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Chover-type laws of the k-iterated logarithm for weighted sums of strongly mixing sequences (2014)
Journal Article
Trapani, L. (2014). Chover-type laws of the k-iterated logarithm for weighted sums of strongly mixing sequences. Journal of Mathematical Analysis and Applications, 420(2), https://doi.org/10.1016/j.jmaa.2014.06.042

This note contains a Chover-type Law of the k-Iterated Logarithm for weighted sums of strong mixing sequences of random variables with a distribution in the domain of a stable law. We show that the upper part of the LIL is similar to other studies in... Read More about Chover-type laws of the k-iterated logarithm for weighted sums of strongly mixing sequences.

Privatization in the presence of foreign competition and strategic policies (2014)
Journal Article
Dijkstra, B., Mathew, A., & Mukherjee, A. (2014). Privatization in the presence of foreign competition and strategic policies. Journal of Economics, 114(3), https://doi.org/10.1007/s00712-014-0407-3

Recent evidence shows that developing and transition economies are increasingly privatizing their public firms and also experiencing rapid growth of inward foreign direct investment (FDI). In an international mixed oligopoly with strategic tax/subsid... Read More about Privatization in the presence of foreign competition and strategic policies.

Bargaining over an endogenous agenda (2014)
Journal Article
Anesi, V., & Seidmann, D. J. (2014). Bargaining over an endogenous agenda. Theoretical Economics, 9(2), https://doi.org/10.3982/TE1318

We present a model of bargaining in which a committee searches over the policy space, successively amending the default by voting over proposals. Bargaining ends when proposers are unable or unwilling to amend the existing default, which is then impl... Read More about Bargaining over an endogenous agenda.

Self-selection into laboratory experiments: pro-social motives versus monetary incentives (2014)
Journal Article
Abeler, J., & Nosenzo, D. (2014). Self-selection into laboratory experiments: pro-social motives versus monetary incentives. Experimental Economics, 18(2), https://doi.org/10.1007/s10683-014-9397-9

Laboratory experiments have become a wide-spread tool in economic research. Yet, there is still doubt about how well the results from lab experiments generalize to other settings. In this paper, we investigate the self-selection process of potential... Read More about Self-selection into laboratory experiments: pro-social motives versus monetary incentives.

The effects of public spending composition on firm productivity (2014)
Journal Article
Kneller, R., & Misch, F. (2014). The effects of public spending composition on firm productivity. Economic Inquiry, 52(4), https://doi.org/10.1111/ecin.12092

This paper exploits the unique institutional features of South Africa to estimate the impact of provincial public spending on firm productivity. In contrast to existing microeconomic evidence, we explore the effects of fiscal expenditures and remove... Read More about The effects of public spending composition on firm productivity.

Civil war and U.S. foreign influence (2014)
Journal Article
Albornoz, F., & Hauk, E. (2014). Civil war and U.S. foreign influence. Journal of Development Economics, 110, 64-78. https://doi.org/10.1016/j.jdeveco.2014.05.002

We study how foreign interventions affect civil war around the world. In an infinitely repeated game we combine a gambling for resurrection mechanism for the influencing country with the canonical bargaining model of war in the influenced country to... Read More about Civil war and U.S. foreign influence.

Work and tax evasion incentive effects of social insurance programs (2014)
Journal Article
Bergolo, M., & Cruces, G. (2014). Work and tax evasion incentive effects of social insurance programs. Journal of Public Economics, 117, 211-228. https://doi.org/10.1016/j.jpubeco.2014.04.015

This article studies how social insurance programs shape individual's incentives to take up registered employment and to report earnings to the tax authorities. The analysis is based on a social insurance reform in Uruguay that extended healthcare co... Read More about Work and tax evasion incentive effects of social insurance programs.

Promoting cooperation: the distribution of reward and punishment power (2014)
Book Chapter
Nosenzo, D., & Sefton, M. (2014). Promoting cooperation: the distribution of reward and punishment power. In P. A. Van Lange, B. Rockenbach, & T. Yamagishi (Eds.), Reward and punishment in social dilemmas. Oxford University Press

Recent work in experimental economics on the effectiveness of rewards and punishments for promoting cooperation mainly examines decentralized incentive systems where all group members can reward and/or punish one another. Many self-organizing groups... Read More about Promoting cooperation: the distribution of reward and punishment power.

Self-control, financial literacy & the co-holding puzzle (2014)
Journal Article
Gathergood, J., & Weber, J. (2014). Self-control, financial literacy & the co-holding puzzle. Journal of Economic Behavior and Organization, 107, https://doi.org/10.1016/j.jebo.2014.04.018

We use UK survey data to analyze the puzzling co-existence of high cost revolving consumer credit alongside low yield liquid savings in household balance sheets, which we name the ‘co-holding puzzle'. Approximately 12% of households in our sample co-... Read More about Self-control, financial literacy & the co-holding puzzle.