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We use data on crime incidence and crime reporting from the International Crime Victimization Survey to analyze how governance influences crime incidence and crime reporting by households. We find that governance has a significant effect on the incidence and reporting rates of some crime...
Persistent link: https://www.econbiz.de/10014064886
Recent scientific research indicates that there may have been an extension in physically and cognitively healthy life expectancy. We examine the effects of an extension in healthy life on retirement, education and human capital investment. We find that as life expectancy rises, the proportion of...
Persistent link: https://www.econbiz.de/10014065013
One conjecture in the theory of incentives is that incentives based on broader outcomes may be better at motivating agents than incentives based on narrow measures. A more nuanced statement of this conjecture is that incentives of different breadth are appropriate for different agents. We...
Persistent link: https://www.econbiz.de/10005785127
We implement a methodology that identifies respondents who are reticent in answering sensitive questions on surveys. The methodology entails asking a series of randomized response questions and identifies the reticent as those who give a set of answers that can arise only with an implausibly low...
Persistent link: https://www.econbiz.de/10005785596
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Theory suggests that capital is more likely to be efficiently allocated via market mechanisms, such as bank lending and stock issuance, than via non-market allocation. Consequently, we conjecture that increased market allocation of capital will enhance economic growth. We also posit that good...
Persistent link: https://www.econbiz.de/10005705817
We conducted an experimental analysis of the causes of corruption, varying the ease of hiding corrupt gains, officials’ wages, and the method of choosing the law enforcement officer. Voters rarely re-elect chief executives found to be corrupt and tend to choose presidents who had good luck....
Persistent link: https://www.econbiz.de/10005708945
Randomized response methods, which were designed to elicit candid answers to sensitive questions, have not succeeded in eliminating reticence in survey responses. We implement a methodology that effectively stands the randomized response technique on its head, using it to identify reticent...
Persistent link: https://www.econbiz.de/10005764504
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