We specify an empirical model of US inflation which has the dynamics of wage and price setting at its core. In the dynamic wage equation an equilibrium-correction term connects the wage level to industrial prosperity indicators. In that way, the role of wage setting in the dynamics of the...

Social interactions determine many economic behaviors, but information on social ties does not exist in most publicly available and widely used datasets. We present results on the identification of social networks from observational panel data that contains no information on social ties between...

This paper studies how social relationships between managers and employees affect relational incentive contracts. To this end we develop a simple dynamic principal-agent model where both players may have feelings of altruism or spite toward each other. The contract may contain two types of...

Using case studies drawn from the authors' own and others' research, this working paper describes and compares some of the ways land conflicts reflected, intensified or reshaped struggles over authority within and between families, local communities, institutions and states in post-colonial...

Ausgangspunkt dieses Beitrags ist die Abgrenzung des Phänomens der residentiellen Multilokalität von anderen Formen der Mehrörtigkeit. Diese soziale Praxis, welche die Verfügbarkeit von zwei oder mehr Behausungen voraussetzt, bedingt eine spezifische Lebensweise. Als Bezeichnung des...

Der Beitrag widmet sich den Sozialstrukturen und sozialen Beziehungen in Kleinstädten: Es werden die zentralen Begrifflichkeiten geklärt, ein Überblick über den bisherigen Forschungsstand gegeben sowie offene Fragen für die Kleinstadtforschung benannt. Der Beitrag zeigt auf, dass...

We introduce "group cohesion" to study the economic relevance of social relationships in team production. We operationalize measurement of group cohesion, adapting the "oneness scale" from psychology. A series of experiments, including a pre-registered replication, reveals strong positive...

This paper studies how social relationships between managers and employees affect relational incentive contracts. To this end we develop a simple dynamic principal-agent model where both players may have feelings of altruism or spite toward each other. The contract may contain two types of...

Using the Health and Retirement Survey and standard wage decomposition techniques, this paper finds that the difference in intermittent labor force participation between men and women accounts for 47 percent of the contribution to the wage gap of differences in observed characteristics. Not...