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Linking savings behavior, confidence and individual feedback: A field experiment in Ethiopia

Avdeenko, Alexandra; Bohne, Albrecht; Frölich, Markus - 2019

health, education, and agricultural investments. We causally identify a strong increase in savings to a soft commitment …In this paper we investigate behavioral constraints to savings among smallholder farmers in rural Ethiopia. Increasing … savings by overcoming such behavioral constraints has been documented to have positive effects on various outcomes such as …

Persistent link: https://www.econbiz.de/10012140942

The value of decentralization using the blockchain

Reuter, Marco - 2022

blockchain provides is commitment. I develop a model of an entrepreneur, who can create a network for her users. She can decide …

Persistent link: https://www.econbiz.de/10013464278

Contract design with limited commitment

Gretschko, Vitali; Wambach, Achim - 2018

-to-use tool to analyze contracting problems with limited commitment. We apply the solution concept to a setting with a continuous …

Persistent link: https://www.econbiz.de/10011946258

Incomplete contracts in dynamic procurement

Gretschko, Vitali; Pollrich, Martin - 2019

We analyze the problem of a buyer who purchases a long-term project from one of several suppliers. A changing state of the world influences the costs of the suppliers. Complete contracts conditioning on all future realizations of the state are infeasible. We show that contractual incompleteness...

Persistent link: https://www.econbiz.de/10012105660

Anti-corruption campaign in China: An empirical investigation

Yang, Li; Milanović, Branko; Lin, Yaoqi - 2023

Using official information published by Central Commission for Discipline Inspection (CCDI) of the CPC, we construct a database of officials who have been found guilty of corruption in China in the period 2012-21 with their personal characteristics and the amount of embezzled funds. We use it to...

Persistent link: https://www.econbiz.de/10014446323

The effects of public spending composition on firm productivity

Kneller, Richard; Misch, Florian - 2013

This paper exploits the unique institutional features of South Africa to estimate the impact of provincial public spending on health, education and transport on firm productivity. Our identification strategy is based on within industry-province differences between firms of the effects of public...

Persistent link: https://www.econbiz.de/10010311773

Using surveys of business perceptions as a guide to growth-enhancing fiscal reforms

Misch, Florian; Gemmell, Norman; Kneller, Richard - 2013

This paper assesses the merits of using surveys of business perceptions of growth constraints as a guide to growth-enhancing fiscal policy reforms. Using endogenous growth models in which the government levies an income tax to provide public inputs to the production of private firms, the paper...

Persistent link: https://www.econbiz.de/10010311775

R&D and Firm Performance in a Transition Economy

Czarnitzki, Dirk; Kraft, Kornelius - 2006

We estimate the effects of R&D on firms' credit ratings and on financial distress. The main purpose is the comparison of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on firm value proxied by ratings in Western Germany, but a...

Persistent link: https://www.econbiz.de/10010297541

Corporate finance and restructuring: evidence from Central and Eastern Europe

Köke, Jens; Salem, Tanja - 2000

After the end of communism enterprises in Central and Eastern Europe (CEE) were marked by low levels of labor productivity, mainly because of too high employment levels. According to economic theory, the corporate capital structure can be an important element in the restructuring process. But...

Persistent link: https://www.econbiz.de/10010297684

Climate protection potentials of digitalized production processes: Microeconometric evidence?

Axenbeck, Janna; Niebel, Thomas - 2021

Although information and communication technologies (ICT) consume energy themselves, they are considered to have the potential to reduce overall energy intensity within economic sectors. While previous empirical evidence is based on aggregated data, this is the first large-scale empirical study...

Persistent link: https://www.econbiz.de/10012876068