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Committing to Incentives: Should the Decision to Sanctionbe Revealed or Hidden?
Klempt, Charlotte; Pull, Kerstin - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2010
Sanctions are widely used to promote compliance in principal-agent-relationships.While there is ample evidence … confirming the predicted positive incentive effect of sanctions,it has also been shown that imposing sanctions may in fact reduce … are restricted to situations where principals ex antereveal their decision to sanction low compliance.[...] …
Persistent link: https://www.econbiz.de/10009022160
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The Effect of Sanctions on the Job Finding Rate:Evidence from Denmark
Svarer, Michael - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
This paper investigates the effect of sanctions of unemployment insurance benefits on theexit rate from unemployment … for a sample of Danish unemployed. According to the findingsare that even moderate sanctions have rather large effects... …
Persistent link: https://www.econbiz.de/10005862085
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Specious Confidence after Tax Audits: A Contribution to theDynamics of Compliance
Kirchler, Erich; Maciejovsky, Boris; Schwarzenberger, … - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2003
Dynamics of compliance, depending on audit probability, sanctions, and the time lagbetween audits, are investigated in … afterwards, especially if audits were frequent and sanctions high. …
Persistent link: https://www.econbiz.de/10005866915
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Group rewards and individual sanctions inenvironmental policy
Dijkstra, Bouwe R.; Rübbelke, Dirk T.G. - University <Nottingham> / Department of Economics - 2007
We examine an incentive scheme for a group of agents, where all agents are rewarded ifthe group meets its target. If the group does not meet its target, only the agents that meettheir individual target are rewarded. In environmental policy, the EU burden sharingagreement and the UK Climate...
Persistent link: https://www.econbiz.de/10005868603
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Trade Flows, Multilateral Resistance and FirmHeterogeneity
Behar, Alberto; Nelson, Benjamin D. - University <Oxford> / Department of Economics - 2009
We present a gravity model that accounts for multilateral resistance, firm heterogeneity and country-selectioninto trade, while accommodating asymmetries in trade flows. A new equation for the proportion of exporting…firms takes a gravity form: the extensive margin is also accected by...
Persistent link: https://www.econbiz.de/10005870124
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TRADE SPECIALISATION AND ECONOMIC CONVERGENCE:EVIDENCE FROM TWO EASTERN EUROPEAN COUNTRIES
Rault, Christophe; Caporale, Guglielmo Maria; Sova, Robert - William Davidson Institute <Ann Arbor, Mich.> - 2009
This paper analyses trade specialisation dynamics in two Eastern European countries(Romania and Bulgaria – EEC-2) vis-à-vis the core EU member states (EU-15) over theperiod 1990-2006. Specifically, we focus on whether there is a shift towards intra-industrytrade leading to economic...
Persistent link: https://www.econbiz.de/10009360508
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When, How Fast and by How Much do Trade Costs change in the Euro Area?
Herwartz, Helmut; Weber, Henning - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2008
Microfoundations of the euro´s effect on euro area trade hinge on the timing, thespeed and the size of adjustment in trade costs. We estimate timing, speed and sizeof adjustment in trade costs for sectoral trade data. Our approach allows for sectorspecific impacts of trade costs on sectoral...
Persistent link: https://www.econbiz.de/10005862427
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Limiting Court Behavior: A Case for High Minimum Sentences and Low Maximum Ones
Pallage, Stephane; Demougin, Dominique - 2001
We model a simple justice system in which a court is mandated by society to assess the guilt and the punishment of an … sentence. Clearly, the court, in this world, will condemn more often than society and assign higher penalties. Under these …
Persistent link: https://www.econbiz.de/10005844233
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On the Use of Racial Profiling as a Law EnforcementTool
Bunzel, Helle; Marcoul, Philippe - Iowa State University of Science and Technology <Ames, … - 2005
The “End Racial Profiling Act of 2001” (ERPA) states that “nolaw enforcement agent or law enforcement agency shall engage in racial profiling” andmandates states to “collect detailed data on stops, searches, seizures, and arrests.” Wedevelop a stylized dynamic model of highway...
Persistent link: https://www.econbiz.de/10009360885
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Designing Incentive-Compatible Regulation in Banking: The Role of Penalty in the Precommitment Approach
Kobayakawa, Shuji - Nihon-Ginkō <Tōkyō>; London School of Economics and … - 1998
The purpose of this paper is to present a framework forincentive-compatible regulation that would enable regulatorsto ensure that riskier banks maintain higher capitalholdings.Under the precommitment approach, a bankannounces the appropriate level of capital that covers themaximum value of...
Persistent link: https://www.econbiz.de/10005870080