infonet-economy

Die Präsentation führt über drei Segmente in die Komplexität des "Managing Diversity" und seinen 3-Säulen ein

We used single-pulse transcranial magnetic stimulation of the left primary hand motor cortex and motor evoked potentials of the contralateral right abductor pollicis brevis to probe motor cortex excitability during a standard mental rotation task. Based on previous findings we tested the following hypotheses. (i) Is the hand motor cortex activated more strongly during mental rotation...

This paper develops a dynamic stochastic general equilibrium model to examine the quantitative macroeconomic implications of counter-ncyclical fiscal policy for France, Germany and the UK. The model incorporates real wage rigidity which is the particular market failurenjustifying policy intervention. We subject the model to productivity shocks and use either government consumption or...

When valuing risky prospects, people tend to overweight small probabilities and to underweight large probabilities. Nonlinear probability weighting has proven to be a robust empirical phenomenon and has been integrated in decision models, such as cumulative prospect theory. Based on a laboratory experiment with real monetary incentives, we show that incidental emotional states, such...

This paper proposes a growth-oriented dual-income tax by combining an allowance for corporate equity with a broadly defined flat tax on personal capital income. Revenue losses are compensated by an increase in the value added tax. The paper demonstrates the neutrality properties of the reform with respect to investment, firm financial decisions and organizational choice. Tax rates...

The paper develops an overlapping generations model with probabilistic aging of households. We define age as a set of personal attributes such as earnings potential, health and tastes that are characteristic of a person's position in the life-cycle. In assuming a limited number of different states of age, we separate the concepts of age and time since birth. Agents may retain...

Der in Interview-Form gehaltene Beitrag entfaltet die Vision einer Gesellschaft, die auch den Verlierern der Globalisierung eine menschenwürdige und einer freiheitlichen Gesellschaft angemessene Existenz anbietet.