle how employers that invest in general human capital can gain an information advantage with respect to the ability of their employees when training is certified by credible external institutions. We apply an established model from the employer-learning literature...
Persistent link: https://www.econbiz.de/10011316529
Innovation success depends heavily on firm's ability to set priorities and select the most promising options from its … project portfolio before the odds of success or failure become visible and reliable. We ask: What does previous innovation …, research on absorptive capacities finds that previous innovation experience translates into superior ability to value, extract …
Persistent link: https://www.econbiz.de/10003761053
As a group, market forecasters are egregiously overconfident. In conformity to the dynamic model of overconfidence of Gervais and Odean (2001), successful forecasters become more overconfident. What’s more, more experienced forecasters have learned to be overconfident,ʺ and hence are more...
Persistent link: https://www.econbiz.de/10003225303