COVID-19, labor demand,and government responses: evidence from job posting data

Business Economics - Using high-frequency job advertisement data, this paper evaluates dynamics among COVID-19, labor market, and government policies. We find that COVID-19 has caused a significant...     

At the mercy of a prisoner three dictator experiments

We test male juvenile prisoners on a dictator game with another anonymous co-prisoner as recipient. Prisoners give more than students, but less than nonstudents of their age. They give more to a charity than to another prisoner. In one of two experiments, those convicted for violent crime give more than those convicted for property crime.     

Commuters route choice behaviour

The paper reports laboratory experiments with a two route choice scenario. In each session 18 subjects had to choose between a main road M and a side road S. The capacity of M was larger. Feedback was given in treatment I only on the subjects' own travel time and in treatment II on travel time for M and S. The main results are as follows:

• Mean numbers on M and S are near to pure equilibrium.

• Fluctuations persist until the end of the sessions.

• The total number of changes is significantly greater in treatment I.

• Subjects' road changes and payoffs are negatively correlated.

• A direct response mode results in more changes for bad payoffs whereas a contrary response mode shows opposite reactions.

• Simulations of an extended payoff sum learning model fits the main results of the statistical evaluation of the data.

The Effect of State Corporate Income Tax Rate Cuts on Job Creation

This paper compares the employment growth of states that enacted corporate income tax rate cuts in the past 23 years with those making no changes. Overall employment comparisons from 1990 to 2012 suggest that a reduction in the corporate income tax rate is associated with faster job creation. The states that cut corporate income tax rates started with slower employment growth than the states that made no changes. However, the growth gaps between the two groups of states disappeared in about five years after the tax cuts were made. Regression results confirm the observation that lower corporate tax rates have a significant and positive effect on employment growth. The enactment of a tax rate cut also has the additional but temporary benefit of promoting job creation as businesses adjust to the new tax rate. However, this benefit is temporary and only occurs during first year of the enactment of a tax cut.