All Outputs (568)

Social mindfulness and prosociality vary across the globe (2021)
Journal Article
Van Doesum, N. J., Murphy, R. O., Gallucci, M., Aharonov-Majar, E., Athenstaedt, U., Au, W. T., …Van Lange, P. A. M. (2021). Social mindfulness and prosociality vary across the globe. Proceedings of the National Academy of Sciences, 118(35), Article e2023846118. https://doi.org/10.1073/pnas.2023846118

Humans are social animals, but not everyone will be mindful of others to the same extent. Individual differences have been found, but would social mindfulness also be shaped by one’s location in the world? Expecting cross-national differences to exis... Read More about Social mindfulness and prosociality vary across the globe.

Individual-level loss aversion in riskless and risky choices (2021)
Journal Article
Gächter, S., Johnson, E. J., & Herrmann, A. (2022). Individual-level loss aversion in riskless and risky choices. Theory and Decision, 92(3-4), 599-624. https://doi.org/10.1007/s11238-021-09839-8

Loss aversion can occur in riskless and risky choices. We present novel evidence on both in a non-student sample (660 randomly selected customers of a car manufacturer). We measure loss aversion in riskless choice in endowment effect experiments with... Read More about Individual-level loss aversion in riskless and risky choices.

Confidence snowballing and relative performance feedback (2021)
Journal Article
Murad, Z., & Starmer, C. (2021). Confidence snowballing and relative performance feedback. Journal of Economic Behavior and Organization, 190, 550-572. https://doi.org/10.1016/j.jebo.2021.08.006

We investigate whether uninformative relative performance feedback can create biases in confidence leading it to 'snowball'. We study elicited confidence about own performance, relative to other group members, in three stages. As subjects move across... Read More about Confidence snowballing and relative performance feedback.

Disability in Uganda: a medical intervention to measure gendered impacts on functional independence and labour-market outcomes (2021)
Journal Article
Abubakar, A., Bridges, S., Gaggero, A., & Owens, T. (2021). Disability in Uganda: a medical intervention to measure gendered impacts on functional independence and labour-market outcomes. Oxford Development Studies, 49(4), 324-336. https://doi.org/10.1080/13600818.2021.1959539

Using data from an orthotic intervention in Kampala, Uganda, this paper estimates the health and economic impacts of providing orthotic equipment to adults with lower limb disabilities. We examine changes to: (i) functional mobility and (ii) labour m... Read More about Disability in Uganda: a medical intervention to measure gendered impacts on functional independence and labour-market outcomes.

Regime Stability and the Persistence of Traditional Practices (2021)
Journal Article
Poyker, M. (2023). Regime Stability and the Persistence of Traditional Practices. Review of Economics and Statistics, 105(5), 1175-1190. https://doi.org/10.1162/rest_a_01078

This paper investigates the role of national institutions on the persistence of cultural norms and traditions. In particular, I examine why the harmful tradition of fe-male genital mutilation persists in certain African countries while in others it h... Read More about Regime Stability and the Persistence of Traditional Practices.

The Wounds That Do Not Heal: The Lifetime Scar of Youth Unemployment (2021)
Journal Article
De Fraja, G., Lemos, S., & Rockey, J. (2021). The Wounds That Do Not Heal: The Lifetime Scar of Youth Unemployment. Economica, 88(352), 896-941. https://doi.org/10.1111/ecca.12384

This paper uses UK administrative data to study the long-term effects of unemployment on earnings. It is the first paper to pinpoint accurately the relative importance of the timing of employment shocks within workers' lives. We find a strong effect... Read More about The Wounds That Do Not Heal: The Lifetime Scar of Youth Unemployment.

Skill-Biased Structural Change (2021)
Journal Article
Buera, F. J., Kaboski, J. P., Rogerson, R., & Vizcaino, J. I. (2022). Skill-Biased Structural Change. Review of Economic Studies, 89(2), 592–625. https://doi.org/10.1093/restud/rdab035

Using a broad panel of advanced economies, we document that increases in GDP per capita are associated with a systematic shift in the composition of value added to sectors that are intensive in high-skill labour, a process we label as skill-biased st... Read More about Skill-Biased Structural Change.

The economic impact of political instability and mass civil protest (2021)
Journal Article
Matta, S., Bleaney, M., & Appleton, S. (2022). The economic impact of political instability and mass civil protest. Economics and Politics, 34(1), 253-270. https://doi.org/10.1111/ecpo.12197

An extensive literature has examined the economic effects of non-violent political instability events. Nonetheless, the issue of whether economies react differently over time to such events remains largely unexplored. Using synthetic control methodol... Read More about The economic impact of political instability and mass civil protest.

The value-added tax and growth: design matters (2021)
Journal Article
Acosta-Ormaechea, S., & Morozumi, A. (2021). The value-added tax and growth: design matters. International Tax and Public Finance, 28(5), 1211-1241. https://doi.org/10.1007/s10797-021-09681-2

Previous research has shown that changes in the composition of tax revenue affect long-run growth. However, little is yet known about whether the way tax revenue is raised matters for growth. This paper examines whether, in the context of OECD countr... Read More about The value-added tax and growth: design matters.

A self-funding reward mechanism for tax compliance (2021)
Journal Article
Fatas, E., Nosenzo, D., Sefton, M., & Zizzo, D. J. (2021). A self-funding reward mechanism for tax compliance. Journal of Economic Psychology, 86, Article 102421. https://doi.org/10.1016/j.joep.2021.102421

We compare in a laboratory experiment two audit-based tax compliance mechanisms that collect fines from those found non-compliant. The mechanisms differ in the way fines are redistributed to individuals who were either not audited or audited and foun... Read More about A self-funding reward mechanism for tax compliance.

Do dictators signal strength with electoral fraud? (2021)
Journal Article
Ananyev, M., & Poyker, M. (2022). Do dictators signal strength with electoral fraud?. European Journal of Political Economy, 71, Article 102075. https://doi.org/10.1016/j.ejpoleco.2021.102075

What role does electoral fraud play in nondemocracies? In this paper, we offer an empirical test of a popular idea that authoritarian governments use elections to engineer overwhelming victories with electoral fraud thus deterring potential oppositio... Read More about Do dictators signal strength with electoral fraud?.

The Attraction and Compromise Effects in Bargaining: Experimental Evidence (2021)
Journal Article
Galeotti, F., Montero, M., & Poulsen, A. (2022). The Attraction and Compromise Effects in Bargaining: Experimental Evidence. Management Science, 68(4), 2377-3174. https://doi.org/10.1287/mnsc.2021.4025

We experimentally investigate, in an unstructured bargaining environment with commonly known money payoffs, the attraction effect and compromise effect (AE and CE) in bargaining, namely, a tendency for bargainers to agree to an intermediate option (C... Read More about The Attraction and Compromise Effects in Bargaining: Experimental Evidence.

Contextualised strong reciprocity explains selfless cooperation despite selfish intuitions and weak social heuristics (2021)
Journal Article
Isler, O., Gächter, S., Maule, A. J., & Starmer, C. (2021). Contextualised strong reciprocity explains selfless cooperation despite selfish intuitions and weak social heuristics. Scientific Reports, 11(1), Article 13868. https://doi.org/10.1038/s41598-021-93412-4

Humans frequently cooperate for collective benefit, even in one-shot social dilemmas. This provides a challenge for theories of cooperation. Two views focus on intuitions but offer conflicting explanations. The Social Heuristics Hypothesis argues tha... Read More about Contextualised strong reciprocity explains selfless cooperation despite selfish intuitions and weak social heuristics.

Acquirers and financial constraints: Theory and evidence from emerging markets (2021)
Journal Article
Mukherjee, R., & Proebsting, C. (2021). Acquirers and financial constraints: Theory and evidence from emerging markets. Journal of International Money and Finance, 117, Article 102440. https://doi.org/10.1016/j.jimonfin.2021.102440

Financial crises in emerging market economies induce diverging patterns of ownership stakes and subsequent divestiture rates among domestic and foreign acquirers. We rationalize these empirical findings in a tractable model where domestic acquirers a... Read More about Acquirers and financial constraints: Theory and evidence from emerging markets.

A Theory of Outside Equity: Financing Multiple Projects (2021)
Journal Article
Bougheas, S., & Wang, T. (2021). A Theory of Outside Equity: Financing Multiple Projects. Journal of Corporate Finance, 69, Article 102025. https://doi.org/10.1016/j.jcorpfin.2021.102025

In the financial economics literature debt contracts provide optimal solutions for addressing managerial moral hazard problems. We analyze a model with multiple projects where the manager obtains private information about their quality after the cont... Read More about A Theory of Outside Equity: Financing Multiple Projects.

A test for strict stationarity in a random coefficient autoregressive model of order 1 (2021)
Journal Article
Trapani, L. (2021). A test for strict stationarity in a random coefficient autoregressive model of order 1. Statistics and Probability Letters, 177, Article 109164. https://doi.org/10.1016/j.spl.2021.109164

We propose a test for the null of strict stationarity in a Random Coefficient AutoRe-gression (RCAR) of order 1. The test can also be used in the case of a standard AR(1) model, and it can be applied under minimal requirements on the existence of mom... Read More about A test for strict stationarity in a random coefficient autoregressive model of order 1.

Disclosure of information under competition: An experimental study (2021)
Journal Article
Sheth, J. D. (2021). Disclosure of information under competition: An experimental study. Games and Economic Behavior, 129, 158-180. https://doi.org/10.1016/j.geb.2021.05.009

The theory of voluntary disclosure of information posits that market forces lead firms (senders) to disclose information through a process of unravelling. This prediction requires that consumers (receivers) hold correct beliefs and, in equilibrium, m... Read More about Disclosure of information under competition: An experimental study.

Foreign influence and domestic policy (2021)
Journal Article
Aidt, T. S., Albornoz, F., & Hauk, E. (2021). Foreign influence and domestic policy. Journal of Economic Literature, 59(2), 426-487. https://doi.org/10.1257/jel.20201481

In an interconnected world, economic and political interests inevitably reach beyond national borders. Since policy choices generate external economic and political costs, foreign state and non-state actors have an interest in influencing policy acti... Read More about Foreign influence and domestic policy.

Financial System Architecture and the Patterns of International Trade (2021)
Journal Article
Falvey, R., Defever, F., Bougheas, S., & Amissah, E. (2021). Financial System Architecture and the Patterns of International Trade. European Economic Review, 136, Article 103751. https://doi.org/10.1016/j.euroecorev.2021.103751

Countries differ in the extent to which their financial systems rely on banks or on financial markets. We offer a model featuring a complex relationship between countries’ financial system architecture and their comparative advantage. Countries with... Read More about Financial System Architecture and the Patterns of International Trade.

Have you Read This? An Empirical Comparison of the British REF Peer Review and the Italian VQR Bibliometric Algorithm (2021)
Journal Article
Checchi, D., Ciolfi, A., De Fraja, G., Mazzotta, I., & Verzillo, S. (2021). Have you Read This? An Empirical Comparison of the British REF Peer Review and the Italian VQR Bibliometric Algorithm. Economica, 88(352), 1107-1129. https://doi.org/10.1111/ecca.12373

This paper determines the assessment of the publications submitted to the UK research evaluation carried out in 2014, the REF, which would have resulted if they had been assessed with the bibliometric algorithm used by the Italian evaluation agency,... Read More about Have you Read This? An Empirical Comparison of the British REF Peer Review and the Italian VQR Bibliometric Algorithm.