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Fairness considerations are important determinants of behavior in unstructured bargaining situations with equal bargaining power. If the surplus over which the bargaining takes place was created by separate, individual efforts, several entitlement-related fairness ideals might be relevant. In...
Persistent link: https://www.econbiz.de/10010778646
This paper reports the results of a questionnaire study used to explore the economic understanding, normative positions along the egalitarian-libertarian spectrum, and the party preferences of a large student sample. The aim of the study is both to find socio-economic determinants of normative...
Persistent link: https://www.econbiz.de/10010778647
Empirical estimations of the New Keynesian Phillips curve support hybrid versions with a positive weight on lagged infl ation and a weight less than one on expected infl ation. We argue that myopic price setting of some agents explains the low weight on expected infl ation. The lagged term can...
Persistent link: https://www.econbiz.de/10009321163
I examine the determinants of both perceived inflation and unemployment in one single survey and include personality traits (BFI-S) in the analysis. This is the first survey on this topic in Germany. My sample consists of 1,771 students from different fields and levels. Using PhD students’...
Persistent link: https://www.econbiz.de/10010684805
Empirical estimations of the New Keynesian Phillips curve support hybrid versions with a positive weight on lagged inflation and a weight less than one on expected inflation. We argue that myopic price setting of some agents explains the low weight on expected inflation. The lagged term can be...
Persistent link: https://www.econbiz.de/10010703124
Persistent link: https://www.econbiz.de/10005382498
Fairness considerations are important determinants of behavior in unstructured bargaining situations with equal bargaining power. If the surplus over which the bargaining takes place was created by separate, individual efforts, several entitlement-related fairness ideals might be relevant. In...
Persistent link: https://www.econbiz.de/10010890966
Nominaleinkommensdaten werden sowohl in politischen Debatten als auch in der ökonomischen Forschung häufig verwendet. Jedoch sollten für Wohlfahrtsvergleiche und Überprüfungen von ökonomischen Theorien reale – d.h. preisniveaubereinigte – Einkommen verwendet werden. Diese Arbeit...
Persistent link: https://www.econbiz.de/10010994678
International and regional integration are accompanied by the fear that the reduction of trade barriers might change the spatial distribution of economic activity radically. In the past decade, the 'New Economic Geography' has developed as a theory explaining some of the forces which might...
Persistent link: https://www.econbiz.de/10005686562
This paper presents a regional economic model in which increasing returns to scale in the production of non-traded consumer services cause the agglomeration of high-skilled workers in one region. The residential choice of high-skilled individuals exerts a pecuniary externality on immobile...
Persistent link: https://www.econbiz.de/10005642195