Showing 1 - 10 of 1,463
shapes the relationship between public corruption and the cost of bank loans. We find strong evidence that banks led by CEOs … high local public corruption in the state of the borrowing firms. We find some similar evidence for banks led by CEOs that … as the matching between borrowing firms from states with high corruption and the cultural heritage of bank CEOs, omitted …
Persistent link: https://www.econbiz.de/10013246216
Promises are prevalent in many economic environments. They offer the opportunity to honor future obligations when promise keeping is observable. This paper studies the value of transparency and asks whether promises still work if such transparency is missing. We focus on the context of campaign...
Persistent link: https://www.econbiz.de/10012231501
Psychological game theory can provide a rational choice explanation of framing effects; frames influence beliefs, and beliefs influence motivations. We explain this point theoretically, and explore its empirical relevance experimentally. In a 2×2-factorial framing design of one-shot public good...
Persistent link: https://www.econbiz.de/10003385854
This paper demonstrates the effect of country level corruption on illicit behavior of individuals in a foreign country … States from corruption-ridden countries are more likely to be apprehended than individuals from less corrupt countries are. …
Persistent link: https://www.econbiz.de/10010425986
techniques highlight the home country's social ills such as corruption, theft and homicide as key determinants. Also included in … host country. These results suggest that chronic socio-economic problems such as corruption, crimes, and poverty in the …
Persistent link: https://www.econbiz.de/10011382483
This paper addresses the effects of the revolving door phenomenon on the inequality of influence among firms. It shows that firms are not equal in their capacities to benefit from state connections. We first develop a theoretical model introducing the notion of "bureaucratic capital" and showing...
Persistent link: https://www.econbiz.de/10011729453
It is now generally accepted that some people are more altruistic, more trusting, or more reciprocal than others, but it is still unclear whether these differences are innate or a consequence of nurture. We analyse the correlation between handedness and social preferences in the lab and find...
Persistent link: https://www.econbiz.de/10011382490
We examine whether social preferences are determined by hormones. We do this by investigating whether markers for the strength of prenatal testosterone exposure (finger length ratios) and current exposure to progesterone and oxytocin (the menstrual cycle) are correlated with choices in social...
Persistent link: https://www.econbiz.de/10011385989
This paper explores the role of the gender equality culture in cross-country gender commuting gap differences. To avoid … inter-relationships between culture, institutions, and economic conditions in a simple cross-country analysis, we adopt the … evidence of the existence of a cultural impact. Our results show that a culture with more gender equality in the country of …
Persistent link: https://www.econbiz.de/10012497183
The paper investigates the effects of checks and balances on corruption. Within a presidential system, effective … government and elected, rather than appointed, state supreme court judges are associated with lower corruption and, furthermore …
Persistent link: https://www.econbiz.de/10010320920