happiness after such events. Graham (2009) provides evidence about adaptation to crime, corruption, democracy, and health. 3 …

Economic Analysis and Policy 4(1): 1-33. Downs, A. (1957), An Economic Theory of Democracy, New York: Harper and Row …

................................................................................................................8 1. PATTERNS OF GLOBALISATION: A US-FRENCH COMPARISON......................................9 1.1. US multinationals … and Laurent Wagner 1 1. INTRODUCTION The accelerating rate of firm globalisation is the result of both capital and service … investment has generally been the main tool of globalisation for many service activities rather than direct trade. Mundell …

Advanced Studies in International Economic Policy Research Kiel Institute for the World Economy Düsternbrooker Weg …

institutions on individual well-being is still in its infancy. While the influence of political institutions such as democracy or …

institutions on individual well-being is still in its infancy. While the influence of political institutions such as democracy or …

not be taken for granted. Economies evolve and are subject to sudden shifts precipitated by legislative changes, economic … policy, major discoveries and political turmoil. Occasionally, the timing of the structural break is clearly recognizable …