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We experimentally test different rule-based contribution mechanisms in a repeated 4-player public goods game with endowment heterogeneity and compare them to a VCM, distinguishing between a random- and an effort-based allocation of endowments. We find that endowment heterogeneities limit the...
Persistent link: https://www.econbiz.de/10010405141
This paper analyzes the impact of information and communication technologies (ICT) on economic growth in developing, emerging and developed countries. It is based on a sample of 59 countries for the period 1995 to 2010. Various panel data regressions confirm the positive relationship between ICT...
Persistent link: https://www.econbiz.de/10010458249
In this paper, we extend the Fehr and Schmidt model of inequality aversion to a situation where the players differ with respect to their benefits and costs from contributions to a non-linear public good. A necessary condition for contributing to the public good is that the players’ benefit...
Persistent link: https://www.econbiz.de/10009244226
Recent contributions to the theoretical and experimental literature suggest that minimum participation rules (MPRs) are able to reduce free-riding incentives and may facilitate cooperation (or at least coordination) at the extensive margin of international environmental agreements. Based on a...
Persistent link: https://www.econbiz.de/10010477133
, we investigate transmission channels. We link border changes to geocoded conflict data and survey evidence on political …
Persistent link: https://www.econbiz.de/10012006627
conflict data and survey evidence on political attitudes as well as service delivery. We find that the differences between …
Persistent link: https://www.econbiz.de/10011850399
Religion is increasingly acknowledged to be a cultural dimension which affects economic outcomes in different regards …. This contribution focuses on religion’s possible impact on the shadow economy. Different dimensions of the religious … religions, religious competition or the proximity between religion and the state. The empirical test makes use of the largest …
Persistent link: https://www.econbiz.de/10009129748
The discussion about country-specific influence on the interest rate decisions of the European Central Bank does not cease. To investigate the possibility of regional influence on the determination of the policy rate, we estimate Taylor-type reaction functions for the period from 1999 to 2005...
Persistent link: https://www.econbiz.de/10003357001
We provide new evidence on the short-run effect of elections on monetary aggregates. We study month-to-month fluctuations in the growth rate of M1 in a sample of 85 low and middle income democracies from 1975 to 2009. The evidence shows an increase in the growth rate of M1 during election months...
Persistent link: https://www.econbiz.de/10010491768
This study provides detailed evidence on the transistion state of Central and Eastern Europe (CEE) countries. It draws on data from a survey conducted among portfolio managers of Western investment funds thereby making use of the knowledge of experts in CEE markets. The approach of the study is...
Persistent link: https://www.econbiz.de/10011442996