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We construct a unique data set to analyze whether or not a large temporary shock had an impact on German city growth and city size distribution. Following recent work by Davis and Weinstein (2001) on Japan, we take the strategic bombing of German cities during WWII as our example of such a...
Persistent link: https://www.econbiz.de/10001712398
A growing theoretical and empirical literature shows that public recognition can lead employees to exert greater effort. However, status competition is also associated with excessive expenditure on status goods, greater likelihood of bankruptcy, and more risk taking by money managers. This paper...
Persistent link: https://www.econbiz.de/10012966607
A growing theoretical and empirical literature shows that public recognition can lead employees to exert greater effort. However, status competition is also associated with excessive expenditure on status goods, greater likelihood of bankruptcy, and more risk taking by money managers. This paper...
Persistent link: https://www.econbiz.de/10012966804
The prevailing consensus in the historical community is that Germany provoked both of the twentieth century world wars. However, the question of why Germany did so is subject to far more scholarly controversy. Broadly, the explanations fall into two groupings: those that focus on international -...
Persistent link: https://www.econbiz.de/10013140948
Persistent link: https://www.econbiz.de/10015207793
According to Gibrat’s law for cities, population shocks have permanent effects on city size. I examine this implication by analysing the persistence of observed population shocks: German military casualties in WWI by municipality of birth. I find a strong negative effect of military casualties...
Persistent link: https://www.econbiz.de/10013232416
Persistent link: https://www.econbiz.de/10008731758
We construct a unique data set to analyze whether or not a large temporary shock had an impact on German city growth and city size distribution. Following recent work by Davis and Weinstein (2001) on Japan, we take the strategic bombing of German cities during WWII as our example of such a...
Persistent link: https://www.econbiz.de/10011514015