This paper reviews and summarizes the literature that has concentrated on budget consolidations and their fiscal and economic effects. The issue of fiscal adjustments has again gained importance due to the recent economic crisis and the resulting fiscal imbalances. The existing literature shows...

What a ects the economic and cultural development tracks of societies? We know that large events such as political changes, natural disasters and migration can change a society dramatically at the macro level, but what exactly happens at the individual level? When conditions change, people are...

This book examines the measurement and econometric effects of ethnic diversity. This issue is of great relevance to research and policy and is currently being discussed a great deal in the literature. In particular, a sizable literature has suggested that ethnic diversity constitutes a...

This book examines welfare effects of gender-related inequalities in Korean households and labor markets. It uses subjective well-being data to show that reductions of excessive levels of working hours did improve family well-being in the past decade. Moreover, benefits from major life events...

This dissertation uses theoretical as well as empirical tools to study determinants of cross-country differences in income growth, focussing on the role of consumer inequality, values, and the diffusion process of technologies. Chapter 1 investigates how household income inequality shapes the...

The three chapters of this dissertation discuss what role complexity plays in different fields of international economics. First, we discuss the role of complex information in decision making of multinational companies. On the one hand, we test the hypotheses by Oldenski (2012) that affiliate...