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The quest for status is a powerful motivator, but does it affect inequality? This paper presents a novel lab experiment that was designed and conducted to identify the relationship between conspicuous consumption, access to credit, and inequality. We report four main findings: First, consumption...
Persistent link: https://www.econbiz.de/10013294196
Protecting employee whistle-blowers is important, as this is a significant source of uncovering wrongdoing, both for public, and private organizations. How whistle-blowers make decisions is complex, and potential whistle-blowers may not have complete information on the strategies that are chosen...
Persistent link: https://www.econbiz.de/10013314706
The quest for status is a powerful motivator, but does it affect inequality? This paper presents a novel lab experiment that was designed and conducted to identify the relationship between inequality, status signaling, debt, and conspicuous consumption. It reports three main findings: First,...
Persistent link: https://www.econbiz.de/10013252443
Two decades of empirical evaluation have shown that corruption has a negative impact on economic growth, political stability, judicial effectiveness, democratization, educational attainment, and equality of income. However, corruption exists, persists, and varies significantly by culture. Lab...
Persistent link: https://www.econbiz.de/10012554496
Faith-based mutual funds have recently become a growing corner of the mutual fund industry. Morality and ethics are thought to exert an influence on investors' decisions in this segment, although their role in driving such investments is not clear as these funds are also attractive due to their...
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