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  • Articles  (41)
  • Helbing & Lichtenhahn Verlag AG  (41)
  • Sociology  (41)
  • 1
    Electronic Resource
    Electronic Resource
    Basel, Switzerland : Helbing & Lichtenhahn Verlag AG
    Kyklos 54 (2001), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: The paper presents a model of ‘rational irrationality’ to explain why political and religious beliefs are marked not only by low information (as the notion of rational ignorance highlights), but also by systematic bias and high certainty. Being irrational – i.e., deviating from rational expectations – is modeled as normal good. The reason that irrationality in politics and religion is so pronounced is that the private repercussions of error are virtually nonexistant. The consumption of irrationality can be efficient, but it will usually not be when the private and the social cost of irrationality differ – for example, in elections.
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  • 2
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    Basel, Switzerland : Helbing & Lichtenhahn Verlag AG
    Kyklos 54 (2001), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: The paper examines the extent and determinants of short-term horizons in taking open positions using a questionnaire mailed to professional foreign exchange market participants in Germany. The findings reveal that the absolute anticipation horizon is short, but not necessarily short-termist. Another related but empirically different measure is proposed, based on the relative length of different horizons; its use clearly shows widespread restrictions in relation to optimal behavior. No determinants in personal characteristics were established for either empirical measure; rather the instituional environment was found to be an influence. Thus, professionals may adept rationally to their incentive structure, which works towards short-term horizons in position taking.
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  • 3
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    Basel, Switzerland : Helbing & Lichtenhahn Verlag AG
    Kyklos 54 (2001), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: Recent economic theory suggests that free riding under group piece-rate incentive schemes can be alleviated by mutual monitroing and social sanctioning. This article challenges this assumption by showing that the presence of the price mechanism in mutual monitoring and sanctioning can decrease the motivation to cooperate for certain types of agents: because the social rewards for cooperation that may develop through work are potentially based in a desire for pecuniary gain, withholding approval may matter less to initially cooperative agents. Hence, mutual monitoring can decrease cooperation in teams. The author presents evidence from social psychology illuminating differences between indiividualistic and cooperative types, discusses implications for work group design and future research, and presents a short mathematical model.
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  • 4
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    Basel, Switzerland : Helbing & Lichtenhahn Verlag AG
    Kyklos 54 (2001), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: This article analyzes whether unemployment has an effect on the splitting of a marital relationship. The study uses 40 000 observations on unemployment spells and marital status during the period from 1987 to 1996. Random effects probit and conditional likelihood logit models for panel data are applied. Using several control variables, it was confirmed that unemployment does actually lead to a higher probability of the separation of married couples.
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  • 5
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    Basel, Switzerland : Helbing & Lichtenhahn Verlag AG
    Kyklos 54 (2001), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
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  • 6
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    Basel, Switzerland : Helbing & Lichtenhahn Verlag AG
    Kyklos 54 (2001), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: A vast empirical literature has used ad hoc linear cross-country regressions to search for the determinants of FDI. The literature is extensive and controversial. Can policy-makers use this body of research to learn anything that can help them stimulate FDI? The author uses Extreme Bound Analysis (EBA) to examine if any of the conclusions from the existing studies is robust to small changes in the conditioning information set. The EBA upholds the robustness of the correlation between FDI and market-size, as measured by per-capita GDP, but indicates that the relation between FDI and many of the controversial variables (namely, tax, wage, openness, exchange rate, tariff, growth, and trade balance)bare highly sensitive to small alterations in the conditioning information set. The author also studies the distribution of the estimated coefficients of the controversial explanatory variables to rank them in order of their likelihood of their being correlated with FDI.
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  • 7
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    Basel, Switzerland : Helbing & Lichtenhahn Verlag AG
    Kyklos 54 (2001), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
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  • 8
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    Basel, Switzerland : Helbing & Lichtenhahn Verlag AG
    Kyklos 54 (2001), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
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  • 9
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    Basel, Switzerland : Helbing & Lichtenhahn Verlag AG
    Kyklos 54 (2001), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: Books reviewed:Allswang, John M., The Initiative and Referendum in California, 1898-1998Berthold, Norbert und Rainer Hank, Bündnis für Arbeit: Korporatismus statt WettewerbBromley, Daniel W., Sustaining Development Environmental Resources in Developing CountriesBuchanan, James M. and Roger D. Congleton, Politics by principle, Not Interestde Haan, Jakob (ed.), The History of the BundesbankEijffinger, Sylvester C. W. and Jakob de Haan, European Monetary and Fiscal PolicyFaccarello, Gilbert, The Foundations of Laissez-Faire: The Economics of Pierre de BoisguilbertFaucheux Sylvie, John Gowdy and Isabelle Nicolai, Sustainability and FirmsGarber, Peter M., Famous First BubblesHanson, Philip and Michael Bradshaw (eds.), Regional Economic Change in RussiaJean, François und Jean-Christophe Rufin (Hrsg.), Ökonomie der BürgerkriegeKern, William S. (ed.), The Economics of SportsKoslowski, Peter (ed.), Contemporary Economic Ethics and Business EthicsLee, Frederic S., Post-Keynesian Price TheoryLohmann, Dieta, Umweltpolitische Kooperationen zwischen Staat und Unternehmen aus Sicht der Neuen InstitutionenökonomikNeumayer, Eric, Weak versus Strong Sustainability: Exploring the Limits of Two Opposing ParadigmsPoterba, James M. and Jürgen von Hagen (eds.), Fiscal Institutions and Fiscal PerformanceRose-Ackerman, Susan, Corruption and GovernmentSchwartz, Hugh, Rationality Gone Awry?Sengupta, Jati K., New Growth TheoryStahler, Frank, Economic Games and Strategic BehaviourSunstein, Cass R. (ed.), Behavioural Law and EconomicsWeele, Erich, Aisen und der WestenWegner, Gerhard unde Josef Wieland (Hrsg.), Formelle und informelle InstitutionenWeisbrod, Burton A. (ed.), To Profit or Not to Profit: The Dilemma of Commercializing the Non-Profit SectorWelfens, Paul J.J. and Evgeny Gavrilenkov (eds.), Restructuring, Stabilizing and Modernizing the New RussiaWelfens, Paul J.J., John T. Addison, David B. Audretsch, Thomas Gries and Hariolf Grupp, Globalization, Economic Growth and Innovation Dynamics
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  • 10
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    Basel, Switzerland : Helbing & Lichtenhahn Verlag AG
    Kyklos 53 (2000), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
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  • 11
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    Basel, Switzerland : Helbing & Lichtenhahn Verlag AG
    Kyklos 53 (2000), S. 0 
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
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  • 12
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    Basel, Switzerland : Helbing & Lichtenhahn Verlag AG
    Kyklos 53 (2000), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
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  • 13
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    Basel, Switzerland : Helbing & Lichtenhahn Verlag AG
    Kyklos 53 (2000), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: Using references in Swedish patent data, we examine technology sourcing in Swedish multi-national enterprises (MNEs) and non-multinational small and medium-sized enterprises (SMEs). The results show that both types of firms are more likely to make references to countries with large patent stocks and to countries that are located close to Sweden. Trade and FDI also seem to facilitate the transfer of foreign technology to Sweden. However, trade contacts seem to be more important for technology sourcing in SMEs than in MNEs. Outward Foreign Direct Investment (FDI) is a channel for the diffusion of foreign technology to both home-country MNEs and SMEs.
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  • 14
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    Basel, Switzerland : Helbing & Lichtenhahn Verlag AG
    Kyklos 53 (2000), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: Book reviewed in this article:Frey, Bruno S., and Reiner Eichenberger, The New Democratic Federalism for Europe – Functional, Overlapping and Competing Jurisdictions
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  • 15
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    Basel, Switzerland : Helbing & Lichtenhahn Verlag AG
    Kyklos 53 (2000), S. 0 
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
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  • 16
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    Kyklos 53 (2000), S. 0 
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  • 17
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    Kyklos 53 (2000), S. 0 
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  • 18
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  • 19
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    Kyklos 53 (2000), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: Books reviewed:Alvardo, José and John Creedy, Population Ageing, Migration and Social ExpenditureAtkinson, Anthony B., The Economic Consequences of Rolling Back the Welfare StateBaldwi, Richard E., Daniel Cohn, Andre Sapir and Antony Venables (eds.), Market Integration, Regionalism and the Global EconomyBarrell, Ray and Nigel pain (eds.), Innovation, Investment and the Diffusion of Technology in EuropeBuch, Claudia M., Ralph P. Heinrich and Christian Pierdzioch, Foreign Capital and Economic Transformation: Risks and Benefits of Free Capital FlowsClements, Michael P. and David F. Hendry, Forecasting Economic Time SeriesGaliani, Ferdinando, Über das GeldGern, Klaus-Jürgen, Auswirkungen verschiedener Varianten einer negativen Einkommenstaur in DeutschlandGros, Daniel and Niels Thygesen, European Monetary Integration. From the European Monetary System to Economic and Monetary UnionGrosser, Dieter, Das Wagnis der Wäl;hrungs-, Wirtschafts- und Sozial-union: Politische Zwänge im Konflikt mit ökonomischen RegelnHart, Robert A. and Seiichi Kawasaki, Work and Pay in JapanHettich, Walter and Stanley L. Winer, Democratic Choice and TaxationKirchgässner, Gebhard, Lars P. Feld und Marcel R. Savioz, Die direkte Demokratie – modern, erfolgreich, entwicklungs- und exportfähigLindencrona, Gustaf, Sven-Olaf Lodin and Bertil Eiman (eds.), International Studies in Taxation: Law and EconomicsMcNamara, Kathleen R., The Currency of IdeaMilner, Chris (ed.), Developing and Newly Industrializing Countries. Volume I and IIPhlips, Louis (ed.), Applied Industrial EconomicsPyka, Andreas, Der kollektive InnovationsprozessSpulber, Daniel F., Market Microstructure: Intermediaries and the Theory of the FirmWeikard, Hans-Peter, Wahlfreiheit für zukünftige Generationen. Neue Grundlagen für eine Ressourcenökonomik
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  • 20
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    Kyklos 53 (2000), S. 0 
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  • 21
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    Kyklos 53 (2000), S. 0 
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  • 22
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    Kyklos 53 (2000), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: Turnout at elections cannot be easily explained by reference to instrumental rationality. The probability that any individual voter will alter an electoral outcome is miniscule and the net expected utility from voting is likely to be negative. Instead, high rates of turnout are explained by the consumption gains arising from the act of voting. This paper distinguishes between utility derived from fulfilling a civic duty and utility derived from expressing a political preference. Both considerations affect turnout but a test of the determinants of the decision of whether to vote and the decision of how to vote reveals that perceptions of the importance of civic duty are important when deciding whether to vote. Differences in preference for the political parties, differences in perceptions of policy certainty and differences in the integrity attributed to representatives of political parties are important when explaining how individuals vote. The implication is that intrinsic motivation is important when individuals consider whether or not to vote and the utility from expressive voting is more relevant when explaining how individuals vote. It follows that it is possible to explain high turnout rates even when there are periods of ‘consensus politics’. Moreover, policy designed to maintain standards in public life should be framed to ‘crowd in’ intrinsiv motivation.
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  • 23
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    Kyklos 53 (2000), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: This article relates to the view expressed by Pigou and Keynes that whatever factors affect the demand for goods it is ultimately producers' expectations and plans that determine the level of output. We build on this notion in order to address the question how changes in monetary policy affect output in Switzerland. For this purpose we study data on expected and actual output collected by the business cycle research center(KOF) at the Federal Institute of Technology (ETH) in Zürich. The econometric analysis documents that monetary affect output only by their impact on expectations of entrepreneurs. This finding contradicts the new classical view of the propagation of monetary shocks.
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  • 24
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    Kyklos 53 (2000), S. 0 
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: We develop an analytical framework to investigate some plausible channels that income inequality affects economic growth. Our empirical study concludes that income inequality has significant negative effect on the rate of GDP growth. Among the channels suggested by recent literature, we find that the most important one is the transfer channel while the least important one is the human capital channel. However, the direct impact of income inequality on the rate of productivity growth accounts for more than 55 percent of its overall total effect. This indicates that the effects of income inequality on economic growth are much more complicated than what we have perceived or modeled.
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  • 25
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    Kyklos 53 (2000), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: Starting from the proposition that the feudal political system functioned as a market for military security where no territorial monopolies and consequently no states in the modern sense of the word existed, state formation is here explained as the outcome of efforts to restrict competition in this market. The explanation draws on the theory of regulation which focuses on bargaining between interest groups and political authorities as the cause of the creation of entry barriers to markets. Which interest groups and authorities were concerned in late medieval and early modern state building is analyzed on the basis of three historical cases, two of which led to the creation of territorial monopolies of security while in one instance corresponding efforts failed.
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    Kyklos 53 (2000), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: In an insightful article published in this journal, Alan Musgrave (1981) has argued that once we distinguish between three types of assumptions, Milton Friedman’s F-twist – according to which the truth of the assumptions of an economic theory is irrelevant to its acceptability – can be untwisted. It is shown that once we bring in more clarity on the formal identity of the different kinds of assumptions, Musgrave’s contribution can be further defined: distinctions can be drawn between detectability and negligibility assumptions, and between domain and acceptability assumptions; the suggested gap between as-if assumptions and other kinds can be removed; another type, that of joint neglibility assumption, can be introduced; the untwisting of the F-twist can be accepted in all cases except in the case of early-step (heuristic) assumptions; and the art of paraphrase is shown to constitute the basis for Musgrave’s strategy and to have limits.
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  • 27
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    Kyklos 53 (2000), S. 0 
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  • 28
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  • 29
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  • 30
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  • 31
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  • 32
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    Topics: Sociology , Economics
    Notes: Recent divergencies in economic development have led to a growing literature comparing the US economy with (OECD-)Europe. The present article argues for a sceptical awareness of some limitations of these comparisons. By alternative groupings of countries the heterogeneous nature of European countries is underlined (limited to growth, inflation, and unemployment). This leads to the conclusion that to some extent comparisons between European nations or between the US and individual European nations could be valuable supplements to the generalizing US-Europe comparisons.
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    Kyklos 53 (2000), S. 0 
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    Topics: Sociology , Economics
    Notes: Books reviewed:Bates, Robert H., Avner Greif, Margaret Levi, Jean-Laurent Rosenthal and Barry R. Weingast, Analytic NarrativesBraithwaite, John and Peter Drahos, Global Business RegulationCobham, David and George Zis, (eds.) From EMS to EMU: 1979 to 1999 and BeyondDutta Prajit K., Stratejies and GamesFischer Lorenz, Thomas Kutsch und Ekkehard Stephan (Hrsg.), FianzpsychologieFrank Robert H., Luxury FeverO'Rourke Kevin and Jeffrey G. Williamson, Globalization and HistoryRochon, Louis-Philippe, Credit, Money and ProductionSapsford, David and John-ren Chen, (eds.) Development Economics and PolicySchrader, Klaus, Ordnungspolitische Weichenstellung für eine marktwirtschaftliche Entwicklung in mittel– und osteuropäischen LändernShiller, Robert J., Irrational ExuberanceSmithin, John, (ed.) What is Money?Szász, André, The Road to European Monetary UnionUnited Nations, World Investment ReportVerdun, Amy, European Responses to Globalization and Financial Market IntegrationWelfens, Paul J.J., EU Eastern Enlargement and the Russian Transformation CrisisWellisch, Dietmar, Theory of Public Finance in a Federal StateWorld Bank, Greening Industry
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    Notes: Wage expectations can play a significant role in a variety of economic areas. This study analyses the wage expectations of students who are on the verge of making a decision concerning their educational path or who have already reached such a decision. Since each student in our study has been asked to discuss expectations in relation to various educational scenarios, this data can be used to check certain human capital theory assumptions. It is possible to ascertain the wage effects which students expect from certain educational decisions. Moreover it is possible to assess the expected rates of return on education without asking the students directly. The results of this study make it clear that both in the USA and in Switzerland the wage expectations of students do not differ significantly from the cross-sectional labor market data, despite considerable heterogeneity in some cases.
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    Topics: Sociology , Economics
    Notes: Books reviewed:Salvador Barberá;, Peter J〉 Hammond and Christian Seidl (eds), Handbook of Utility TheoryViav Ona Bartkus, The Dynamic of SecessionPaul Beije, Technological Change in the Modern EconomyFrank Daumann, Interessenverbände im politischen ProzessMartin Feldstein, Privatizing Social SecurityBernhard Gahlen, Helmut hesse und Hans-Jürgen Ramser (Hsrg), Verteilungsprobleme der GegenwartNajib Harabi (Hsrg), Soxialpolitik in der BewährungPeter Hedström and Richard Swedberg (eds), Social MechanismsHermann W. HoenThe transformation of Economic Systems in Central EuropeHirosuke KawanishiThe Human Face of Industrial Conflict in Post-War JapanOECDEMU: Facts, Challenges and PoliciesBirger P. PriddatProduktive Kraft, sittliche Ordnung und geistige MachtJørn RattsøFiscal Federalism and State-Local FinanceEkkehart SchlichtOn Customs in the EconomyKlaus Schömann, Ralf Rogowski and Thomas KruppeLabour Market Efficiency in the European UnionKarol Soltan, Eric M. Uslaner and Virginia Haufler (eds),Institutions and Social OrderUnited NationsWorld Investment Report 1998
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    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: Effects on hours worked of cuts in the Swedish income taxes are analyzed using longtitudinal data that cover periods before and after a major tax reform in 1991. The results show that working males probably changed their hours very little as a result of reduced marginal tax rates, while women increased their hours in the order of 10 percent. One can thus conclude that the tax reforms increased gender inequality in workhours. Most of this effect comes directly from the tax changes and not through a change in the after tax net wage, a result that is not explained by a conventional myopic labor supply model with a static budget set.
    Type of Medium: Electronic Resource
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  • 40
    Electronic Resource
    Electronic Resource
    Basel, Switzerland : Helbing & Lichtenhahn Verlag AG
    Kyklos 53 (2000), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: Books reviewed:Allen, Franklin and Douglas Gale, Comparing Financial SystemsAntonelli, Christiano, The Microdynamics of Technological ChangeBester, Helmut, Theorie der IndustrieökonomikCoricelli, Fabrizio, Massimo di Matteo and Frank Hahn (eds.), New Theories in Growth and DevelopmentFranses, Philip Hans, Time Series Models for Business and Economic ForecastingFriege, Henning, Claudia Engelhardt und Karl Otto Henseling, Das Management von StoffströmenHecht, Dieter, Stoffpolitik als OrdnungspolitikGawal, Erik, Umweltabgaben zwischen Steuer- und GebührenlösungGerber, Elisabeth R., The Populist Paradox: The Promise of Direct LegislationHeld, Martin, und Hans G. Nutzinger (Hrsg.), Institutionen prägen MenschenKahneman, Daniel, Ed Diener and Norbert Schwarz (eds.), Well-BeingKnödler, Hermann, Inländische Beschäftigungseffekte deutscher DirektinvestionenLaidler, david (ed.), The Foundations of Monetary EconomicsOckenfels, Axel, Fairness, Reziprozität und Eigennutz: ökonomische Theorie und experimentelle EvidenzOlson, Mancur and Sabu Kähkönen (eds.), A Not-So-Dismal-SciencePies, Ingo and Martin Leschke (Hrsg.), Karl Poppers kritischer RationalismusRipperger, Tanja, Ökonomik des VertauensSolow, Robert, Monopolistic Competition and Macroeconomic TheoryWepler, Claus, Europäische Umweltpolitik
    Type of Medium: Electronic Resource
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  • 41
    Electronic Resource
    Electronic Resource
    Basel, Switzerland : Helbing & Lichtenhahn Verlag AG
    Kyklos 53 (2000), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Type of Medium: Electronic Resource
    Location Call Number Expected Availability
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