@article{CaliendoFossenKritikos2012, author = {Caliendo, Marco and Fossen, Frank and Kritikos, Alexander}, title = {Trust, positive reciprocity, and negative reciprocity Do these traits impact entrepreneurial dynamics?}, series = {Journal of economic psychology : research in economic psychology and behavioral economics}, volume = {33}, journal = {Journal of economic psychology : research in economic psychology and behavioral economics}, number = {2}, publisher = {Elsevier}, address = {Amsterdam}, issn = {0167-4870}, doi = {10.1016/j.joep.2011.01.005}, pages = {394 -- 409}, year = {2012}, abstract = {Experimental evidence reveals that there is a strong willingness to trust and to act in both positively and negatively reciprocal ways. So far it is rarely analyzed whether these variables of social cognition influence everyday decision making behavior. We focus on entrepreneurs who are permanently facing exchange processes in the interplay with investors, sellers, and buyers, as well as needing to trust others and reciprocate with their network. We base our analysis on the German Socio-Economic Panel with its recently introduced questions about trust, positive reciprocity, and negative reciprocity to examine the extent that these variables influence the entrepreneurial decision processes. More specifically, we analyze whether (i) the willingness to trust other people influences the probability of starting a business; (ii) trust, positive reciprocity, and negative reciprocity influence the exit probability of entrepreneurs; and (iii) willingness to trust and to act reciprocally influences the probability of being an entrepreneur versus an employee or a manager. Our findings reveal that, in particular, trust impacts entrepreneurial development. Interestingly, entrepreneurs are more trustful than employees, but much less trustful than managers.}, language = {en} } @misc{CaliendoHogenacker2012, author = {Caliendo, Marco and Hogenacker, Jens}, title = {The German labor market after the Great Recession}, series = {Postprints der Universit{\"a}t Potsdam : Wirtschafts- und Sozialwissenschaftliche Reihe}, journal = {Postprints der Universit{\"a}t Potsdam : Wirtschafts- und Sozialwissenschaftliche Reihe}, number = {129}, issn = {1867-5808}, doi = {10.25932/publishup-43519}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-435195}, pages = {26}, year = {2012}, abstract = {The reaction of the German labor market to the Great Recession 2008/09 was relatively mild - especially compared to other countries. The reason lies not only in the specific type of the recession - which was favorable for the German economy structure - but also in a series of labor market reforms initiated between 2002 and 2005 altering, inter alia, labor supply incentives. However, irrespective of the mild response to the Great Recession, there are a number of substantial future challenges the German labor market will soon have to face. Female labor supply still lies well below that of other countries and a massive demographic change over the next 50 years will have substantial effects on labor supply as well as the pension system. In addition, due to a skill-biased technological change over the next decades, firms will face problems of finding employees with adequate skills. The aim of this paper is threefold. First, we outline why the German labor market reacted in such a mild fashion, describe current economic trends of the labor market in light of general trends in the European Union, and reveal some of the main associated challenges. Thereafter, the paper analyzes recent reforms of the main institutional settings of the labor market which influence labor supply. Finally, based on the status quo of these institutional settings, the paper gives a brief overview of strategies to combat adequately the challenges in terms of labor supply and to ensure economic growth in the future.}, language = {en} } @article{CaliendoClementPapiesetal.2012, author = {Caliendo, Marco and Clement, Michel and Papies, Dominik and Scheel-Kopeinig, Sabine}, title = {The cost impact of spam filters measuring the effect of information system technologies in organizations}, series = {Information systems research}, volume = {23}, journal = {Information systems research}, number = {3}, publisher = {INFORMS}, address = {Hannover}, issn = {1047-7047}, doi = {10.1287/isre.1110.0396}, pages = {1068 -- 1080}, year = {2012}, abstract = {Dealing with spam is very costly, and many organizations have tried to reduce spam-related costs by installing spam filters. Relying on modern econometric methods to reduce the selection bias of installing a spam filter, we use a unique data setting implemented at a German university to measure the costs associated with spam and the costs savings of spam filters. Our methodological framework accounts for effect heterogeneity and can be easily used to estimate the effect of other IS technologies implemented in organizations. The majority of costs stem from the time that employees spend identifying and deleting spam, amounting to an average of approximately five minutes per employee per day. Our analysis, which accounts for selection bias, finds that the installation of a spam filter reduces these costs by roughly one third. Failing to account for the selection bias would lead to a result that suggests that installing a spam filter does not reduce working time losses. However, cost savings only occur when the spam burden is high, indicating that spam filters do not necessarily reduce costs and are therefore no universal remedy. The analysis further shows that spam filters alone are a countermeasure against spam that exhibits only limited effectiveness because they only reduce costs by one third.}, language = {en} } @unpublished{CaliendoKritikos2012, author = {Caliendo, Marco and Kritikos, Alexander}, title = {Searching for the entrepreneurial personality New evidence and avenues for further research}, series = {Journal of economic psychology : research in economic psychology and behavioral economics}, volume = {33}, journal = {Journal of economic psychology : research in economic psychology and behavioral economics}, number = {2}, publisher = {Elsevier}, address = {Amsterdam}, issn = {0167-4870}, doi = {10.1016/j.joep.2011.06.001}, pages = {319 -- 324}, year = {2012}, language = {en} }