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Each worker belongs to either the majority or the minority group and, irrespective of the group she belongs to, can have good or bad work habits. These traits are transmitted from one generation to the next through a learning and imitation process which depends on parents' purposeful investment...
Persistent link: https://www.econbiz.de/10010267690
Monetary policy is most effective when public beliefs about future policies are actively managed. This is the appeal of policy rules and commitment strategies, typically absent under discretion. But when a policymaker has some private information - as is the case in reality - belief management...
Persistent link: https://www.econbiz.de/10011430072
As evidence is accumulating that subjective expectations influence behavior and that these expectations are sometimes biased, it becomes policy-relevant to know how to influence individuals' expectations. Information in the media is likely to affect how people picture the future. This paper...
Persistent link: https://www.econbiz.de/10010277212
Temporary and circular migration programs have been devised by many destination countries and supported by the European Commission as a policy to reduce welfare and social costs of immigration in destination countries. In this paper we present an additional reason for proposing temporary...
Persistent link: https://www.econbiz.de/10010278535
A well known and established model in communication policy in sociology and marketing is that of opinion leadership. Opinion leaders are actors in a society who are able to affect the behavior of other members called followers. Hence, opinion leaders might have a considerable impact on the...
Persistent link: https://www.econbiz.de/10010325902
A well-known model in sociology and marketing is that of opinion leadership. Opinion leaders are actors who are able to affect the behavior of their followers. Hence, opinion leaders have some power over their followers, and they can exercise this power by influencing their followers choice of...
Persistent link: https://www.econbiz.de/10010325928
The paper investigates how the income distribution affects the subjective well-being of society. Starting from the concept of a social welfare function defined on income distributions it assesses the preference for equality in European countries. It examines how mean income and the distribution...
Persistent link: https://www.econbiz.de/10010335528
Temporary and circular migration programs have been devised by many destination countries and supported by the European Commission as a policy to reduce welfare and social costs of immigration in destination countries. In this paper we present an additional reason for proposing temporary...
Persistent link: https://www.econbiz.de/10010335993