TY - GEN A1 - Groß, Steffen A1 - Pitsoulis, Athanassios T1 - "The Other Side of the Argument": Isaiah Berlin versus F.A. von Hayek on Liberty, Public Policies and the Market T2 - Constitutional Political Economy Y1 - 2015 U6 - https://doi.org/10.1007/s10602-015-9193-3 SN - 1572-9966 SN - 1043-4062 VL - 26 IS - 4 SP - 475 EP - 494 ER - TY - GEN A1 - Pitsoulis, Athanassios A1 - Schwuchow, Sören C. T1 - Coercion, credibility, and mid-air interceptions of military planes T2 - Peace Economics, Peace Science and Public Policy N2 - Pointing out the remarkable levels of hostile interaction in the air space over contested territory between states like China and Japan or Greece and Turkey we argue that air space incursions can be interpreted as a rational strategy with ultimately political aims. In our interpretation deliberate intrusions of military aircraft into sensitive air space serve as an indirect risk-generating mechanism, as they will trigger scrambles of the opposed government's air force which may escalate into a military crisis. We derive testable hypotheses from a game-theoretic model, which we developed in earlier work to explore the strategic logic behind this risk-generating mechanism more rigorously. In order to test whether the model's predictions regarding the effect of short-term economic developments on the states' interaction hold, we built a database of daily event observations from the Hellenic National Defence General Staff reports of the last 4 years, containing time series data of Turkish intrusions into Greek-claimed air space and the number of dogfights between Greek and Turkish fighter planes. What we find is that not only Greek engagements of Turkish intruders but also massed, provocative Turkish intrusions have become significantly less likely after the onset of the Greek economic crisis. These findings are well in line with the predictions of the model and thus supportive of our theory. Y1 - 2014 U6 - https://doi.org/10.1515/peps-2014-0040 SN - 1554-8597 VL - 20 IS - 4 SP - 697 EP - 707 ER - TY - GEN A1 - Feld, Lars P. A1 - Schnellenbach, Jan T1 - Political Institutions and Income (Re-)Distribution: Evidence from Developed Economies T2 - Public Choice N2 - We discuss the effect of formal political institutions (electoral systems, fiscal decentralization, presidential and parliamentary regimes) on the extent and direction of income (re-)distribution. Empirical evidence is presented for a large sample of 70 economies and a panel of 13 OECD countries between 1981 and 1998. The evidence indicates that presidential regimes are associated with a less equal distribution of disposable incomes, while electoral systems have no significant effects. Fiscal competition is associated with less income redistribution and a less equal distribution of disposable incomes, but also with a more equal primary income distribution. Our evidence also is in line with earlier empirical contributions that find a positive relationship between trade openness and equality in primary and disposable incomes, as well as the overall redistributive effort. KW - Redistribution KW - Formal institutions KW - Fiscal decentralization KW - Presidential and parliamentary regimes KW - Electoral systems Y1 - 2014 U6 - https://doi.org/10.1007/s11127-013-0116-4 SN - 1573-7101 VL - 159 IS - 3 SP - 435 EP - 455 ER - TY - CHAP A1 - Schnellenbach, Jan ED - Backhaus, Jürgen G. T1 - Path-dependent rule evolution T2 - Encyclopedia of Law and Economics Y1 - 2014 U6 - https://doi.org/10.1007/978-1-4614-7883-6_362-1 PB - Springer CY - Heidelberg ER - TY - GEN A1 - Groß, Steffen T1 - The Power of "Mapping the Territory". Why Economists Should Become More Aware of the Performative Powers of their Models T2 - Journal of Business Economics Y1 - 2014 U6 - https://doi.org/10.1007/s11573-014-0746-0 SN - 1861-8928 SN - 0044-2372 VL - 84 IS - 9 SP - 1237 EP - 1259 ER - TY - GEN A1 - Schubert, Christian T1 - How to evaluate creative destruction: Reconstructing Schumpeter’s approach T2 - Cambridge Journal of Economics Y1 - 2013 U6 - https://doi.org/10.1093/cje/bes055 SN - 1464-3545 VL - 37 IS - 2 SP - 227 EP - 250 ER - TY - GEN A1 - Schubert, Christian A1 - Cordes, Christian T1 - Role Models that make you unhappy: Light Paternalism, Social Learning and Welfare T2 - Journal of Institutional Economics Y1 - 2013 U6 - https://doi.org/10.1017/S1744137413000015 SN - 1744-1382 VL - 9 IS - 2 SP - 131 EP - 159 ER - TY - GEN A1 - Schubert, Christian T1 - The pitfalls of Darwinian “progress”: a comment on “Evolvability and progress in evolutionary economics” by Tim Cochrane and James Maclaurin T2 - Journal of Bioeconomics Y1 - 2013 U6 - https://doi.org/10.1007/s10818-012-9146-0 SN - 1573-6989 VL - 15 IS - 3 SP - 325 EP - 328 ER - TY - GEN A1 - Bjørnskov, Christian A1 - Dreher, Axel A1 - Fischer, Justina A1 - Schnellenbach, Jan A1 - Gehring, Kai T1 - Inequality and Happiness: When Perceived Social Mobility and Economic Reality Do Not Match T2 - Journal of Economic Behavior & Organization N2 - We argue that perceived fairness of the income generation process affects the association between income inequality and subjective well-being, and that there are systematic differences in this regard between countries that are characterized by a high or, respectively, low level of actual fairness. Using a simple model of individual labor market participation under uncertainty, we predict that high levels of perceived fairness cause higher levels of individual welfare, and lower support for income redistribution. Income inequality is predicted to have a more favorable impact on subjective well-being for individuals with high fairness perceptions. This relationship is predicted to be stronger in societies that are characterized by low actual fairness. Using data on subjective well-being and a broad set of fairness measures from a pseudo micro-panel from the WVS over the 1990–2008 period, we find strong support for the negative (positive) association between fairness perceptions and the demand for more equal incomes (subjective well-being). We also find strong empirical support for the predicted differences in individual tolerance for income inequality, and the predicted influence of actual fairness. KW - Happiness KW - Life satisfaction KW - Subjective well-being KW - Inequality KW - Income distribution KW - Redistribution KW - Political ideology KW - Justice KW - Fairness KW - World Values Survey Y1 - 2013 U6 - https://doi.org/10.1016/j.jebo.2013.03.017 SN - 0167-2681 VL - 91 SP - 75 EP - 92 ER - TY - CHAP A1 - Schnellenbach, Jan A1 - Baskaran, Thushyanthan A1 - Feld, Lars P. ED - Büstorf, Guido ED - Cantner, Uwe ED - Hanusch, Horst ED - Huttner, Michael ED - Lorenz, Hans-Walter ED - Rahmeyer, Fritz T1 - Creative Destruction and Fiscal Institutions: A Long-Run Case Study of Three Regions T2 - The Two Sides of Innovation: Creation and Destruction in the Evolution of Capitalist Economies Y1 - 2013 SN - 978-3-319-01495-1 U6 - https://doi.org/10.1007/978-3-319-01496-8 N1 - Nachdruck des gleichnamigen Beitrages aus dem Journal of Evolutionary Economics SP - 187 EP - 207 PB - Springer CY - New York, NY [u.a.] ER - TY - CHAP A1 - Schnellenbach, Jan ED - Garello, Pierre T1 - Current Issues in Tax Policy in Germany and the Netherlands T2 - Taxation in Europe 2013 : the yearly report on the evolution of European tax systems Y1 - 2013 UR - http://en.irefeurope.org/SITES/en.irefeurope.org/IMG/pdf/taxation-in-europe-yearbook_iref-europe-2013.pdf PB - Institute for Research on Economic and Fiscal Issues CY - Paris ER - TY - GEN A1 - Schubert, Christian T1 - Is Novelty always a good thing? Towards an evolutionary welfare economics T2 - Journal of Evolutionary Economics Y1 - 2012 U6 - https://doi.org/10.1007/s00191-011-0257-x SN - 1432-1386 VL - 22 IS - 3 SP - 585 EP - 619 ER - TY - GEN A1 - Schubert, Christian T1 - Pursuing Happiness T2 - Kyklos Y1 - 2012 U6 - https://doi.org/10.1111/j.1467-6435.2012.00537.x SN - 1467-6435 VL - 65 IS - 2 SP - 245 EP - 261 ER - TY - GEN A1 - Pitsoulis, Athanassios A1 - Schnellenbach, Jan T1 - On Property Rights and Incentives in Academic Publishing T2 - Research Policy N2 - The peer review system in academic publishing performs two important functions by screening a manuscript for its quality, and by helping to further improve an author's work. However, it often fails to perform these functions in a satisfactory manner. We argue that property rights theory can be fruitfully applied to understand these shortcomings, and to develop reform proposals. The present paper discusses the incentive-problems in journal peer review from an institutional economics perspective, arguing that the incentives of both authors and reviewers to fully exploit a manuscript's potential depend on their property rights. Based on this theory of peer review, we argue that the recent proposal of an “as is” review policy combined with increased accountability of referees can be expected to result in a higher efficiency of peer review. KW - Academic journals KW - Scientific publishing KW - Peer review policy KW - Property rights Y1 - 2012 U6 - https://doi.org/10.1016/j.respol.2012.03.005 SN - 0048-7333 VL - 41 IS - 8 SP - 1440 EP - 1447 ER - TY - GEN A1 - Schnellenbach, Jan T1 - The Economics of Taxing Net Wealth: A Survey of the Issues T2 - Public Finance and Management N2 - This paper surveys possible motivations for having a net wealth tax. After giving a short overview over the state of wealth taxation in OECD countries, we discuss both popular arguments for such a tax, as well as economic arguments. It is argued that classical normative principles of taxation known from public economics cannot give a sound justification for a net wealth tax. The efficiency-related effects are also discussed and shown to be theoretically ambiguous, while empirical evidence hints at a negative effect on GDP growth. Finally, it is argued that despite of widespread and persistent lobbying for a revitalization of the net wealth tax, this is unlikely to happen due to political economy constraints. KW - net wealth tax KW - wealth KW - inequality KW - redistribution Y1 - 2012 SN - 1523-9721 VL - 12 IS - 4 SP - 368 EP - 400 ER - TY - GEN A1 - Feld, Lars P. A1 - Schnellenbach, Jan A1 - Baskaran, Thushyanthan T1 - Creative Destruction and Fiscal Institutions: A Long-Run Case Study of Three Regions T2 - Journal of Evolutionary Economics N2 - We analyze the rise and decline of the steel and mining industries in the regions of Saarland, Lorraine and Luxembourg. Our main focus is on the period of structural decline in these industries after the second world war. Differences in the institutional framework of these regions are exploited to analyze the way in which the broader fiscal constitution sets incentives for governments either to obstruct or to encourage structural change in the private sector. Our main result is that fiscal autonomy of a region subjected to structural change in its private sector is associated with a relatively faster decline of employment in the sectors affected. Contrary to the political lore, fiscal transfers appear not to be used to speed up the destruction of old sectors, but rather to stabilize them. KW - Structural change KW - Fiscal federalism KW - Grants in aid KW - Creative destruction Y1 - 2012 SN - 0936-9937 VL - 22 IS - 3 SP - 563 EP - 583 ER - TY - GEN A1 - Schnellenbach, Jan T1 - Nudges and Norms: On the Political Economy of Soft Paternalism T2 - European Journal of Political Economy N2 - This paper discusses soft (or libertarian) paternalism, as proposed among others by Thaler and Sunstein (2008). It is argued that soft paternalism should not be understood as an efficiency-enhancing, but as a redistributive concept. The relationship between soft paternalism and social norms is discussed in detail. In particular, it is argued that soft paternalism increases the stability of given social norms, which in turn need not be efficient, nor in the material self-interest of a majority of individuals. Soft paternalism is argued to be an essentially conservative concept of policy-making in the sense that it tends to increase the longevity of status quo social norms. KW - Libertarian paternalism KW - Soft paternalism KW - Social norms KW - Informal institutions KW - Behavioral political economics KW - Sour grapes KW - Expressive behavior Y1 - 2012 U6 - https://doi.org/10.1016/j.ejpoleco.2011.12.001 SN - 0176-2680 VL - 28 IS - 2 SP - 266 EP - 277 ER - TY - CHAP A1 - Schnellenbach, Jan ED - Garello, Pierre T1 - Current Issues in Tax Policy in Germany T2 - Taxation in Europe 2012 : the yearly report on the evolution of European tax systems Y1 - 2012 UR - http://en.irefeurope.org/SITES/en.irefeurope.org/IMG/pdf/taxation_in_europe_2012_-_iref_yearbook.pdf PB - Institute for Research on Economic and Fiscal Issues CY - Paris ER - TY - GEN A1 - Pitsoulis, Athanassios A1 - Siebel, Jens Peter T1 - Four Budget Deficit Theories in One Model Y1 - 2011 UR - http://frank.mtsu.edu/~jee/issues_2011summer.html ER - TY - GEN A1 - Pitsoulis, Athanassios T1 - The egalitarian battlefield: Reflections on the origins of majority rule in archaic Greece Y1 - 2011 ER -