Economics
Recent Submissions
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A practical guide to setting up your Tax Evasion Game
(Journal of Tax Administration, 2018-05-01)Over the last four decades, an important stream of literature has studied tax compliance behaviour in the laboratory through tax evasion games. In this review of over 70 papers, the main results are summarised, highlighting ... -
Contests with ambiguity
(Oxford University Press (OUP), 2018-06-09)The paper examines contests where players perceive ambiguity about their opponents' strategies and determine how perceptions of ambiguity and attitudes to ambiguity affect equilibrium choice. Behaviour in our contest is ... -
Consumer Search, Incomplete Exchange Rate Pass-Through and Optimal Interest Rate Policy
(Wiley, 2018-06-05)This paper studies utility-maximizing monetary policy in a two-country economy with consumer search frictions. Search frictions provide a micro-foundation for incomplete exchange rate pass-through and international ... -
Self-employment income gap in Great Britain: How much and who?
(Oxford University Press (OUP), 2018-06-02)This paper utilises an expenditure survey-based data set that is rich in terms of observable characteristics to estimate the ‘income gap’ (defined to be one minus the proportion of reported to true income) of the ... -
Decision Making With Risk-Based Weather Warnings
(Elsevier, 2018-03-30)We study decisions under different weather warning systems that vary in format and/or information conveyed using a laboratory experiment. Participants have to decide between a safe but costly option (spending to protect ... -
Commitments to Give-if-you-Win Exceed Donations After a Win
(University of Exeter, 2018-03-05)Should fundraisers ask a banker to donate “if he earns a bonus” or wait and ask after the bonus is known? Standard EU theory predicts these are equivalent; loss-aversion and signaling models predict a larger commitment before ... -
Behaviorally informed policies for household financial decisionmaking
(Behavioral Science & Policy Association, 2017)Low incomes, limited financial literacy, fraud, and deception are just a few of the many intractable economic and social factors that contribute to the financial difficulties that households face today. Addressing these ... -
Metaphysical Realism and Objectivity: Some Theoretical Reflections
(Springer Verlag, 2018-03-02)In this paper we aim to show an intrinsic contradiction of contemporary Metaphysical Realism by focusing on the relation between the subject and the object. Metaphysical Realism considers facts and objects as being empirical, ... -
Market Power and Cost Efficiencies in Banking
(Elsevier, 2018-02-16)Existing studies that quantify cost efficiencies in the banking industry do not account for local market power. If market power is ignored and increases with size, it gets counted as additional cost efficiencies which leads ... -
Productivity or unexpected demand shocks: what determines firms' investment and exit decisions?
(Wiley, 2018)We investigate the roles played by unexpected demand shocks, besides productivity, on firms’ capital investment and exit decisions. We propose a practical approach to recover unexpected firm-level demand shocks using ... -
Perceptions regarding the value of life before and after birth
(OMICS International, 2016-11-23)Objective: This paper aims to explain the practical importance of placing a numeric value on the relative values of lives (or deaths) at different ages, including just before and after birth, and to implement one feasible ... -
Information transmission within federal fiscal architectures: Theory and evidence (journal article)
(Oxford University Press (OUP), 2017-08-11)This paper explores the role of information transmission and misaligned interests across levels of governments in explaining variation in the degree of decentralization across countries. We analyze two alternative ... -
Women's entrepreneurship and intimate partner violence: A cluster randomized trial of microenterprise assistance and partner participation in post-conflict Uganda (SSM-D-14-01580R1)
(Elsevier, 2015-03-28)Intimate partner violence is widespread and represents an obstacle to human freedom and a significant public health concern. Poverty alleviation programs and efforts to economically “empower” women have become popular ... -
Measuring the measurement error: A method to qualitatively validate survey data
(Elsevier, 2016-01-29)Empirical social science relies heavily on self-reported data, but subjects may misreport behaviors, especially sensitive ones such as crime or drug abuse. If a treatment influences survey misreporting, it biases causal ... -
Social learning about environmental innovations: experimental analysis of adoption timing
(Now Publishers, 2017-12-06)We conduct laboratory experiments to investigate how private and public information affect the selection of an environmental innovation and the timing of its adoption. The results reveal behavioral patterns underlying the ... -
The returns to microenterprise support among the ultrapoor: A field experiment in postwar Uganda
(American Economic Association, 2016-04)We show that extremely poor, war-affected women in northern Uganda have high returns to a package of $150 cash, five days of business skills training, and ongoing supervision. Sixteen months after grants, participants ... -
Candy elasticity: Halloween experiments on public political statements
(Wiley, 2015-06-15)We conducted experiments during trick-or-treating on Halloween in a predominantly liberal neighborhood in the weeks preceding the 2008 and 2012 presidential elections. We decorated one side of a house porch with McCain ... -
Reducing Crime and Violence: Experimental Evidence from Cognitive Behavioral Therapy in Liberia
(American Economic Association, 2017-04)We show that a number of noncognitive skills and preferences, including patience and identity, are malleable in adults, and that investments in them reduce crime and violence. We recruited criminally engaged men and ... -
Information transmission within federal fiscal architectures: Theory and evidence (discussion paper)
(Centre for Economic Policy Research (CEPR), 2016-06-22)This paper explores the role of information transmission and misaligned interests across levels of governments in explaining variation in the degree of decentralization across countries. We analyze two alternative ... -
Pampered Bureaucracy, Political Stability, and Trade Integration (working paper)
(CESifo: Center for Economic Studies & Ifo Institute, 2017-02)This paper examines the effect of trade integration and comparative advantage on one of a country’s institutions, which in turn inuences its economic efficiency. The environment we explore is one in which a country’s ...