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While incentive framing has been shown to promote workers' effort, little is known about how it affects other dimensions of the employer-employee relationship. This paper examines whether incentive framing can also influence workers propensity to engage in an activity disloyal to their employer:...
Persistent link: https://www.econbiz.de/10013050810
Synopsis of whole book instead of Abstract: This volume provides a comprehensive review of the empirical evidence on corruption generated by recent laboratory and field experiments conducted by economists and political scientists. The first part of the volume reviews the evidence produced by...
Persistent link: https://www.econbiz.de/10013050812
This paper reports on a controlled field experiment on corruption designed to address two important issues: the experimenter's scrutiny and the unobservability of corruption. In the experiment, a grader is offered a bribe along with a demand for a better grade. We find that graders respond more...
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Public expectations and perceptions of inflation may affect economic decisions, and have subsequent effects on actual inflation. The Michigan Survey of Consumers uses questions about “prices in general” to measure expected and perceived inflation. Median responses track official measure of...
Persistent link: https://www.econbiz.de/10013144442
To conduct monetary policy, central banks around the world increasingly rely on measures of public inflation expectations. In this article, we review findings from an ongoing initiative at the Federal Reserve Bank of New York aimed at improving the measurement and our understanding of household...
Persistent link: https://www.econbiz.de/10013078108
To conduct academic research on the federal funds (fed funds) market, historically one of the most important financial markets in the U.S., some empirical economists have used market level measures published by the Markets Group at the Federal Reserve Bank of New York (FRBNY). To obtain more...
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