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Content
2019
2018
- 7441 Endogenous Timing and Income Inequality in the Voluntary Provision of Public Goods: Theory and Experiment
by Jun-ichi Itaya & Atsue Mizushima & Kengo Kurosaka
- 7440 Migrants and Firms: Evidence from China
by Clement Imbert & Marlon Seror & Yifan Zhang & Yanos Zylberberg
- 7439 Does Pre-Play Social Interaction Improve Negotiation Outcomes?
by Pablo Brañas-Garza & Antonio Cabrales & Guillermo Mateu & Angel Sanchez & Angela Sutan
- 7438 How to Deal with the Risks of Phasing out Coal in Germany through National Carbon Pricing
by Sebastian Osorio & Robert C. Pietzcker & Michael Pahle & Ottmar Edenhofer
- 7437 57 Channels (And Nothin On) - Does TV-News on the Eurozone Affect Government Bond Yield Spreads?
by Julia Wolfinger & Lars P. Feld & Ekkehard A. Köhler & Tobias Thomas
- 7436 Export Take-Offs and Acceleration: Unpacking Cross-Sector Linkages in the Evolution of Comparative Advantage
by Dany Bahar & Samuel Rosenow & Ernesto Stein & Rodrigo Wagner
- 7435 Firm Organization with Multiple Establishments
by Anna Gumpert & Henrike Steimer & Manfred Antoni
- 7434 Estimating Consumer Inertia in Repeated Choices of Smartphones
by Lukasz Grzybowski & Ambre Nicolle
- 7433 Sales and Markup Dispersion: Theory and Empirics
by Monika Mrázová & J. Peter Neary & Mathieu Parenti
- 7432 Exchange Competition, Entry, and Welfare
by Giovanni Cespa & Xavier Vives
- 7431 Transition from Copper to Fiber Broadband: The Role of Connection Speed and Switching Costs
by Lukasz Grzybowski & Maude Hasbi & Julienne Liang
- 7430 The KOF Globalisation Index - Revisited
by Savina Gygli & Florian Haelg & Niklas Potrafke & Jan-Egbert Sturm
- 7429 The Dynamics of Finance-Growth-Inequality Nexus: Theory and Evidence for India
by Pranab Kumar Das & Bhaswati Ganguli & Sugata Marjit & Sugata Sen Roy
- 7428 Assessing Income Tax Perturbations
by Vidar Christiansen & Zhiyang Jia & Thor Olav Thoresen
- 7427 Harmonization and Interpretation of the ifo Business Survey's Micro Data
by Sebastian Link
- 7426 Revisiting Time as a Trade Barrier: Evidence from a Panel Structural Gravity Model
by Harald Oberhofer & Michael Pfaffermayr & Richard Sellner
- 7425 Bank Regulation, Network Topology, and Systemic Risk: Evidence from the Great Depression
by Sanjiv R. Das & Kris James Mitchener & Angela Vossmeyer
- 7424 Freeze! Financial Sanctions and Bank Responses
by Matthias Efing & Stefan Goldbach & Volker Nitsch
- 7423 Frontloaded Income Taxation of Old-Age Pensions: For Efficiency and Fairness in a World of International Labor Mobility
by Bernd Genser & Robert Holzmann
- 7422 Financial Cycles, Credit Bubbles and Stabilization Policies
by Luisa Corrado & Tobias Schuler
- 7421 Family Planning and Climate Change
by Reyer Gerlagh & Veronica Lupi & Marzio Galeotti
- 7420 Knowledge Remittances: Does Emigration Foster Innovation?
by Thomas Fackler & Yvonne Giesing & Nadzeya Laurentsyeva
- 7419 Trade Protection and the Role of Non-Tariff Barriers
by Luisa Kinzius & Alexander-Nikolai Sandkamp & Erdal Yalcin
- 7418 Measuring the Competitiveness of Elections
by Gary W. Cox & Jon H. Fiva & Daniel M. Smith
- 7417 A Meta-Analysis of the Literature on Climate Change and Migration
by Michel Beine & Lionel Jeusette
- 7416 Salience and Skewness Preferences
by Markus Dertwinkel-Kalt & Mats Köster
- 7415 Telecommunication Submarine-Cable Deployment and the Digital Divide in Sub-Saharan Africa
by Joël Cariolle
- 7414 Steering the Climate System: An Extended Comment
by Linus Mattauch & Richard Millar & Rick van der Ploeg & Armon Rezai & Anselm Schultes & Frank Venmans & Nico Bauer & Simon Dietz & Ottmar Edenhofer & Niall Farrell & Cameron Hepburn & Gunnar Luderer & Jacquelyn Pless & Fiona Spuler & Nicholas Stern FBA & Alexander Teytelboym
- 7413 Optimal Amount of Attention to Capital Income Risk and Heterogeneous Precautionary Saving Behavior
by Penghui Yin
- 7412 What Happened to CIT Collection? Solving the Rates-Revenues Puzzle
by Gaetan Nicodeme & Antonella Caiumi & Ina Majewski
- 7411 Top Lights - Bright Cities and their Contribution to Economic Development
by Richard Bluhm & Melanie Krause
- 7410 The Origins of Common Identity: Evidence from Alsace-Lorraine
by Sirus Dehdari & Kai Gehring
- 7409 Immigrants' Contribution to Innovativeness: Evidence from a Non-Selective Immigration Country
by Katharina Candel-Haug & Alexander Cuntz & Oliver Falck
- 7408 Natural Disasters, Moral Hazard, and Special Interests in Congress
by Ethan Kaplan & Jörg L. Spenkuch & Haishan Yuan
- 7407 Fiscal Federalism and Income Inequality: An Empirical Analysis for Switzerland
by Lars P. Feld & Christian Frey & Christoph A. Schaltegger & Lukas A. Schmid
- 7406 Is It Worth It? On the Returns to Holding Political Office
by Heléne Berg
- 7405 Measuring Ethnic Stratification and its Effect on Trust in Africa
by Roland Hodler & Sorawoot Srisuma & Alberto Vesperoni & Noémie Zurlinden
- 7404 Pigou Pushes Preferences: Decarbonisation and Endogenous Values
by Linus Mattauch & Cameron Hepburn & Nicholas Stern
- 7403 The Political Economy of Too-Big-To-Fail
by J. Atsu Amegashie
- 7402 Inequality and Market Concentration, when Shareholding is more Skewed than Consumption
by Joshua Gans & Andrew Leigh & Martin C. Schmalz & Adam Triggs
- 7401 A Residual-based Threshold Method for Detection of Units that are Too Big to Fail in Large Factor Models
by George Kapetanios & M. Hashem Pesaran & Simon Reese
- 7400 Central Bank Policies and Financial Markets: Lessons from the Euro Crisis
by Ashoka Mody & Milan Nedeljkovic
- 7399 The Shortfall in Formal Employee Participation at the European Workplace
by John T. Addison & Paulino Teixeira
- 7398 Trade and Credit Reallocation: How Banks Help Shape Comparative Advantage
by Christian Keuschnigg & Michael Kogler
- 7397 The Invariant Distribution of Wealth and Employment Status in a Small Open Economy with Precautionary Savings
by Christian Bayer & Alan D. Rendall & Klaus Wälde
- 7396 Discrimination at Young Age: Experimental Evidence from Preschool Children
by Parampreet Christopher Bindra & Daniela Glätzle-Rützler & Philipp Lergetporer
- 7395 Financial Education in Schools: A Meta-Analysis of Experimental Studies
by Tim Kaiser & Lukas Menkhoff
- 7394 Selling Complementary Goods: Information and Products
by Suehyun Kwon
- 7393 Electoral Cycles in Perceived Corruption: International Empirical Evidence
by Niklas Potrafke
- 7392 The Sources of the Union Wage Gap: The Role of Worker, Firm, Match, and Jobtitle Heterogeneity
by John T. Addison & Pedro Portugal & Hugo Vilares
- 7391 Low Inflation: High Default Risk AND High Equity Valuations
by Harjaat S. Bhamra & Christian Dorion & Alexandre Jeanneret & Michael Weber & Michael Weber
- 7390 Streaming Platform and Strategic Recommendation Bias
by Marc Bourreau & Germain Gaudin
- 7389 Who is NOT Voting for Brexit Anymore?
by Eleonora Alabrese & Thiemo René Fetzer & Thiemo Fetzer
- 7388 There and Back Again: A Simple Theory of Planned Return Migration
by Florian Knauth & Jens Wrona
- 7387 Pareto-Improving Structural Reforms
by Gilles Saint-Paul
- 7386 The Econometrics and Economics of the Employment Effects of Minimum Wages: Getting from Known Unknowns to Known Knowns
by David Neumark
- 7385 Richer or more Numerous or both? The Role of Population and Economic Growth for Top Income Shares
by Carla Krolage & Andreas Peichl & Daniel Waldenström
- 7384 Do Children Benefit from Internet Access? Experimental Evidence from Peru
by Ofer Malamud & Santiago Cueta & Julian Cristia & Diether W. Beuermann
- 7383 Regulating Stock Externalities
by Reyer Gerlagh & Roweno J.R.K. Heijmans
- 7382 Quantifying Disruptive Trade Policies
by Edward J. Balistreri & Christoph Böhringer & Thomas F. Rutherford
- 7381 Collusive Tax Evasion by Employers and Employees: Evidence from a Randomized Field Experiment in Norway
by Marie Bjørneby & Annette Alstadsæter & Kjetil Telle
- 7380 Are Professors Worth It? The Value-added and Costs of Tutorial Instructors
by Jan Feld & Nicolás Salamanca & Ulf Zölitz
- 7379 What Hides Behind the German Labor Market Miracle? Unemployment Insurance Reforms and Labor Market Dynamics
by Benjamin Hartung & Philip Jung & Moritz Kuhn
- 7378 The Organization of International Trade
by Dominik Boddin & Frank Stähler
- 7377 Women’s Labor Market Responses to their Partners’ Unemployment and Low-Pay Employment
by Carina Keldenich & Andreas Knabe
- 7376 The Propagation of Monetary Policy Shocks in a Heterogeneous Production Economy
by Ernesto Pasten & Raphael S. Schoenle & Michael Weber & Michael Weber
- 7375 Do Judges Hate Speculators?
by Lars Hornuf & Lars Klöhn
- 7374 Who (Else) Benefits from Electricity Deregulation? Coal Prices, Natural Gas and Price Discrimination
by Jonathan E. Hughes & Ian A. Lange
- 7373 Patient vs. Provider Incentives in Long-Term Care
by Martin Benjamin Hackmann & R. Vincent Pohl
- 7372 Gender, Social Value Orientation, and Tax Compliance
by John D'Attoma & Clara Volintiru & Antoine Malezieux
- 7371 Let their Knowledge Flow: The Effect of Returning Refugees on Export Performance in the Former Yugoslavia
by Dany Bahar & Andreas Hauptmann & Cem Özgüzel & Hillel Rapoport
- 7370 Investments on the Norwegian Continental Shelf - An Empirical Analysis
by Pernille Parmer & Steinar Strøm & Helge Sandvig Thorsen & Inger Ubbe & Bjørnar Andreas Kvinge
- 7369 Regulation of Location-Specific Externalities
by Eirik S. Amundsen & Lars Gårn Hansen & Hans Jørgen Whitta-Jacobsen
- 7368 Lying and Reciprocity
by Simon Dato & Eberhard Feess & Petra Nieken
- 7367 Who Lobbies Whom? Special Interests and Hired Guns
by Christopher J. Ellis & Thomas Groll
- 7366 What Do We Know about the Macroeconomic Effects of Fiscal Policy? A Brief Survey of the Literature on Fiscal Multipliers
by Efrem Castelnuovo & Guay C. Lim
- 7365 Will Destination-Based Taxes be Fully Exploited when Available? An Application to the U.S. Commodity Tax System
by David R. Agrawal & Mohammed Mardan
- 7364 Carbon Prices are Redundant in the 2030 EU Climate and Energy Policy Package
by Finn Roar Aune & Rolf Golombek
- 7363 A Destination-Based Allowance for Corporate Equity
by Shafik Hebous & Alexander Klemm
- 7362 Are Economic Preferences Shaped by the Family Context? The Impact of Birth Order and Siblings' Sex Composition on Economic Preferences
by Lena Detlefsen & Andreas Friedl & Katharina Lima de Miranda & Ulrich Schmidt & Matthias Sutter
- 7361 Home Ownership and Monetary Policy Transmission
by Winfried Koeniger & Marc-Antoine Ramelet
- 7360 Strikes, Employee Workplace Representation, Unionism, and Industrial Relations Quality in European Establishments
by John T. Addison & Paulino Teixeira
- 7359 The Social Cost of Carbon and the Ramsey Rule
by Cees A. Withagen
- 7358 The Good, the Bad, and the Ugly: Impact of Negative Interest Rates and QE on the Profitability and Risk-Taking of 1600 German Banks
by Florian Urbschat
- 7357 Quantifying Brexit: From Ex Post to Ex Ante Using Structural Gravity
by Gabriel Felbermayr & Jasmin Katrin Gröschl & Marina Steininger & Gabriel J. Felbermayr
- 7356 Dissecting Between-Plant and Within-Plant Wage Dispersion - Evidence from Germany
by Daniel Baumgarten & Gabriel Felbermayr & Sybille Lehwald & Gabriel J. Felbermayr
- 7355 Heterogeneous Workers, Trade, and Migration
by Inga Heiland & Wilhelm Kohler
- 7354 Financial Market Responses to a Natural Disaster: Evidence from Local Credit Networks and the Indian Ocean Tsunami
by Kristina Czura & Stefan Klonner
- 7353 The Impact of Business and Political News on the GCC Stock Markets
by Alanoud Al-Maadid & Guglielmo Maria Caporale & Fabio Spagnolo & Nicola Spagnolo
- 7352 The Role of Volunteers in German Refugee Crisis and their Contribution to the Local Government Expenditure
by Chang Woon Nam & Peter Steinhoff
- 7351 Vacancy Durations and Entry Wages: Evidence from Linked Vacancy-Employer-Employee Data
by Andreas Kettemann & Andreas I. Mueller & Josef Zweimüller
- 7350 Occupational Match Quality and Gender over Two Cohorts
by John T. Addison & Liwen Chen & Orgul D. Ozturk
- 7349 Getting Life Expectancy Estimates Right for Pension Policy: Period versus Cohort Approach
by Mercedes Ayuso & Jorge Miguel Bravo & Robert Holzman
- 7348 Approximate Expected Utility Rationalization
by Federico Echenique & Taisuke Imai & Kota Saito
- 7347 Distance and the Multinational Wage Premium
by Hartmut Egger & Elke J. Jahn & Udo Kreickemeier
- 7346 Information Nudges and Self-Control
by Thomas Mariotti & Nikolaus Schweizer & Nora Szech & Jonas von Wangenheim
- 7345 Firms and Labor in Times of Violence: Evidence from the Mexican Drug War
by Hale Utar
- 7344 Land Use and Decentralized Government: A Strategic Approach for Playing a Short-Sighted Equilibrium
by Maria Carmela Aprile & Bruno Chiarini & Elisabetta Marzano
- 7343 Speculative Eurozone Attacks and Departure Strategies
by Stefan Homburg
- 7342 Wages and the Value of Nonemployment
by Simon Jäger & Benjamin Schoefer & Samuel Young & Josef Zweimüller
- 7341 Political Tension and Stock Markets in the Arabian Peninsula
by Alanoud Al-Maadid & Guglielmo Maria Caporale & Fabio Spagnolo & Nicola Spagnolo
- 7340 Welfare Effects of Capital-Market Integration in the Presence of an International Duopoly
by Panagiotis I. Karavitis & Michael S. Michael
- 7339 Stigma or Cushion? IMF Programs and Sovereign Creditworthiness
by Kai Gehring & Valentin F. Lang
- 7338 International Food Commodity Prices and Missing (Dis)Inflation in the Euro Area
by Gert Peersman
- 7337 Domestic and Global Output Gaps as Inflation Drivers: What Does the Phillips Curve Tell?
by Martina Jašová & Richhild Moessner & Előd Takáts
- 7336 Regional Resources and Democratic Secessionism
by Kai Gehring & Stephan A. Schneider
- 7335 Race-Blind Admissions, School Segregation, and Student Outcomes: Evidence from Race- Blind Magnet School Lotteries
by Jason B. Cook
- 7334 Institutional Reforms and an Incredible Rise in Old Age Employment
by Regina T. Riphahn & Rebecca Schrader
- 7333 Time Will Tell: Recovering Preferences when Choices Are Noisy
by Carlos Alós-Ferrer & Ernst Fehr & Nick Netzer
- 7332 Foreign Ownership and Skillbiased Technological Change
by Michael Koch & Marcel Smolka
- 7331 Taxes Versus Quantities Reassessed
by Larry S. Karp & Christian P. Traeger
- 7330 The Globalisation-Welfare State Nexus: Evidence from Asia
by Niklas Potrafke
- 7329 Buying Votes and International Organizations: The Dirty Work-Hypothesis
by Axel Dreher & Valentin F. Lang & B. Peter Rosendorff & James Raymond Vreeland
- 7328 Expropriations, Property Confiscations and New Offshore Entities: Evidence from the Panama Papers
by Ralph-C. Bayer & Roland Hodler & Paul A. Raschky & Anthony Strittmatter
- 7327 Preferential Trade Agreements and Global Sourcing
by Emanuel Ornelas & John L. Turner & Grant Bickwit
- 7326 A Threshold Model of Urban Development
by Alberto Vesperoni & Paul Schweinzer
- 7325 Self-Confidence and Reactions to Subjective Performance Evaluations
by Charles Bellemare & Alexander Sebald
- 7324 The Causal Effect of Trust
by Björn Bartling & Ernst Fehr & David B. Huffman & Nick Netzer
- 7323 From Natural Resources to Human Rights
by Thorvaldur Gylfason
- 7322 Does Public Sector Outsourcing Decrease Public Employment? Empirical Evidence from OECD Countries
by Niklas Potrafke
- 7321 Parental Time Restrictions and the Cost of Children: Insights from a Survey among Mothers
by Melanie Borah & Andreas Knabe & Kevin Pahlke
- 7320 Unilateral Tax Reform: Border Adjusted Taxes, Cash Flow Taxes, and Transfer Pricing
by Eric Bond & Thomas A. Gresik
- 7319 Overlapping Climate Clubs under Transaction Costs
by Emilson C.D. Silva & Chikara Yamaguchi
- 7318 Ten Years After: Iceland's Unfinished Business
by Thorvaldur Gylfason
- 7317 Optimal Taxation of Robots
by Uwe Thuemmel
- 7316 Is it the Gums, Teeth or the Bite? Effectiveness of Dimensions of Enforcement in Curbing Corruption
by Salvatore Capasso & Rajeev K. Goel & James W. Saunoris
- 7315 Gender Differences in Sabotage: The Role of Uncertainty and Beliefs
by Simon Dato & Petra Nieken
- 7314 Quantitative or Qualitative Forward Guidance: Does it Matter?
by Gunda-Alexandra Detmers & Özer Karagedikli & Richhild Moessner
- 7313 Religiosity and Terrorism: Evidence from Ramadan Fasting
by Roland Hodler & Paul A. Raschky & Anthony Strittmatter
- 7312 The Role of Institutions and Immigrant Networks in Firms’ Offshoring Decisions
by Simone Moriconi & Giovanni Peri & Dario Pozzoli
- 7311 Unemployment and Development
by Ying Feng & David Lagakos & James E. Rauch
- 7310 Learning from Failures: Optimal Contract for Experimentation and Production
by Fahad Khalil & Jacques Lawarree & Alexander Rodivilov
- 7309 Superstar Economists: Coauthorship Networks and Research Output
by Chih-Sheng Hsieh & Michael D. König & Xiaodong Liu & Christian Zimmermann
- 7308 Conspiracy Against the Public – An Experiment on Collusion
by Åshild A. Johnsen & Ola Kvaløy
- 7307 New Technologies, Global Value Chains, and the Developing Economies
by Dani Rodrik
- 7306 What Stayers Do? Capital Endowments and On-Farm Transitions in Rural China
by Hao Wang & Jan Fidrmuc & Qi Luo & Mingzhong Luo
- 7305 The Better Route to Global Tax Coordination: Gradualism or Multilateralism?
by Kai A. Konrad & Marcel Thum
- 7304 The Not-So-Generalized Effects of the Generalized System of Preferences
by Emanuel Ornelas & Marcos Ritel
- 7303 Transfer Pricing and the Arm's Length Principle under Imperfect Competition
by Jay Pil Choi & Taiji Furusawa & Jota Ishikawa
- 7302 How Wage Announcements Affect Job Search - A Field Experiment
by Michèle Belot & Philipp Kircher & Paul Muller
- 7301 Reaganomics: A Historical Watershed
by John Komlos
- 7300 A General Equilibrium Theory of Occupational Choice under Optimistic Beliefs about Entrepreneurial Ability
by Michele Dell'Era & Luca David Opromolla & Luís Santos-Pinto
- 7299 Reversible Environmental Catastrophes with Disconnected Generations
by Ben J. Heijdra & Pim Heijnen
- 7298 Gender Norms and Income Misreporting within Households
by Anja Roth & Michaela Slotwinski
- 7297 Corporate Social Responsibility and Tax Avoidance
by Laszlo Goerke
- 7296 Pledge-and-Review Bargaining
by Bård Harstad
- 7295 Personal Communication in an Automated World: Evidence from Loan Repayments
by Christine Laudenbach & Jenny Pirschel & Stephan Siegel
- 7294 Comfort and Conformity: A Culture-based Theory of Migration
by Ruxanda Berlinschi & Jan Fidrmuc
- 7293 Fertility Cost, Intergenerational Labor Division, and Female Employment
by Haiyue Yu & Jin Cao & Shulong Kang
- 7292 Can Job Search Assistance Improve the Labour Market Integration for Refugees? Evidence from a Field Experiment
by Michele Battisti & Yvonne Giesing & Nadzeya Laurentsyeva
- 7291 Heat and Learning
by Joshua S. Goodman & Michael Hurwitz & Jisung Park & Jonathan Smith
- 7290 Public Expenditure Spillovers: An Explanation for Heterogeneous Tax Reaction Functions
by Rosella Levaggi & Paolo Panteghini
- 7289 Electoral Reform and Voter Coordination
by Jon H. Fiva & Simon Hix
- 7288 Global Investors, the Dollar, and U.S. Credit Conditions
by Friederike Niepmann & Tim Schmidt-Eisenlohr
- 7287 New Output Gap Estimates for Assessing Fiscal Policy with Lessons for Euro Area Reform
by Heikki Oksanen
- 7286 Is Western European Agriculture Resilient to High Temperatures?
by Emanuele Massetti & Steven Van Passel & Camila Apablaza
- 7285 Do Survey Expectations of Stock Returns Reflect Risk-Adjustments?
by Klaus Adam & Dmitry Matveev & Stefan Nagel
- 7284 Good Mine, Bad Mine: Natural Resource Heterogeneity and Dutch Disease in Indonesia
by Paul Pelzl & Steven Poelhekke
- 7283 Dynamics and Endogeneity of Firms' Recruitment Behaviour
by Felix Ehrenfried & Christian Holzner
- 7282 Two Different Conflicts in Federal Systems: An Application to Canada
by Jack Mintz
- 7281 Short-time Work Subsidies in a Matching Model
by Volker Meier
- 7280 Bitcoin Fluctuations and the Frequency of Price Overreactions
by Guglielmo Maria Caporale & Alex Plastun & Viktor Oliinyk
- 7279 Energy Contagion Analysis: A New Perspective with Application to a Small Petroleum Economy
by Scott M. R. Mahadeo & Reinhold Heinlein & Gabriella Deborah Legrenzi
- 7278 Politicians' Payments in a Proportional Party System
by Heléne Berg
- 7277 How do Small Firms Respond to Tax Schedule Discontinuities? Evidence from South African Tax Registers
by Wian Boonzaaier & Jarkko Harju & Tuomas Matikka & Jukka Pirttilä
- 7276 Complex Ballot Propositions, Individual Voting Behavior, and Status quo Bias
by Zohal Hessami & Sven Resnjanskij
- 7275 Labor Responses, Regulation and Business Churn
by Marta Aloi & Huw D. Dixon & Anthony Savagar
- 7274 Entry Barriers and the Labor Market Outcomes of Incumbent Workers: Evidence from a Deregulation Reform in the German Crafts Sector
by Philipp Lergetporer & Jens Ruhose & Lisa Simon
- 7273 The Subminimum Wage Reform in Greece and the Labour-Labour Substitution Hypothesis
by Theano Kakoulidou & Panagiotis Konstantinou & Thomas Moutos
- 7272 Great Volatility and Great Moderation
by Jakob Grazzini & Domenico Massaro
- 7271 Optimal Need-Based Financial Aid
by Mark Colas & Sebastian Findeisen & Dominik Sachs
- 7270 Future European Alliance - Europe as a Flexible Democracy
by Bruno S. Frey & Armin Steuernagel & Jonas Friedrich
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