KyklosPub Date : 2025-11-12DOI: 10.1111/kykl.70028
Lewis S. Davis, Nabamita Dutta
{"title":"Individualism and Economic Freedom","authors":"Lewis S. Davis, Nabamita Dutta","doi":"10.1111/kykl.70028","DOIUrl":"https://doi.org/10.1111/kykl.70028","url":null,"abstract":"<div>\u0000 \u0000 <p>Does the Fraser Institute's Economic Freedom Index (EFI) constitute, as its proponents claim, a coherent measure of a classically liberal approach to economic governance? Noting the central role of individualism to liberalism, we provide evidence on this claim by investigating the empirical relationship between individualism and the EFI. Our findings suggest that there is a strong, positive relationship between individualism and the EFI. This relationship is robust to the use of alternative measures of individualism, to controls for a wide range of historical, cultural and institutional variables, and to the use of instrumental variable methods to address measurement and endogeneity issues. We also find evidence of a strong positive, causal relationship between individualism and four of the five components of the EFI. While these findings broadly support the claim that the EFI provides a measure of a classically liberal approach to economic governance, they also present challenges the empirical literature on the EFI. In particular, it is unclear whether liberal economic policies or the individualist values that underlie these policies are responsible for the positive relationship between the EFI and measures of social welfare.</p>\u0000 </div>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"79 1","pages":"251-272"},"PeriodicalIF":1.3,"publicationDate":"2025-11-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145931100","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 : 2025-11-11DOI: 10.1111/kykl.70030
Roger D. Congleton
{"title":"Constitutional Political Economy and the Nature and Effects of Rights","authors":"Roger D. Congleton","doi":"10.1111/kykl.70030","DOIUrl":"https://doi.org/10.1111/kykl.70030","url":null,"abstract":"<p>Constitutional political economy theory implies that systems of rights can emerge from different processes, but the rights that initially emerge tend to be unequal and to change through time. In some cases, rights may become more equal and universal, but not often. If rights are consequential, then understanding their origins and the political, economic, and cultural processes that generate and support them is obviously important. This paper reviews CPE theories that provide a logical basis for thinking about the origins and evolution of rights and provides evidence that democratic politics and open markets tend to support relatively equal, broad, and universal rights.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"79 1","pages":"273-284"},"PeriodicalIF":1.3,"publicationDate":"2025-11-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.70030","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145930884","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}
{"title":"Skyfall: A Survival Analysis of the IMF Executive Board Members","authors":"Elie Israël, Maqsood Aslam, Etienne Farvaque, Franck Malan","doi":"10.1111/kykl.70025","DOIUrl":"https://doi.org/10.1111/kykl.70025","url":null,"abstract":"<p>In the absence of a retirement age constraint at the IMF, this study explores the tenure persistence within the Board of Directors of the International Monetary Fund (IMF) from 2009 to 2021, through a survival analysis. The findings highlight that extrinsic factors, namely sovereign crises, banking crises, the ratio of debt-to-GDP, and political transformations, exert a predominant role in tenure longevity, while sociodemographic characteristics such as age, education, or gender have a negligible influence. In summary, survival within this board is primarily governed by geopolitical and economic variables rather than by individual attributes.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"79 1","pages":"232-250"},"PeriodicalIF":1.3,"publicationDate":"2025-11-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.70025","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145930832","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 : 2025-10-30DOI: 10.1111/kykl.70024
Katja Görlitz, Tim Sels
{"title":"The Effect of Age Diversity in Groups on Peer Evaluations and Individual Performance","authors":"Katja Görlitz, Tim Sels","doi":"10.1111/kykl.70024","DOIUrl":"https://doi.org/10.1111/kykl.70024","url":null,"abstract":"<p>This study analyzes how individuals evaluate their peers' performance in a high-stakes tournament in response to being randomly assigned to an age homogenous or heterogenous group using data from two TV shows. The data also allow us to explore expert evaluations because it contains objective ratings from an independent expert. Additionally, this study investigates how age-diverse groups affect individual performance in professional golf tournaments. The results show that peer and expert evaluations as well as individual performance are lower in age-diverse groups. Further evidence suggests that these effects occur when group members are unfamiliar but fade away once group members have gotten to know each other.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"79 1","pages":"218-231"},"PeriodicalIF":1.3,"publicationDate":"2025-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.70024","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145931202","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 : 2025-10-15DOI: 10.1111/kykl.70022
Antonio Iodice, Luigi Oddo, Andrea Zanini
{"title":"The Cost of Hegemony: The Interplay Between Urban Concentration and Growth (1400–1800)","authors":"Antonio Iodice, Luigi Oddo, Andrea Zanini","doi":"10.1111/kykl.70022","DOIUrl":"https://doi.org/10.1111/kykl.70022","url":null,"abstract":"<div>\u0000 \u0000 <p>The article investigates the influence of institutional frameworks on spatial development patterns in the preindustrial world, exploring how the degree of urban concentration may determine whether societies experienced urbanization ‘with’ or ‘without’ growth. We hypothesize that the emergence of centralized/extractive institutions in the capital city, which tend to siphon resources from hinterland cities, results in artificially inflated urbanization levels despite congestion problems and economic stagnation. In contrast, decentralized/inclusive institutions, fostering a balanced and autonomous urbanization process, are associated with economic growth. We conduct a historical and empirical analysis of the Republic of Genoa from 1400 to 1800. Our findings suggest that extractive and centralized institutions in the capital city of Genoa led to centralized and congested urban growth, restricting the autonomy and expansion of peripheral cities and negatively impacting the Republic's overall economic development, at least until new policies were enacted in the eighteenth century. Consequently, the emergence of more inclusive institutions fostered the development of peripheral cities, resulting in urbanization that was more balanced and coupled with economic growth. This pattern shows that urbanization is virtuous when decoupled from urban concentration, whereas their simultaneous increase reflects economic stagnation, integrating both urbanization ‘with’ and ‘without’ growth into a unified framework.</p>\u0000 </div>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"79 1","pages":"201-217"},"PeriodicalIF":1.3,"publicationDate":"2025-10-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145916049","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 : 2025-10-14DOI: 10.1111/kykl.70023
Isabel Narbón-Perpiñá, Maria Teresa Balaguer-Coll, Diego Prior, Emili Tortosa-Ausina
{"title":"Vertical Transfers, Political Alignment, and Efficiency in Local Government","authors":"Isabel Narbón-Perpiñá, Maria Teresa Balaguer-Coll, Diego Prior, Emili Tortosa-Ausina","doi":"10.1111/kykl.70023","DOIUrl":"https://doi.org/10.1111/kykl.70023","url":null,"abstract":"<div>\u0000 \u0000 <p>When decentralized governments share the public budget, distributive policies are needed to allocate public goods and services among them. To date, however, both the theoretical and empirical literature has largely examined the effect of political orientation on the quantity of transfers received, without considering how efficiently they are managed. This article aims to fill this gap by linking the literature on political alignment and transfers with work on public sector efficiency. Specifically, we examine how bureaucratic input choices might be related to political orientation and political sign and how political coordination between local and higher levels of government could lead to inefficiencies due to clientelism, corrupt practices, or lack of transparency. Our results suggest that political alignment between local governments and higher level governments may lead to a decrease in public sector efficiency, which is detrimental to distributive policies.</p>\u0000 </div>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"79 1","pages":"183-200"},"PeriodicalIF":1.3,"publicationDate":"2025-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145930852","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 : 2025-10-11DOI: 10.1111/kykl.70021
Sergey V. Popov
{"title":"Tactical Refereeing and Signaling by Publishing","authors":"Sergey V. Popov","doi":"10.1111/kykl.70021","DOIUrl":"https://doi.org/10.1111/kykl.70021","url":null,"abstract":"<p>Peer review is usually conducted to allocate limited resources, such as the budget of a funder or the pages of a journal. Limited capacity may bias peer evaluations, precisely because approving a peer's worthy project consumes capacity, jeopardizing the referee's own project's chances. I show that limiting capacity is inconsistent with a hypothesis that the decision-maker desires to stimulate efforts. I show that the desire to strengthen the signaling message of the acceptance decision could lead to limiting the capacity, endogenously creating a tragedy of informational commons problem.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"79 1","pages":"172-182"},"PeriodicalIF":1.3,"publicationDate":"2025-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.70021","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145930885","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 : 2025-09-24DOI: 10.1111/kykl.70020
Asaf Ibne Salim, Muhammad Nazmul Khan, Syed Abul Basher
{"title":"Regulatory Burdens, Corruption, and Informal Competition: Determinants of Incorporation in Bangladesh","authors":"Asaf Ibne Salim, Muhammad Nazmul Khan, Syed Abul Basher","doi":"10.1111/kykl.70020","DOIUrl":"https://doi.org/10.1111/kykl.70020","url":null,"abstract":"<div>\u0000 \u0000 <p>This paper examines how specific characteristics of the business environment, namely, procedural delays, exposure to bribery, and the presence of informal competitors, affect the incorporation decisions of firms in Bangladesh. Drawing on three rounds of data from the World Bank Enterprise Surveys, the analysis employs instrumental variable regressions, using group-level cell averages constructed by region, industry, and firm size to address endogeneity concerns. The findings reveal that longer waiting times for permits and greater management time spent on regulatory compliance significantly reduce the likelihood of incorporation. In contrast, firms experiencing higher bribery costs and more frequent solicitation of bribe payments are more likely to incorporate. In addition, competition from informal firms reduces the probability of incorporation.</p>\u0000 </div>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"79 1","pages":"149-171"},"PeriodicalIF":1.3,"publicationDate":"2025-09-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145930962","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 : 2025-09-22DOI: 10.1111/kykl.70017
Thomas Ehrmann, Lukas M. Ludes, Matthias Reindl
{"title":"Does Character Matter When Everyone Cheats? Peer Influence and Environmental Drivers of Academic Misconduct","authors":"Thomas Ehrmann, Lukas M. Ludes, Matthias Reindl","doi":"10.1111/kykl.70017","DOIUrl":"https://doi.org/10.1111/kykl.70017","url":null,"abstract":"<p>This study examines academic dishonesty among university students, focusing on peer influence, detection risk, effort, and sanctions in proctored online and offline exams. Drawing on 259 survey responses collected from German universities after the COVID-19-driven transition to online formats, it applies a utility-based framework, combined with Probit and Logit regressions. The findings robustly demonstrate that perceived peer cheating is the most significant determinant, significantly elevating individual cheating likelihood by reducing perceived detection risks, thereby normalizing dishonest behavior. Although self-reported cheating is more common in online settings, the analysis shows that it is weak enforcement and lower monitoring, rather than the exam format itself, that elevate misconduct. Students who dedicate substantial preparation time or hold strong ethical convictions are less likely to cheat, while sanctions prove ineffective unless coupled with a credible probability of detection. By quantifying these drivers in a controlled academic setting, this study provides fresh insights into how peer contagion, detection risk, and contextual factors interact to shape dishonest behavior. The results underscore the need for robust proctoring, clear sanction policies, and efforts to strengthen social norms, particularly as online and hybrid assessments continue to expand.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"79 1","pages":"112-128"},"PeriodicalIF":1.3,"publicationDate":"2025-09-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.70017","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145930899","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 : 2025-09-22DOI: 10.1111/kykl.70018
Mehrzad B. Baktash
{"title":"Does Performance Pay Increase the Risk of Worker Loneliness?","authors":"Mehrzad B. Baktash","doi":"10.1111/kykl.70018","DOIUrl":"https://doi.org/10.1111/kykl.70018","url":null,"abstract":"<p>Increased wages and productivity associated with performance pay can be beneficial to both employers and employees. However, performance pay can also entail unintended consequences for workers' well-being. This study is the first to systematically examine the association between performance pay and loneliness, a significant policy-relevant social well-being concern. Using representative survey data from Germany, I show that performance pay is significantly associated with increased loneliness. Correspondingly, performance pay is negatively associated with the social life satisfaction of workers. Investigating the transmission channels reveals work hours, earnings, conflict with coworkers, and conflict with the life partner as important mediators. The key findings also hold in sensible instrumental variable estimations, addressing the potential endogeneity of performance pay and in various robustness checks. Finally, implications are discussed.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"79 1","pages":"129-148"},"PeriodicalIF":1.3,"publicationDate":"2025-09-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.70018","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145930900","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}