We take advantage of a natural experiment to document an emergence of a new price ending that has the same effects as 9-endings. In January 2014, the Israeli parliament has passed a law prohibiting the use of non 0-ending prices. We find that one year after 9-ending prices have disappeared,...

We take advantage of a natural experiment to document an emergence of a new price ending that has the same effects as 9-endings. In January 2014, the Israeli parliament has passed a law prohibiting the use of non 0-ending prices. We find that one year after 9-ending prices have disappeared,...

Prices that end with 9, also known as psychological price points, are common, comprising about 70% of the retail prices. They are also more rigid than other prices. We take advantage of a natural experiment to document an emergence of a new price ending that has the same effects as 9-endings. In...

The perception of risks associated with climate change appears to be a key factor for the support of climate policy measures. Using a generalized ordered logit approach and drawing on a unique data set originating from two surveys conducted in 2012 and 2014, each among more than 6,000 German...

This report updates and extends earlier assessments of quantitative inflation perceptions and expectations of consumers in the euro area and the EU using an anonymised micro data set collected by the European Commission in the context of the Harmonised EU Programme of Business and Consumer...

Using microdata that serve as the foundation of the ifo Business Climate Index, Germany's leading business cycle indicator, I examine whether political uncertainty influences how firm owners perceive their present state and future development of business. I use state election months as...

This work develops an evaluation framework to Arts-Based Brand Research (ABBR) to make methods comparable. Further the evaluation framework is used to compare four arts-based methods. It turned out that previous studies try to capture the brand image on a verbal cognitive level, but this...

Multinationale Firmen stehen zunehmend unter Druck, ihre Geschäfte nach ethischen Grundsätzen zu führen und den Wohlstand in den rohstoffproduzierenden Ländern zu fördern. Viele Unternehmen reagieren darauf, indem sie über ihre sozialen Auswirkungen berichten, wobei einigen von ihnen der...

Carbon capture and storage (CCS) is a technology that counteracts climate change by capturing atmospheric emissions of CO2 from human activities, storing them in geological formations underground. However, CCS also involves major risks and side effects, and faces strong public opposition....

It has been widely acknowledged that the effects of climate change are not gender neutral. However, existing studies on adaptation to climate change mainly focus on a comparison of male-headed and female-headed households. Aiming at a more nuanced gender analysis, this study examines how...

Um dem demografischen Wandel und dem damit ansteigenden Altersdurchschnitt in deutschen Unternehmen zu begegnen, werden Maßnahmen zur Gestaltung alternsgerechter Arbeitsplätze umgesetzt. Eine dieser Maßnahmen ist die Job Rotation, unter der ein systematischer Arbeitsplatzwechsel verstanden...

This paper examines subjective social status to test whether individual comparisons are driven by income and wealth, or social and cultural capital as defined by Bourdieu. The empirical analysis uses a cross-sectional data set of 18 European countries and a mixed model with an MCMC estimation...

This paper shows that higher levels of perceived wage inequality are associated with a weaker (stronger) belief into meritocratic (non-meritocratic) principles as being important in determining individual wages. This finding is robust to the use of an instrumental-variable estimation strategy...

This study analyzes the stability of preferences through the lens of psychological motives. We report the results of a public goods experiment in which subjects were induced with the motives of Care and Anger through autobiographical recall. Subjects' preferences, beliefs, and perceptions under...

We examine sources of biased terror perceptions. In particular, we investigate how international experts of the IFO World Economic Survey assess the effect of terror on the world economy and the economy of their own country. The results show that respondents from terror stricken countries have...

The implications of the experience in Europe with telecommunications policy design and broadband Internet development have become a contested area of policy debate, both in Europe and in other countries. This paper evaluates the manner in which the European experience has been characterized in...

During the last few years the concerns regarding the youth in the European Union have become a topic of high interest for the European Commission. The official data gathered by the European authorities show that the early school leaving and youth unemployment, coined under the umbrella term of...

The accounting profession is evolving aiming at responding in an adequate manner to the society’s requirements dominated by the IT insertion in all the aspects of the life. The IT knowledge and skills needed by the accounting professionals are increased and the accounting faculties are...

This paper investigates whether individual control-perception affects the probability of becoming poor, and vice versa, whether poverty experiences can be detrimental to these traits later on. The former relation is intuitive as control related traits underlay many idiosyncratic determinants of...

This paper shows that higher levels of perceived wage inequality are associated with a weaker (stronger) belief into meritocratic (non-meritocratic) principles as being important in determining individual wages. This finding is robust to the use of an instrumental-variable estimation strategy...

Comparative quantitative research into the causes, responses to, and effects of banking crisis uses two series of crisis data: Reinhart and Rogoff (2009, 2010) and Laeven and Valencia (2013, and their predecessors). While these data sets provide broad coverage, the measures they code have...

Research has shown that employees' innovative work behaviour is important for the competitive advantage of organizations. However, the question of how this innovative work behaviour can be stimulated remains unanswered. The purpose of this paper is to test empirically the effect of perceptions...

Purpose -The purpose of this paper is to analyse whether innovators perceive corruption to be systematically more important than non-innovators across different post-transition EU countries. Design/methodology/approach -We use the Business Environment Survey (BEEPS V) data. The sample consists...

Concepts of new school governance did considerably change the role and responsibilities of school principals. Due to the shift in their role from administrator to manager, recent research tends to focus on management activity, but little is still known about the interrelation between changing...

There is a direct correlation between the state of environment and environmental quality perception of individuals residing in the geographical entity. This study, working on the assumption that the more the awareness of quality environment the more the tendency to improve it examined the...

This paper studies the dynamics of sovereign risk, fiscal policy and the macroeconomy in a two-country monetary union framework under the assumption of a heterogeneous perception of the determinants of sovereign risk by the government and the market participants. The macroeconomic volatility...

In this paper the Social Institutions and Gender Index (SIGI) is constructed with Principal Component Analysis (PCA) and Partial Least Squares (PLS). Using the SIGI, we test the effects of social institutions related to gender inequality on several development outcomes, such as female education,...

This paper presents a simple conceptual framework specifically tailored to measure individual perceptions of wage inequality. Using internationally comparable survey data, the empirical part of the paper documents that there is huge variation in inequality perceptions both across and within...