IF 1.3 3区经济学

Kyklos Pub Date : 2025-09-21 DOI: 10.1111/kykl.70019

Chen-Hsuan Liao

引用次数: 0

AI and the Law 人工智能与法律

IF 1.3 3区经济学

Kyklos Pub Date : 2025-09-14 DOI: 10.1111/kykl.70016

Henry A. Thompson

引用次数: 0

Cultural-Policy Framework and Mothers' Earnings Penalty: A European Comparison 文化政策框架与母亲收入惩罚：欧洲比较

IF 1.3 3区经济学

Kyklos Pub Date : 2025-09-05 DOI: 10.1111/kykl.70013

Eliane Badaoui, Eleonora Matteazzi

{"title":"Cultural-Policy Framework and Mothers' Earnings Penalty: A European Comparison","authors":"Eliane Badaoui, Eleonora Matteazzi","doi":"10.1111/kykl.70013","DOIUrl":"https://doi.org/10.1111/kykl.70013","url":null,"abstract":"<p>This article explores the diversity of cultural and policy contexts in Western European countries and examines their role in explaining the persistent and heterogeneous motherhood penalty. Using harmonized European Union Statistics on Income and Living Conditions (EU-SILC) data from 13 countries, the analysis spans 2006 to 2022 and provides average and distributional results. The findings reveal a motherhood penalty in 10 countries, with the highest levels observed in Sweden, Norway, Germany, and Austria. For these countries, quantile regressions show a decreasing motherhood penalty along the earnings distribution. The empirical analysis further sheds light on how work–family policies, culture, minimum wages, and wage-setting institutions mediate the role of motherhood on women's earnings. The results indicate that while work–family policies promote female employment, they do not significantly mitigate the motherhood penalty. In contrast, higher minimum wages and more coordinated and centralized wage bargaining are more effective in reducing the motherhood penalty, particularly in the lower segment of the earnings distribution. More traditional gender roles and cultural values emphasizing masculinity, individualism, and power distance are associated with a lower motherhood penalty.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"79 1","pages":"53-69"},"PeriodicalIF":1.3,"publicationDate":"2025-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.70013","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145931087","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}

引用次数: 0

Is Homo Economicus Performative? Evidence From a Beauty Contest Experiment With Mainstream and Non-Mainstream Academic Economists 经济人是表现性的吗？来自主流和非主流学术经济学家的选美实验的证据

IF 1.3 3区经济学

Kyklos Pub Date : 2025-08-28 DOI: 10.1111/kykl.70015

Mikhail Sokolov, Alexander Libman

{"title":"Is Homo Economicus Performative? Evidence From a Beauty Contest Experiment With Mainstream and Non-Mainstream Academic Economists","authors":"Mikhail Sokolov, Alexander Libman","doi":"10.1111/kykl.70015","DOIUrl":"https://doi.org/10.1111/kykl.70015","url":null,"abstract":"<p>Does studying mainstream microeconomics cause individuals to behave more like the textbook version of <i>homo economicus</i>? Most studies suggesting a positive answer have used student samples and focused on self-interested behaviors in collective dilemma situations. In our study, we conducted an online “beauty contest” experiment with a sample of 1019 academic economists in Russia. The Russian case is of particular interest in this context, as the country's economic discipline is markedly divided between those who associate themselves with “Western” science—typically having received standard training in mainstream economics—and those who reject it in favor of a native intellectual tradition. The latter group usually openly denies the universal applicability of theories that describe economic life as an interaction between rational, self-interested agents. We leverage this division by examining variations in beauty contest game strategies within the group of academic economists rather than across disciplines, thereby reducing unobserved heterogeneity. We analyze whether those who embrace the international economic mainstream make choices closer to equilibrium compared to those who reject it and specifically describe <i>homo economicus</i> as an inadequate model of human behavior. The results show no statistical association: Economists who rely on theories assuming common knowledge of rationality did not expect more rational behavior from their colleagues.</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"79 1","pages":"38-52"},"PeriodicalIF":1.3,"publicationDate":"2025-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.70015","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145931097","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}

引用次数: 0

Academic Achievement and Emotional Education Using Music Learning in Spain 西班牙音乐学习的学术成就与情感教育

IF 1.3 3区经济学

Kyklos Pub Date : 2025-08-28 DOI: 10.1111/kykl.70014

Oscar David Marcenaro-Gutierrez, Ana Colacio Moyano, Luis Alejandro Lopez-Agudo

引用次数: 0

Casus Belli 开战的原因

IF 1.3 3区经济学

Kyklos Pub Date : 2025-08-19 DOI: 10.1111/kykl.70012

Mats Ekman

引用次数: 0

Polluting Local Government Bond: The Effect of Air Pollution on Public Financing Costs in China 污染的地方政府债券：中国大气污染对公共融资成本的影响

IF 1.3 3区经济学

Kyklos Pub Date : 2025-08-17 DOI: 10.1111/kykl.70011

Minhui Liu, Qianqian Yuan, Feng Yang

{"title":"Polluting Local Government Bond: The Effect of Air Pollution on Public Financing Costs in China","authors":"Minhui Liu, Qianqian Yuan, Feng Yang","doi":"10.1111/kykl.70011","DOIUrl":"https://doi.org/10.1111/kykl.70011","url":null,"abstract":"<div>\u0000 \u0000 <p>This paper examines the effect of air pollution on public financing costs in China. Using 2752 general obligation bonds issued by provincial governments and five prefecture-level cities from 2015 to 2020, we find that air pollution significantly raises the costs of public financing. Specifically, a 10% rise in the air quality index leads to a 0.30–1.11 basis points increase in the local government bond issue yield spread. To address possible endogeneity issues, the instrumental variable approach is employed. Mechanism analysis suggests that this effect likely operates through fiscal channels: Air pollution implies fiscal allocations for pollution-related expenditures, and these ongoing expenditures place pressure on local budgets and widen the fiscal gap. As a result, investors demand higher yields to compensate for the anticipated fiscal risks. Heterogeneity analysis reveals a stronger effect for long-term bonds. These findings offer practical policy implications: (1) Environmental risks should be considered when evaluating debt issuance and fiscal health; (2) the maturity structure of new issuances could be optimized to help mitigate fiscal vulnerability induced by environmental risks; and (3) the positive fiscal externalities associated with cleaner air should be fully acknowledged in the enforcement of environmental regulations.</p>\u0000 </div>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"79 1","pages":"3-16"},"PeriodicalIF":1.3,"publicationDate":"2025-08-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145931057","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}

引用次数: 0

Net Fiscal Contributions in the EU—The Role of Indirect Taxation and In-Kind Benefits 欧盟的净财政贡献——间接税和实物收益的作用

IF 1.3 3区经济学

Kyklos Pub Date : 2025-08-15 DOI: 10.1111/kykl.70009

Michael Christl, Monika Köppl-Turyna

{"title":"Net Fiscal Contributions in the EU—The Role of Indirect Taxation and In-Kind Benefits","authors":"Michael Christl, Monika Köppl-Turyna","doi":"10.1111/kykl.70009","DOIUrl":"https://doi.org/10.1111/kykl.70009","url":null,"abstract":"<div>\u0000 \u0000 <p>This paper extends the traditional concept of disposable income by including in-kind transfers for education and health as well as consumption taxes in the analysis. This extended view of tax–benefit systems offers a more comprehensive understanding of redistribution mechanisms within countries and facilitates cross-country comparisons. As a first step, our analysis identifies households as either net contributors or net beneficiaries based on this extended income concept. Our results show that there is considerable variability in net fiscal contributions across households, influenced by factors such as income level, household composition and age. We find that extending the income concept reduces the number of net contributor households, as the monetary effect of in-kind benefits outweighs the effect of consumption taxes paid. However, the number of net contributor households varies considerably across EU Member States. In a second step, we take a life-cycle perspective and estimate the contribution of each age cohort in each EU Member State. Our results show that individuals contribute very differently over the life cycle across Member States and that these contributions are highly correlated with individuals' retirement decisions. We show that corporatist welfare state regimes in particular tend to have low and even negative life-cycle contributions compared to universal welfare state systems and the Baltic insurance systems, with early retirement playing a crucial role in shaping these differences.</p>\u0000 </div>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"78 4","pages":"1607-1636"},"PeriodicalIF":1.3,"publicationDate":"2025-08-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145228176","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}

引用次数: 0

Time Allocation, Experiential Well-Being, and Income: Happier Time for the Richer? 时间分配、体验幸福感和收入：富人的快乐时光？

IF 1.3 3区经济学

Kyklos Pub Date : 2025-07-30 DOI: 10.1111/kykl.70008

Nicola Daniele Coniglio, Rezart Hoxhaj, Raffaella Patimo

{"title":"Time Allocation, Experiential Well-Being, and Income: Happier Time for the Richer?","authors":"Nicola Daniele Coniglio, Rezart Hoxhaj, Raffaella Patimo","doi":"10.1111/kykl.70008","DOIUrl":"https://doi.org/10.1111/kykl.70008","url":null,"abstract":"<p>Do richer individuals allocate their time to activities that result in higher levels of happiness? Do people experience different levels of happiness for the same activities based on their income levels? This study offers a comprehensive examination of these questions, drawing from the American Time Use Survey (ATUS). Our findings reveal that income shapes individuals' allocation of time, but “money does not buy happier time.” We find evidence that high-income women and in general high-income people during weekends and holidays tend to allocate more time in activities that lead to higher experiential well-being. Yet, interestingly, we find that the subjective well-being derived by rich people from the activities they perform more frequently is substantially lower than the one experienced by an average US resident when performing the same activities. Happiness associated with the use of time seems to be in the eyes of the beholder, as we find that subjective happiness differences between rich and poor are explained by different preferences over similar activities (time use preference channel) rather than a different allocation of time (activity-composition channel).</p>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"78 4","pages":"1593-1606"},"PeriodicalIF":1.3,"publicationDate":"2025-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/kykl.70008","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145228137","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}

引用次数: 0

How Urban Households' Consumption Reflects Their Habits: Evidence From Taiwan 城市家庭消费如何反映他们的习惯：来自台湾的证据

IF 1.3 3区经济学

Kyklos Pub Date : 2025-07-24 DOI: 10.1111/kykl.70007

Chien-Wen Yang

{"title":"How Urban Households' Consumption Reflects Their Habits: Evidence From Taiwan","authors":"Chien-Wen Yang","doi":"10.1111/kykl.70007","DOIUrl":"https://doi.org/10.1111/kykl.70007","url":null,"abstract":"<div>\u0000 \u0000 <p>This paper utilizes data from the Survey of Family Income and Expenditure in Taiwan to discuss habit formation, encompassing internal and external habits, in urban household consumption behaviors. Specifically, we examine high-visibility consumption commodities and narrower spatial reference groups to capture external habits among urban households. Our empirical findings reveal evidence of habit formation in consumption behaviors among urban households in Taiwan. We observe the durability of some expenditure items for internal habits. Additionally, household consumption is influenced by the consumption of reference groups, indicating external habits. This influence is particularly pronounced within highly visible commodities, such as alcoholic beverages, tobacco, beauty, apparel, and recreation and culture. Most of these are more prominent for households facing narrower spatial reference groups, with tobacco being especially notable, highlighting potential public health concerns associated with localized social interactions. Furthermore, the effect of external habits on recreation and culture appears across wider spatial contexts, suggesting a more generalized external influence. These findings carry important implications for public health and the labor market, warranting attention from policymakers.</p>\u0000 </div>","PeriodicalId":47739,"journal":{"name":"Kyklos","volume":"78 4","pages":"1567-1592"},"PeriodicalIF":1.3,"publicationDate":"2025-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145228131","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}

引用次数: 0

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