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Evaluating Chef's Creativity and Restaurant Quality: An Empirical Analysis of the Role of Gastronomic Guides in the Italian Fine-Dining Market 评价厨师的创造力和餐厅质量:意大利美食市场中美食指南作用的实证分析
IF 1.5 3区 经济学 Q2 ECONOMICS Pub Date : 2025-03-06 DOI: 10.1111/kykl.12446
Francesco Angelini, Massimiliano Castellani, Pierpaolo Pattitoni

The quality of fine-dining restaurant food is complex and presents information issues in customers' quality evaluation, configuring this good as a luxury and cultural good. We investigate the role of experts in influencing customers' evaluation and other stakeholders' characteristics in such a sector by analyzing a dataset of top Italian chefs and restaurants from 2011 to 2019. To complement these data, we directly surveyed starred chefs to get their self-assessment. We use a structural equation model to measure cooking knowledge, culinary creativity, chefs' and restaurants' names, and experts' and customers' evaluations. We analyze the relationships between these constructs and variables like meal prices, seating capacity, tourist and resident numbers, and chef's age. Guides play a significant role in shaping customers' evaluations and influencing prices. Furthermore, fine dining experts focus more on evaluating the businesses themselves, the supply side, rather than the chefs' creation process, the “creative side”.

高级餐厅食品的质量是复杂的,在顾客的质量评价中呈现出信息问题,将这种商品配置为奢侈品和文化商品。我们通过分析2011年至2019年意大利顶级厨师和餐厅的数据集,研究了专家在影响客户评价和其他利益相关者特征方面的作用。为了补充这些数据,我们直接调查了星级厨师,以获得他们的自我评价。我们使用结构方程模型来衡量烹饪知识、烹饪创造力、厨师和餐馆的名字,以及专家和顾客的评价。我们分析了这些结构与餐饮价格、座位容量、游客和居民数量以及厨师年龄等变量之间的关系。导购在塑造顾客评价和影响价格方面发挥着重要作用。此外,高级餐饮专家更注重评估企业本身,即供应方面,而不是厨师的创作过程,即“创意方面”。
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引用次数: 0
Interdependent Preferences for Financing and Providing Public Goods—The Case of National Defense 融资和提供公共产品的相互依赖偏好——以国防为例
IF 1.5 3区 经济学 Q2 ECONOMICS Pub Date : 2025-02-24 DOI: 10.1111/kykl.12442
Armin A. Bolouri, Tim Lohse, Salmai Qari

Governments often choose deficit financing over budget cuts or tax increases to fund public goods, driven by the political unpopularity of the latter options. This study investigates the potential trade-off between maintaining prudent public finances and securing voter support by analyzing the relationship between preferences for the provision and financing of public goods. We use a survey-based discrete choice experiment with 1808 respondents representative of the German population. Focusing on national defense as a case study, our findings reveal a strong interdependence between spending and financing preferences: individuals who highly value defense readiness and are aware of its costs tend to support deficit-neutral budgeting, favoring tax increases to finance budget expansions. Conversely, those less supportive of defense expenditure prefer debt issuance and budget consolidation, avoiding immediate cost-bearing. Additionally, preferences vary by political and sociodemographic characteristics. These results indicate that citizens' preferences are interdependent, influenced by both revenues and expenditures in the public budget. Moreover, they suggest that prudent fiscal policies aligned with public support—such as tax-based financing for defense—may be politically feasible. Policymakers can leverage these insights to design fiscal strategies that reflect voter priorities, thereby reducing the risk of electoral backlash and promoting sustainable public finances.

由于后一种选择在政治上不受欢迎,政府往往会选择赤字融资,而不是削减预算或增加税收,为公共产品提供资金。本研究通过分析公共产品提供和融资偏好之间的关系,探讨了维持审慎的公共财政和确保选民支持之间的潜在权衡。我们使用基于调查的离散选择实验与1808受访者代表德国人口。以国防为例,我们的研究结果揭示了支出和融资偏好之间的强烈相互依赖性:高度重视国防准备并意识到其成本的个人倾向于支持赤字中性预算,倾向于增加税收以资助预算扩张。相反,那些不太支持国防开支的国家倾向于发行债务和巩固预算,避免立即承担费用。此外,偏好因政治和社会人口特征而异。这些结果表明,公民的偏好是相互依赖的,受到公共预算收入和支出的影响。此外,他们还建议,与公众支持相一致的审慎财政政策——比如以税收为基础的国防融资——在政治上可能是可行的。政策制定者可以利用这些见解来设计反映选民优先事项的财政战略,从而降低选举反弹的风险,促进公共财政的可持续发展。
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引用次数: 0
Perceptions, Contagion, and Civil Unrest 观念、传染和内乱
IF 1.5 3区 经济学 Q2 ECONOMICS Pub Date : 2025-02-24 DOI: 10.1111/kykl.12443
Christophe Abi-Nassif, Asif Mohammed Islam, Daniel Lederman

This paper investigates the impact of citizens' perceptions of economic and political conditions on nonviolent uprisings. For a global sample of high-income (Europe) and developing economies (Sub-Saharan Africa, South Asia, East Asia and the Pacific, Latin America, and Middle East and North Africa), on average, negative perceptions of political conditions have a significant positive effect on the number of anti-government protests and general strikes while negative perceptions of economic conditions do not, even after accounting for actual economic conditions and the quality of governance. This holds for European and high-income countries but not for developing economies where both economic and political perceptions matter. The international contagion of protests attenuates this regional heterogeneity, possibly implying that in Europe, the incidence of uprisings in nearby countries tends to generate protests at home through its effect on political perceptions. This invites the possibility of countries perennially facing vicious cycles of protests. Overall, the effects of political perceptions and protest contagion are robust to the inclusion of numerous control variables, seemingly valid instrumental variables, alternative count-data estimators, and sample composition.

本文调查了公民对经济和政治条件的看法对非暴力起义的影响。对于高收入(欧洲)和发展中经济体(撒哈拉以南非洲、南亚、东亚和太平洋、拉丁美洲、中东和北非)的全球样本而言,平均而言,对政治状况的负面看法对反政府抗议和大罢工的数量有显著的积极影响,而对经济状况的负面看法则没有,即使在考虑了实际经济状况和治理质量之后也是如此。这适用于欧洲和高收入国家,但不适用于经济和政治观念都很重要的发展中经济体。抗议活动的国际传染削弱了这种区域异质性,这可能意味着,在欧洲,附近国家的起义事件往往会通过其对政治观念的影响在国内引发抗议活动。这可能导致各国长期面临抗议的恶性循环。总体而言,政治观念和抗议传染的影响对包括许多控制变量,看似有效的工具变量,替代计数数据估计器和样本组成都是稳健的。
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引用次数: 0
Spatial Spillover Effects of Corruption Controls: Focusing on the Public Sector in Vietnam 腐败控制的空间溢出效应:以越南公共部门为例
IF 1.5 3区 经济学 Q2 ECONOMICS Pub Date : 2025-02-17 DOI: 10.1111/kykl.12445
Nhan Thanh Trinh, Khoa Anh Trinh

This study contributes to the literature on corruption by exploring the impact of corruption controls in one region on corruption in other regions within a country, known as the spatial spillover effect. Specifically, using spatial econometric models and a panel dataset from all 63 provinces in Vietnam during the 2011–2023 period, the study finds that the spatial spillover effect of corruption controls on corruption can function through three main channels: (1) Corruption controls directly impact corruption within a province, subsequently affecting corruption in neighbouring provinces through the spatial spillover effect of corruption; (2) corruption control practices directly affect corruption in neighbouring provinces; and (3) corruption control practices in the given province affect corruption control practices in neighbouring provinces, changing corruption there. However, this effect is primarily generated by the adjacent provinces and dramatically diminishes corresponding to the increase in distance between provinces. The results also suggest that the effect of current corruption control efforts is more potent than the past efforts. These findings offer valuable information to policymakers enacting anticorruption initiatives.

本研究通过探索一个地区的腐败控制对一个国家内其他地区腐败的影响,即所谓的空间溢出效应,为有关腐败的文献做出了贡献。具体而言,利用空间计量模型和2011-2023年越南所有63个省份的面板数据,研究发现腐败控制对腐败的空间溢出效应主要通过三个渠道发挥作用:(1)腐败控制直接影响一个省份的腐败,进而通过腐败的空间溢出效应影响相邻省份的腐败;(2)反腐败实践直接影响周边省份的腐败;(3)特定省份的腐败控制措施会影响邻近省份的腐败控制措施,从而改变那里的腐败。然而,这种效应主要是由邻近省份产生的,并随着各省之间距离的增加而急剧减弱。结果还表明,当前的腐败控制努力的效果比过去的努力更有效。这些发现为制定反腐败倡议的决策者提供了有价值的信息。
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引用次数: 0
Public Debt and the Income Share of the Top One Percent: The Italian Case, 1974–2019 公共债务和收入最高的1%的收入份额:1974-2019年的意大利案例
IF 1.5 3区 经济学 Q2 ECONOMICS Pub Date : 2025-02-13 DOI: 10.1111/kykl.12444
Aggela Papadopoulou

This paper provides evidence that government debt is associated with increases in the income share of the top 1% in Italy between 1974 and 2019. The main argument of this study is that public debt ownership is highly concentrated at the top and interest payments on sovereign bonds are received by the wealthy bondholders. As the tax burden of financing interest payments falls on the entire population, public debt often entails a redistribution of income within a country. On top of that, modern bondholders rarely keep government bonds until maturity; rather they regularly trade in secondary markets to receive capital gains. This paper explores both historically and econometrically the two mechanisms and highlights the relevant importance of coupon payments on the Italian sovereign bonds for rising income inequality. Finally, this is the first paper to examine the drivers of the income share of the top 1% in Italy.

本文提供的证据表明,1974年至2019年间,意大利政府债务与收入最高的1%人群的收入份额增加有关。本研究的主要论点是,公共债务所有权高度集中在最高层,主权债券的利息支付由富有的债券持有人获得。由于支付利息的税收负担落在全体人民身上,公共债务往往需要在一个国家内重新分配收入。最重要的是,现代债券持有人很少持有政府债券直到到期;相反,他们经常在二级市场进行交易,以获得资本收益。本文从历史和计量经济学角度探讨了这两种机制,并强调了意大利主权债券的息票支付对收入不平等加剧的相关重要性。最后,这是第一篇研究意大利收入最高的1%人群收入份额驱动因素的论文。
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引用次数: 0
Effects of Teaching Practices on Life Satisfaction and Test Scores: Evidence From the Program for International Student Assessment (PISA) 教学实践对生活满意度和考试成绩的影响:来自国际学生评估项目(PISA)的证据
IF 1.5 3区 经济学 Q2 ECONOMICS Pub Date : 2025-02-11 DOI: 10.1111/kykl.12441
Kelsey J. O'Connor, Stefano Bartolini

Schools present an ideal setting for intervention. We demonstrate that a greater prevalence of group discussion used in schools positively affects students' life satisfaction and noncognitive skills, and has no negative impact on test scores, based on a sample from the 2015 PISA, which includes more than 35 thousand students from approximately 1500 schools in 14 countries. We perform regressions of student life satisfaction on school-level group discussion and lecturing, including a battery of controls and random intercepts by school. For robustness, we use instrumental variables and methods to account for school-selection. The impact of group discussion is meaningful—a one-standard-deviation increase leads to an increase in life satisfaction that is about one-half of the negative-association with grade repetition. In contrast, lecturing does not have any effects. We are the first to show group discussion improves student life satisfaction and noncognitive skills, and thereby likely positively affects later-life outcomes.

学校为干预提供了理想的环境。根据2015年国际学生评估项目的样本(包括来自14个国家约1500所学校的35000多名学生),我们证明,学校中更普遍的小组讨论对学生的生活满意度和非认知技能有积极影响,对考试成绩没有负面影响。我们对学校层面的小组讨论和讲课进行了学生生活满意度的回归,包括一系列的控制和学校的随机截取。为了稳健性,我们使用工具变量和方法来解释学校选择。小组讨论的影响是有意义的——一个标准偏差的增加导致生活满意度的增加,这大约是与年级重复负相关的一半。相比之下,讲课没有任何效果。我们是第一个表明小组讨论可以提高学生的生活满意度和非认知技能,从而可能对以后的生活产生积极影响的人。
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引用次数: 0
Statute of Limitations for Tax Evasion 逃税的诉讼时效
IF 1.5 3区 经济学 Q2 ECONOMICS Pub Date : 2025-02-04 DOI: 10.1111/kykl.12440
Raluca Pavel, Bernur Acikgoz, Jean-Christophe Poudou, Marc Willinger

We investigate the effects of retroactive audits and varying statutes of limitations on tax compliance through a laboratory experiment. First, we solve a dynamic model using Bellman's solution to show that longer limitation periods promote compliance by raising expected penalties, as each past period carries a higher probability of inspection. Second, in our experiment, we manipulate the statute of limitations (0, 1, 3, and 6 periods), providing data that support the model's predictions. Our data also suggest that a 3-year statute of limitation optimally balances compliance benefits with administrative efficiency.

我们通过实验室实验调查追溯审计和不同的法律限制对税务合规的影响。首先,我们使用Bellman的解求解一个动态模型,表明较长的限制期通过提高预期处罚来促进遵守,因为每一个过去的期限都有更高的检查概率。其次,在我们的实验中,我们操纵了诉讼时效(0,1,3和6个期间),提供了支持模型预测的数据。我们的数据还表明,3年的诉讼时效最优地平衡了合规性利益与行政效率。
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引用次数: 0
On a Transformation of the Gini Coefficient into a Well-Behaved Social Welfare Function 论基尼系数转化为一个规整的社会福利函数
IF 1.5 3区 经济学 Q2 ECONOMICS Pub Date : 2025-01-31 DOI: 10.1111/kykl.12420
Oded Stark

Following Sen’s (1973) characterization of the Gini coefficient as a ratio between a measure of aggregate income-based stress (“depression” in Sen’s terminology) and aggregate income, we transform the Gini coefficient into a social welfare function rather than having the Gini coefficient feature as an input in a social welfare function as in Sen (1973 and 1997), Sen (1976), and Sen (1982). The “Gini social welfare function” assigns weights that reflect preferences to aggregate income and to aggregate income-based stress (income inequality), a desirable property that a social welfare function in which the Gini coefficient features as an input does not have. The transformation bears on the formation of public policy and on the welfare analysis of policy interventions.

根据Sen(1973)将基尼系数描述为基于总收入的压力(Sen的术语为“抑郁”)与总收入之间的比率,我们将基尼系数转换为社会福利函数,而不是像Sen(1973和1997),Sen(1976)和Sen(1982)那样将基尼系数特征作为社会福利函数的输入。“基尼社会福利函数”分配的权重反映了对总收入和基于总收入的压力(收入不平等)的偏好,这是基尼系数作为输入特征的社会福利函数所不具备的理想属性。这种转变关系到公共政策的形成和政策干预的福利分析。
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引用次数: 0
Early Evidence of “Finance for Normal People” in the First Era of Globalization 第一次全球化时代“普通人金融”的早期证据
IF 1.5 3区 经济学 Q2 ECONOMICS Pub Date : 2025-01-27 DOI: 10.1111/kykl.12439
Maxime Merli, Antoine Parent

In this paper, we unearth a forgotten study of Pierre Des Essars, the director of research at the Banque de France in the late 19th century, enriched with comments from contemporary financial analysts. Des Essars provides the first and only existing example of the actual composition of French individual portfolios during the Belle Époque. By revisiting what is generally taught, our analyses show that many of the intuitions of “finance for normal people” were already present in the financial analysts' writings during the Belle Époque. Specifically, we show in an unprecedented way that these writings prefigure behavioral portfolio theory word for word a century before its emergence. In addition, our findings highlight that this popular science of investment was born from observations of individual portfolios and the objective of providing financial education for the masses. Finally, we reveal strong invariants in the construction of behavioral finance versus standard finance a century apart.

在本文中,我们发掘了 19 世纪末法兰西银行研究部主任皮埃尔-德-埃萨尔(Pierre Des Essars)被人遗忘的研究报告,并辅以当代金融分析师的评论。Des Essars 提供了 "美好年代 "法国个人投资组合实际构成的第一个也是唯一一个现存实例。通过重新审视一般的教学内容,我们的分析表明,"普通人的金融学 "的许多直觉在 "美好年代 "的金融分析家的著作中已经存在。具体来说,我们以一种前所未有的方式表明,这些著作一字不差地预示了行为投资组合理论在其出现前一个世纪的发展。此外,我们的研究结果还凸显出,这门大众投资科学诞生于对个人投资组合的观察以及为大众提供金融教育的目标。最后,我们揭示了相隔一个世纪后,行为金融学与标准金融学在构建过程中的强大不变性。
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引用次数: 0
Serial Position Bias Among Experts: Evidence From a Cooking Competition Show 专家的连续立场偏差:来自烹饪比赛节目的证据
IF 1.5 3区 经济学 Q2 ECONOMICS Pub Date : 2025-01-19 DOI: 10.1111/kykl.12436
Maira Emy Reimão, Rachel Sabbadini, Eric Rego

The Great British Bake Off is a popular amateur cooking competition show, and its design offers an opportunity for analyzing serial position bias among expert rankings. In this paper, we use the technical challenge portion of the show to assess whether experts—in this case, the judges in the show—are susceptible to primacy or recency effects. We find that expert judges favor the first dish tasted in a blind test and that this pattern holds not only among judges of the British version of the show but also in other English-speaking versions. We do not find evidence of a recency effect. Our results indicate that expert assessments, regularly used in markets, are vulnerable to bias even when there are no financial incentives.

英国烘焙大赛是一个很受欢迎的业余烹饪比赛节目,它的设计为分析专家排名中的一系列位置偏见提供了机会。在本文中,我们使用节目的技术挑战部分来评估专家-在这种情况下,节目中的评委-是否容易受到因因效应或近因效应的影响。我们发现,专家评委更喜欢盲测中品尝到的第一道菜,这种模式不仅存在于英国版节目的评委中,也存在于其他英语版本的节目中。我们没有发现近因效应的证据。我们的研究结果表明,在市场中经常使用的专家评估,即使在没有财务激励的情况下,也容易受到偏见的影响。
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引用次数: 0
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