KyklosPub Date : 2025-03-21DOI: 10.1111/kykl.12451
Cristina Miragaya-Casillas, Raimundo Aguayo-Estremera, Alberto Ruiz-Villaverde
{"title":"Are Business Students More Self-Interested Than Law Students? A Longitudinal Study","authors":"Cristina Miragaya-Casillas, Raimundo Aguayo-Estremera, Alberto Ruiz-Villaverde","doi":"10.1111/kykl.12451","DOIUrl":"https://doi.org/10.1111/kykl.12451","url":null,"abstract":"<p>Substantial academic debate exists regarding whether students with economics training exhibit distinct behavioral patterns that differentiate them from students in other academic disciplines. On one hand, the debate remains open due to the heterogeneity of the results. On the other hand, establishing the reasons for these possible differences is complicated. The existing academic literature proposes two explanatory hypotheses: self-selection and indoctrination. Most of the current results support a self-selection effect and reject indoctrination. Despite this, most studies present methodological limitations that should be considered. This study aims to address and overcome these limitations. To enhance our understanding of the potential effects stemming from economic training, it contributes to the existing literature in three main ways: Firstly, it conducts a longitudinal study of self- and other-interested behavior in university students following a standard microeconomics course. Secondly, it employs a novel instrument to measure self- and other-interest, with strong psychometric properties of validity and reliability. Thirdly, the sample is limited to business and law students to ensure homogeneity in the comparison. Our results suggest the existence of behavioral differences, mainly due to the self-selection effect. No evidence was found to suggest an indoctrination effect from the study of microeconomics.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"78 3","pages":"922-933"},"PeriodicalIF":1.5,"publicationDate":"2025-03-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.12451","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144524767","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
KyklosPub Date : 2025-03-21DOI: 10.1111/kykl.12449
Nabamita Dutta, Adam Stivers, Russell S. Sobel
{"title":"To Equality: Gendered Outcomes, Economic Freedom & Gender Laws","authors":"Nabamita Dutta, Adam Stivers, Russell S. Sobel","doi":"10.1111/kykl.12449","DOIUrl":"https://doi.org/10.1111/kykl.12449","url":null,"abstract":"<div>\u0000 \u0000 <p>While prior literature has found that greater economic freedom improves economic growth, development, and productive entrepreneurship, the literature is mixed on economic freedom's impact on gender outcomes. We add to this literature by exploring several measures of gender outcome gaps in employment, financial inclusion, and education utilizing the women, business, and law index from the World Bank to proxy for the strength of legal institutions for women. Employing the Fraser Institute's economic freedom of the world index as our measure of economic institutions, our results show that greater economic freedom only results in improved (relative) gender outcomes when strong legal institutions are available to women. Thus, while improving economic freedom as a path to development and growth is important, the benefits for gender outcomes clearly depend upon the extent to which a country's underlying laws and legal institutions provide equal treatment to women and men. In areas where legal institutions are most discriminatory against women, higher economic freedom actually seems to have a negative impact on (relative) gender outcomes. We test the robustness of our results and examine the findings for (relative) gender equality in non-market areas such as political representation and health outcomes.</p>\u0000 </div>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"78 3","pages":"896-921"},"PeriodicalIF":1.5,"publicationDate":"2025-03-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144525143","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
KyklosPub Date : 2025-03-10DOI: 10.1111/kykl.12447
Marina Murat
{"title":"Citizenship, Math and Gender: Exploring Immigrant Students' Choice of Majors","authors":"Marina Murat","doi":"10.1111/kykl.12447","DOIUrl":"https://doi.org/10.1111/kykl.12447","url":null,"abstract":"<p>This study examines the impact of host-country citizenship on immigrant students' choice of academic majors, using data from an Italian university and incorporating characteristics of students' countries of origin. The analysis focuses on enrolment in fields of study categorized by mathematical content. The findings reveal three main points: First, obtaining citizenship reduces the likelihood of choosing math-related disciplines; second, this effect is more pronounced among women, further widening the gender gap in math-intensive fields; and third, these gaps are larger among students from more gender-equal countries but are less affected by the acquisition of citizenship. These results are supported by matching techniques, two-stage least squares, and robustness and sensitivity analyses. Given that math-intensive fields are linked to higher earning potential, the findings suggest that investment in mathematical skills may serve as a safeguard against labour market risks—a necessity that lessens upon acquiring citizenship, especially for women. Although this shift could adversely affect future earnings, it also contributes to a more even distribution of students across disciplines, potentially enhancing diversity in occupations where immigrants are traditionally under-represented.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"78 3","pages":"874-895"},"PeriodicalIF":1.5,"publicationDate":"2025-03-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.12447","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144525009","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
KyklosPub Date : 2025-03-06DOI: 10.1111/kykl.12446
Francesco Angelini, Massimiliano Castellani, Pierpaolo Pattitoni
{"title":"Evaluating Chef's Creativity and Restaurant Quality: An Empirical Analysis of the Role of Gastronomic Guides in the Italian Fine-Dining Market","authors":"Francesco Angelini, Massimiliano Castellani, Pierpaolo Pattitoni","doi":"10.1111/kykl.12446","DOIUrl":"https://doi.org/10.1111/kykl.12446","url":null,"abstract":"<p>The quality of fine-dining restaurant food is complex and presents information issues in customers' quality evaluation, configuring this good as a luxury and cultural good. We investigate the role of experts in influencing customers' evaluation and other stakeholders' characteristics in such a sector by analyzing a dataset of top Italian chefs and restaurants from 2011 to 2019. To complement these data, we directly surveyed starred chefs to get their self-assessment. We use a structural equation model to measure cooking knowledge, culinary creativity, chefs' and restaurants' names, and experts' and customers' evaluations. We analyze the relationships between these constructs and variables like meal prices, seating capacity, tourist and resident numbers, and chef's age. Guides play a significant role in shaping customers' evaluations and influencing prices. Furthermore, fine dining experts focus more on evaluating the businesses themselves, the supply side, rather than the chefs' creation process, the “creative side”.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"78 3","pages":"852-873"},"PeriodicalIF":1.5,"publicationDate":"2025-03-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.12446","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144524995","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
KyklosPub Date : 2025-02-24DOI: 10.1111/kykl.12442
Armin A. Bolouri, Tim Lohse, Salmai Qari
{"title":"Interdependent Preferences for Financing and Providing Public Goods—The Case of National Defense","authors":"Armin A. Bolouri, Tim Lohse, Salmai Qari","doi":"10.1111/kykl.12442","DOIUrl":"https://doi.org/10.1111/kykl.12442","url":null,"abstract":"<p>Governments often choose deficit financing over budget cuts or tax increases to fund public goods, driven by the political unpopularity of the latter options. This study investigates the potential trade-off between maintaining prudent public finances and securing voter support by analyzing the relationship between preferences for the provision and financing of public goods. We use a survey-based discrete choice experiment with 1808 respondents representative of the German population. Focusing on national defense as a case study, our findings reveal a strong interdependence between spending and financing preferences: individuals who highly value defense readiness and are aware of its costs tend to support deficit-neutral budgeting, favoring tax increases to finance budget expansions. Conversely, those less supportive of defense expenditure prefer debt issuance and budget consolidation, avoiding immediate cost-bearing. Additionally, preferences vary by political and sociodemographic characteristics. These results indicate that citizens' preferences are interdependent, influenced by both revenues and expenditures in the public budget. Moreover, they suggest that prudent fiscal policies aligned with public support—such as tax-based financing for defense—may be politically feasible. Policymakers can leverage these insights to design fiscal strategies that reflect voter priorities, thereby reducing the risk of electoral backlash and promoting sustainable public finances.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"78 3","pages":"807-821"},"PeriodicalIF":1.5,"publicationDate":"2025-02-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.12442","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144525124","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
KyklosPub Date : 2025-02-24DOI: 10.1111/kykl.12443
Christophe Abi-Nassif, Asif Mohammed Islam, Daniel Lederman
{"title":"Perceptions, Contagion, and Civil Unrest","authors":"Christophe Abi-Nassif, Asif Mohammed Islam, Daniel Lederman","doi":"10.1111/kykl.12443","DOIUrl":"https://doi.org/10.1111/kykl.12443","url":null,"abstract":"<div>\u0000 \u0000 <p>This paper investigates the impact of citizens' perceptions of economic and political conditions on nonviolent uprisings. For a global sample of high-income (Europe) and developing economies (Sub-Saharan Africa, South Asia, East Asia and the Pacific, Latin America, and Middle East and North Africa), on average, negative perceptions of political conditions have a significant positive effect on the number of anti-government protests and general strikes while negative perceptions of economic conditions do not, even after accounting for actual economic conditions and the quality of governance. This holds for European and high-income countries but not for developing economies where both economic and political perceptions matter. The international contagion of protests attenuates this regional heterogeneity, possibly implying that in Europe, the incidence of uprisings in nearby countries tends to generate protests at home through its effect on political perceptions. This invites the possibility of countries perennially facing vicious cycles of protests. Overall, the effects of political perceptions and protest contagion are robust to the inclusion of numerous control variables, seemingly valid instrumental variables, alternative count-data estimators, and sample composition.</p>\u0000 </div>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"78 3","pages":"822-851"},"PeriodicalIF":1.5,"publicationDate":"2025-02-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144525125","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
KyklosPub Date : 2025-02-17DOI: 10.1111/kykl.12445
Nhan Thanh Trinh, Khoa Anh Trinh
{"title":"Spatial Spillover Effects of Corruption Controls: Focusing on the Public Sector in Vietnam","authors":"Nhan Thanh Trinh, Khoa Anh Trinh","doi":"10.1111/kykl.12445","DOIUrl":"https://doi.org/10.1111/kykl.12445","url":null,"abstract":"<div>\u0000 \u0000 <p>This study contributes to the literature on corruption by exploring the impact of corruption controls in one region on corruption in other regions within a country, known as the spatial spillover effect. Specifically, using spatial econometric models and a panel dataset from all 63 provinces in Vietnam during the 2011–2023 period, the study finds that the spatial spillover effect of corruption controls on corruption can function through three main channels: (1) Corruption controls directly impact corruption within a province, subsequently affecting corruption in neighbouring provinces through the spatial spillover effect of corruption; (2) corruption control practices directly affect corruption in neighbouring provinces; and (3) corruption control practices in the given province affect corruption control practices in neighbouring provinces, changing corruption there. However, this effect is primarily generated by the adjacent provinces and dramatically diminishes corresponding to the increase in distance between provinces. The results also suggest that the effect of current corruption control efforts is more potent than the past efforts. These findings offer valuable information to policymakers enacting anticorruption initiatives.</p>\u0000 </div>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"78 3","pages":"787-806"},"PeriodicalIF":1.5,"publicationDate":"2025-02-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144525203","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
KyklosPub Date : 2025-02-13DOI: 10.1111/kykl.12444
Aggela Papadopoulou
{"title":"Public Debt and the Income Share of the Top One Percent: The Italian Case, 1974–2019","authors":"Aggela Papadopoulou","doi":"10.1111/kykl.12444","DOIUrl":"https://doi.org/10.1111/kykl.12444","url":null,"abstract":"<div>\u0000 \u0000 <p>This paper provides evidence that government debt is associated with increases in the income share of the top 1% in Italy between 1974 and 2019. The main argument of this study is that public debt ownership is highly concentrated at the top and interest payments on sovereign bonds are received by the wealthy bondholders. As the tax burden of financing interest payments falls on the entire population, public debt often entails a redistribution of income within a country. On top of that, modern bondholders rarely keep government bonds until maturity; rather they regularly trade in secondary markets to receive capital gains. This paper explores both historically and econometrically the two mechanisms and highlights the relevant importance of coupon payments on the Italian sovereign bonds for rising income inequality. Finally, this is the first paper to examine the drivers of the income share of the top 1% in Italy.</p>\u0000 </div>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"78 3","pages":"775-786"},"PeriodicalIF":1.5,"publicationDate":"2025-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144524553","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
KyklosPub Date : 2025-02-11DOI: 10.1111/kykl.12441
Kelsey J. O'Connor, Stefano Bartolini
{"title":"Effects of Teaching Practices on Life Satisfaction and Test Scores: Evidence From the Program for International Student Assessment (PISA)","authors":"Kelsey J. O'Connor, Stefano Bartolini","doi":"10.1111/kykl.12441","DOIUrl":"https://doi.org/10.1111/kykl.12441","url":null,"abstract":"<div>\u0000 \u0000 <p>Schools present an ideal setting for intervention. We demonstrate that a greater prevalence of group discussion used in schools positively affects students' life satisfaction and noncognitive skills, and has no negative impact on test scores, based on a sample from the 2015 PISA, which includes more than 35 thousand students from approximately 1500 schools in 14 countries. We perform regressions of student life satisfaction on school-level group discussion and lecturing, including a battery of controls and random intercepts by school. For robustness, we use instrumental variables and methods to account for school-selection. The impact of group discussion is meaningful—a one-standard-deviation increase leads to an increase in life satisfaction that is about one-half of the negative-association with grade repetition. In contrast, lecturing does not have any effects. We are the first to show group discussion improves student life satisfaction and noncognitive skills, and thereby likely positively affects later-life outcomes.</p>\u0000 </div>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"78 3","pages":"749-774"},"PeriodicalIF":1.5,"publicationDate":"2025-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144524882","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
KyklosPub Date : 2025-02-04DOI: 10.1111/kykl.12440
Raluca Pavel, Bernur Acikgoz, Jean-Christophe Poudou, Marc Willinger
{"title":"Statute of Limitations for Tax Evasion","authors":"Raluca Pavel, Bernur Acikgoz, Jean-Christophe Poudou, Marc Willinger","doi":"10.1111/kykl.12440","DOIUrl":"https://doi.org/10.1111/kykl.12440","url":null,"abstract":"<p>We investigate the effects of retroactive audits and varying statutes of limitations on tax compliance through a laboratory experiment. First, we solve a dynamic model using Bellman's solution to show that longer limitation periods promote compliance by raising expected penalties, as each past period carries a higher probability of inspection. Second, in our experiment, we manipulate the statute of limitations (0, 1, 3, and 6 periods), providing data that support the model's predictions. Our data also suggest that a 3-year statute of limitation optimally balances compliance benefits with administrative efficiency.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"78 2","pages":"729-745"},"PeriodicalIF":1.5,"publicationDate":"2025-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.12440","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143786751","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}