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Showing 41-58 of 58 items.

Randomizing Endowments: An Experimental Study of Rational Expectations and Reference-Dependent Preferences

By Annette Cerulli-Harms, Lorenz Goette, and Charles Sprenger

òòò½Íø Journal: Microeconomics, February 2019

We test expectations-based reference dependence in market experiments with probabilistic forced exchange. Koszegi and Rabin (2006) predict that when the probability of forced exchange increases, individuals cannot expect to stick with the status quo, an...

Intertemporal Labor Supply Substitution? Evidence from the Swiss Income Tax Holidays

By Isabel Z. ²Ñ²¹°ù³Ùí²Ô±ð³ú, Emmanuel Saez, and Michael Siegenthaler

òòò½Íø Review, February 2021

This paper estimates intertemporal labor supply responses to two-year long income tax holidays staggered across Swiss cantons. Cantons shifted from an income tax system based on the previous two years' income to a standard annual pay as you earn system, l...

The Abolition of Immigration Restrictions and the Performance of Firms and Workers: Evidence from Switzerland

By Andreas Beerli, Jan Ruffner, Michael Siegenthaler, and Giovanni Peri

òòò½Íø Review, March 2021

We study a reform that granted European cross-border workers free access to the Swiss labor market and had a stronger effect on regions close to the border. The greater availability of cross-border workers increased foreign employment substantially. Altho...