发布求助
文献互助 智能选刊 最新文献

Economic Inquiry最新文献

筛选
英文 中文
Whistle-blowing and the incentive to hire 举报和雇用动机
IF 1.7 4区 经济学
Economic Inquiry Pub Date : 2024-03-06 DOI: 10.1111/ecin.13212
Jef De Mot, Murat C. Mungan
{"title":"Whistle-blowing and the incentive to hire","authors":"Jef De Mot,&nbsp;Murat C. Mungan","doi":"10.1111/ecin.13212","DOIUrl":"10.1111/ecin.13212","url":null,"abstract":"<p>We consider a previously neglected cost of whistle-blower awards: employers may base their hiring decisions, on the margin, not on the productivity of an employee but rather on the probability that the employee will become a whistle-blower. We develop a three-stage model to examine how productivity losses due to distortions at the hiring stage influence optimal whistle-blower rewards. We characterize optimal rewards for whistle-blowing, and show that when rewards can be chosen according to either the benefits of the employer from offending or the productivity of the worker being hired, productivity-based rewards are superior to benefit-based rewards.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 3","pages":"1292-1308"},"PeriodicalIF":1.7,"publicationDate":"2024-03-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.13212","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140075450","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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
Macroprudential policies and Brexit: A welfare analysis 宏观审慎政策与英国脱欧：福利分析
IF 1.7 4区 经济学
Economic Inquiry Pub Date : 2024-03-06 DOI: 10.1111/ecin.13214
Margarita Rubio
{"title":"Macroprudential policies and Brexit: A welfare analysis","authors":"Margarita Rubio","doi":"10.1111/ecin.13214","DOIUrl":"10.1111/ecin.13214","url":null,"abstract":"<p>Brexit will have implications on financial stability and the implementation of macroprudential policies. The United Kingdom (UK) will no longer be subject to the jurisdiction of the European Systemic Risk Board. This paper studies the welfare implications of this change of regime. By means of a dynamic stochastic general equilibrium model, I compare the pre-Brexit scenario with the new one, in which the UK sets macroprudential policy independently. I find that, after Brexit, the UK is better off by setting its own macroprudential policy without taking into account Europe's welfare as a whole.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 3","pages":"1246-1267"},"PeriodicalIF":1.7,"publicationDate":"2024-03-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140075381","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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
Privacy regulation and firm performance: Estimating the GDPR effect globally 隐私法规与公司业绩：估算 GDPR 在全球的影响
IF 1.7 4区 经济学
Economic Inquiry Pub Date : 2024-03-04 DOI: 10.1111/ecin.13213
Carl Benedikt Frey, Giorgio Presidente
{"title":"Privacy regulation and firm performance: Estimating the GDPR effect globally","authors":"Carl Benedikt Frey,&nbsp;Giorgio Presidente","doi":"10.1111/ecin.13213","DOIUrl":"10.1111/ecin.13213","url":null,"abstract":"<p>This paper examines how privacy regulation shaped firm performance. Controlling for firm and country-industry-year unobserved characteristics, we compare the outcomes of firms at different levels of exposure to EU markets, before and after the enforcement of the General Data Protection Regulation (GDPR) in 2018. We find that the GDPR had the unintended consequence of harming the profitability of companies targeting European consumers through the cost channel. Technology firms experienced a 2.1% decline in profits, but not in sales. The GDPR increased extra expenses, added to firms wage bills, and accelerated patenting in GDPR-related technology fields. The main burdens have been borne by smaller companies.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 3","pages":"1074-1089"},"PeriodicalIF":1.7,"publicationDate":"2024-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.13213","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140044188","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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
Social learning about climate risks 关于气候风险的社会学习
IF 1.7 4区 经济学
Economic Inquiry Pub Date : 2024-03-01 DOI: 10.1111/ecin.13210
Yilan Xu, Sébastien Box-Couillard
{"title":"Social learning about climate risks","authors":"Yilan Xu,&nbsp;Sébastien Box-Couillard","doi":"10.1111/ecin.13210","DOIUrl":"10.1111/ecin.13210","url":null,"abstract":"<p>With a social network adjacency matrix constructed from the Facebook Social Connectedness Index (SCI), this paper examines whether social learning facilitates climate risk perception updates to inform climate adaptation. We find that Hurricanes Harvey and Irma-induced regional flooding increased flood insurance policies nationwide to the extent of each county's social network proximity to the flooded areas, with a corresponding update in climate risk perception. Social learning resulted in an additional 250,000 policies in flooded counties and 81,000 policies in unflooded counties over 3 years. We find evidence of the salience effect but no support for adverse selection or over-insurance.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 3","pages":"1172-1191"},"PeriodicalIF":1.7,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.13210","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140019000","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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
Fasting and honesty: Experimental evidence from Egypt 禁食与诚信：来自埃及的实验证据
IF 1.7 4区 经济学
Economic Inquiry Pub Date : 2024-02-21 DOI: 10.1111/ecin.13208
Dina Rabie, Mohamed Rashwan, Rania Miniesy
{"title":"Fasting and honesty: Experimental evidence from Egypt","authors":"Dina Rabie,&nbsp;Mohamed Rashwan,&nbsp;Rania Miniesy","doi":"10.1111/ecin.13208","DOIUrl":"10.1111/ecin.13208","url":null,"abstract":"<p>This paper examines the effect of religious fasting on truth-telling using a laboratory experiment in Egypt. While fasting-induced religiosity may promote truth-telling, the physiological and psychological changes during fasting, due to alimentary abstention and self-control exertion, may reduce honesty, especially when fasting is augmented with effort. We examine this question by tracing individual truth-telling decisions, in the absence and presence of additional effort, both before and during Ramadan. We find that neither effort nor fasting alone affects honesty, but exerting effort while fasting reduces honesty. We provide suggestive evidence on the mechanisms potentially driving this negative effect on honesty.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 3","pages":"1353-1368"},"PeriodicalIF":1.7,"publicationDate":"2024-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.13208","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139951788","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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
Capital controls, banking competition, and monetary policy 资本管制、银行业竞争和货币政策
IF 1.7 4区 经济学
Economic Inquiry Pub Date : 2024-02-13 DOI: 10.1111/ecin.13205
Edgar A. Ghossoub, Andre Harrison, Robert R. Reed
{"title":"Capital controls, banking competition, and monetary policy","authors":"Edgar A. Ghossoub,&nbsp;Andre Harrison,&nbsp;Robert R. Reed","doi":"10.1111/ecin.13205","DOIUrl":"10.1111/ecin.13205","url":null,"abstract":"<p>How do capital controls and banking concentration affect economic development? This paper develops a general equilibrium model to study these important issues. To do so, we construct a framework with heterogeneous agents and imperfectly competitive financial intermediaries who help depositors manage liquidity risk. Importantly, higher levels of concentration raise the cost of domestic borrowing which increase the reliance on international capital markets. Finally, once the rate of money growth is sufficiently high, capital controls bind and the effects of monetary policy on capital formation are more pronounced.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 3","pages":"1369-1399"},"PeriodicalIF":1.7,"publicationDate":"2024-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139770395","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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
Growth at risk from climate change 面临气候变化风险的增长
IF 1.7 4区 经济学
Economic Inquiry Pub Date : 2024-02-13 DOI: 10.1111/ecin.13206
Michael T. Kiley
{"title":"Growth at risk from climate change","authors":"Michael T. Kiley","doi":"10.1111/ecin.13206","DOIUrl":"10.1111/ecin.13206","url":null,"abstract":"<p>How will climate change affect risks to economic activity? Research on climate impacts has tended to focus on effects on the average level of economic growth. I examine whether climate change may make severe contractions in economic activity more likely using quantile regressions linking growth to temperature. The effects of temperature on downside risks to economic growth are large and robust across specifications. These results suggest the growth at risk from climate change is large—climate change may make economic contractions more likely and severe and thereby significantly impact economic and financial stability and welfare.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 3","pages":"1134-1151"},"PeriodicalIF":1.7,"publicationDate":"2024-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139770354","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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
Inflation surprises in a New Keynesian economy with a “true” consumption function 具有 "真实 "消费函数的新凯恩斯主义经济中的通胀意外
IF 1.7 4区 经济学
Economic Inquiry Pub Date : 2024-02-08 DOI: 10.1111/ecin.13207
Roberto Tamborini
{"title":"Inflation surprises in a New Keynesian economy with a “true” consumption function","authors":"Roberto Tamborini","doi":"10.1111/ecin.13207","DOIUrl":"10.1111/ecin.13207","url":null,"abstract":"<p>The resurgence of inflation has been accompanied by a reversal of prospects of growth, with a prominent role assigned to the fall of households' purchasing power. Yet this real income effect of inflation surprises, independent of restrictive monetary policy, is not present in the standard New Keynesian models for monetary policy. The reason lies in the formulation of the consumption-based “IS equation”. The paper shows how the income effect can be introduced by reformulating the consumption function, with the consequence that it exerts an autonomus stabilization effect on inflation. The main monetary policy implications are examined by means of simulations.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 3","pages":"1192-1215"},"PeriodicalIF":1.7,"publicationDate":"2024-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139770404","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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
International comovements of public debt 公共债务的国际关联性
IF 1.8 4区 经济学
Economic Inquiry Pub Date : 2024-01-30 DOI: 10.1111/ecin.13204
Hasan Isomitdinov, Vladimir Arčabić, Junsoo Lee, Youngjin Yun, James E. Payne
{"title":"International comovements of public debt","authors":"Hasan Isomitdinov,&nbsp;Vladimir Arčabić,&nbsp;Junsoo Lee,&nbsp;Youngjin Yun,&nbsp;James E. Payne","doi":"10.1111/ecin.13204","DOIUrl":"10.1111/ecin.13204","url":null,"abstract":"<p>This study presents evidence of global and regional comovements in public debt and examines their trends and features. We employ a Bayesian dynamic factor model with time-varying parameters based on the debt-to-GDP ratio of 115 countries. We find the global factor accounts for 38 percent of the total variation in the debt ratio worldwide, but its share decreases over time. Countries with more financial openness and a greater share of external public debt are more exposed to global/regional comovements. The assertion that international financial integration encourages higher government borrowing applies primarily to high-income countries and it does not hold globally.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 2","pages":"722-747"},"PeriodicalIF":1.8,"publicationDate":"2024-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139658952","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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
Not so Black and White: Interracial marriage and wages 不那么黑白分明异族通婚与工资
IF 1.8 4区 经济学
Economic Inquiry Pub Date : 2024-01-24 DOI: 10.1111/ecin.13198
Christina Houseworth, Jonathan Fisher
{"title":"Not so Black and White: Interracial marriage and wages","authors":"Christina Houseworth,&nbsp;Jonathan Fisher","doi":"10.1111/ecin.13198","DOIUrl":"10.1111/ecin.13198","url":null,"abstract":"<p>We examine wages of Black and White interracially married individuals compared to their intramarried counterparts in the United States. We find a raw interracial marriage wage penalty for White spouses and a raw interracial marriage wage premium for Black spouses. The differential disappears for females, but not for males, when controlling for selection on standard wage equation variables. Negative selection on unobservables into interracial marriage explain the White male penalty. We find a larger penalty for White males and a smaller premium for Black males in states that were forced to allow interracial marriage by the Supreme Court.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"62 2","pages":"633-649"},"PeriodicalIF":1.8,"publicationDate":"2024-01-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139585210","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"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
首页 上一页 下一页 尾页
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整，为了账户安全，请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们：info@booksci.cn Book学术提供免费学术资源搜索服务，方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号：481959085
Book学术官方微信