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We investigate the effects of individuals’ name length on their labor market performance using Chinese data. The results indicate that the longer a person’s name, the higher their probability of employment but the lower their income. The optimal fullname (firstname) length with respect to...
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This study investigates a potential mechanism to promote coordination. With theoretical guidance using a belief-based learning model, we conduct a multi-period, binary-choice, and weakest-link laboratory coordination experiment to study the effect of gradualism - increasing the required levels...
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The purpose of this paper is focus directly on the phase shift. For one thing, we ask whether a sticky-price model economy can account for both countercyclical prices and procyclical inflation. We present findings in which the price level is countercyclical and the inflation rate is procyclical....
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