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Right-wing extremism is a serious problem in many societies. A prominent hypothesis states that unemployment plays a … fact a significant positive relation between unemployment and right-wing criminal activities. We show further that the big … difference in right-wing crime between East and West German states can mostly be attributed to differences in unemployment. This …
Persistent link: https://www.econbiz.de/10005627832
Social capital is often associated with desirable political and economic outcomes. This paper contributes to a growing literature on its "dark side". We examine the role of social capital in the downfall of democracy in interwar Germany. We analyze Nazi Party entry in a cross-section of cities,...
Persistent link: https://www.econbiz.de/10010817301
This paper discusses and proposes random selection as a component in decision-making in society. Random procedures have played a significant role in history, especially in classical Greece and the medieval city-states of Italy. We examine the important positive features of decisions by random...
Persistent link: https://www.econbiz.de/10010817312
We study the long-run effects of initial labor market conditions on wages for a large sample of male individuals entering the Austrian labor market between 1978 and 2000. We find a robust negative effect of unfavorable entry conditions on starting wages. This initial effect turns out to be quite...
Persistent link: https://www.econbiz.de/10008509391
previously published for other countries are generally supported. Unemployment has a strongly depressing effect on happiness. A …
Persistent link: https://www.econbiz.de/10005627842
local unemployment rate is associated with an approximate shortfall in lifetime earnings of 6.5%. We also show that bad …
Persistent link: https://www.econbiz.de/10008752452
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method allowing us to disentangle the policy effect from changing market incomes. Over the period 1979-2007, the cumulative policy effect aggravated inequality by increasing the income share of the top...
Persistent link: https://www.econbiz.de/10010957610
Four types of “economics” relevant for institutional analysis are distinguished: Standard Neoclassical Economics; Socio-Economics or Social Economics; New Institutional Economics; and Psychological Economics (often misleadingly called Behavioural Economics). The paper argues that an...
Persistent link: https://www.econbiz.de/10004979382
government. It was intended to reduce unemployment, and was widely used for propaganda purposes. We examine its role in …
Persistent link: https://www.econbiz.de/10010774245
Extreme-right-wing (ERW) parties are on the rise in many countries. Moreover, there is an alarmingly high cross-country correlation between the election success of ERW parties and immigration. Motivated by this evidence, we explore one potentially important channel through which immigration may...
Persistent link: https://www.econbiz.de/10010817308