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Expert Opinion Leaders' Impact on Voter Turnout: The Case of the Internet Chess Match Kasparov vs. World

This paper investigates empirically for the first time the impact of experts' agreement on voter turnout. Data were obtained when voters, advised by four independent experts, had to decide on the next move against a chess world champion. Analyzing total voter turnout as well as individual voters' behavior in a panel data subsample, and employing OLS median and ARMAX regression techniques, we find that ...

Stricter Enforcement May Increase Tax Evasion

This paper shows that stricter enforcement may increase tax evasion. Individuals vote on a linear income tax, which is used to finance lump sum transfers. Individuals may evade taxes, but they have to pay fines when caught. Stricter enforcement may make redistributive taxation more attractive to the decisive voter. The tax rate and transfer may rise, which in turn may increase tax evasion. The paper ...

Household Taxation, Income Splitting and Labor Supply Incentives: A Microsimulation Study for Germany

We analyze potential labor supply effects of a shift from the current German system of joint taxation of married couples to a system of limited real income splitting on the basis of an econometric household labor supply model embedded in a tax benefit model. Our simulation results show relatively small labor supply effects of a shift from the current system to one of limited real income splitting system. ...

Konfliktuelle Integration? Die sozialen Konsequenzen der Lage der türkischen Bevölkerung in Deutschland und der nordafrikanischen Bevölkerung in Frankreich

Seit den 1980er Jahren gehören Konflikte mit einem ethnischen Hintergrund zur Alltagsrealität in Frankreich. In Deutschland fehlen dagegen weitgehend solche Konflikte. Ausgehend von Unterschieden im institutionellen Kontext der Integration von Zuwanderern in Deutschland und Frankreich untersucht der vorliegende Artikel die soziale Lage der türkischen Immigranten in Deutschland und der maghrebinischen ...

Games of Climate Change with International Trade

We analyse games of greenhouse gas emission reduction in which the emissions and the emission reduction costs of one country depend on other countries' emission abatement. In an analytically tractable model, we show that international trade effects on costs and emissions can either increase or decrease incentives to reduce emissions and to cooperate on emission abatement; in some specifications, optimal ...

Vertical Foreclosure versus Downstream Competition with Capital Precommitment

The recent literature on vertical foreclosure suggests that vertical integration can have the anticompetitive effect of enabling an upstream firm to commit to restricting output to downstream firms at the monopoly level. We allow the upstream firm to make an ex-ante capital precommitment. We show that, if integration is outlawed, the upstream firm will distort capital downward as an alternative device ...

The Economic Consequences of Terror: Guest Editor's Introduction

This introduction notes the importance of the economic evaluation of the consequences of terror and summarizes the contributions in this special issue.

Terrorism and International Trade: An Empirical Investigation

This paper examines the effect of terrorism and warfare on international trade. We investigate bilateral trade flows between more than 200 countries over the period from 1960 to 1993. Applying an augmented gravity model that includes several measures of terrorism and large-scale violence, we find compelling evidence that terrorist actions reduce the volume of trade; a doubling in the number of terrorist ...

Der Einfluss von Persönlichkeitseigenschaften und sozialen Ressourcen auf die Arbeitslosigkeitsdauer

OPEC's Optimal Crude Oil Price

In March 2000, OPEC decided to stabilise oil prices within a range of 22-28 US-Dollar/barrel of crude oil. Such an oil-price-level is far beyond the short and long run marginal costs of oil production, beyond even that in regions with particularly high costs. Nevertheless, OPEC may achieve its goal if world demand for oil increases substantially in the future and oil resources outside the OPEC are ...