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Acts of God? Religiosity and Natural Disasters Across Subnational World Districts

Bentzen, Jeanet Sinding - Økonomisk Institut, Københavns Universitet - 2015

Religiosity affects everything from fertility and health to labor force participation and productivity. But why are … high religiosity levels evolve in high earthquake risk areas, and are passed on across generations to individuals no longer … living in these areas. The impact is global: earthquakes increase religiosity both within Christianity, Islam, and Hinduism …

Persistent link: https://www.econbiz.de/10011265730

Life Expectancy and Education: Evidence from the Cardiovascular Revolution

Hansen, Casper Worm; Strulik, Holger - Økonomisk Institut, Københavns Universitet - 2015

In this study we investigate the causal impact of increasing adult longevity on higher education. We exploit the fourth stage of the epidemiological transition, i.e. the unexpected decline of deaths from heart attack and stroke in the 1970s as a large positive health shock that affected...

Persistent link: https://www.econbiz.de/10011265729

Was there an ‘Industrious Revolution’ before the Industrial Revolution? An Empirical Exercise for England, c. 1300-1830

Allen, Robert C.; Weisdorf, Jacob Louis - Økonomisk Institut, Københavns Universitet - 2010

It is conventionally assumed that the pre-modern working year was fixed and that consumption varied with changes in wages and prices. This is challenged by the twin theories of the ‘industrious’ revolution and the consumer revolution, positing a longer working year as people earned surplus...

Persistent link: https://www.econbiz.de/10008573982

Product Variety and the Demographic Transition

Guzmán, Ricardo Andrés; Weisdorf, Jacob - Økonomisk Institut, Københavns Universitet - 2009

Why does the rate of population growth decline in the face of economic growth? We show that growing product variety may induce a permanent reduction in the demand for children and a continuous rise in income and consumption.

Persistent link: https://www.econbiz.de/10008458427

Malthus Revisited: Fertility Decision Making based on Quasi-Linear Preferences

Weisdorf, Jacob L. - Økonomisk Institut, Københavns Universitet - 2007

Malthus’ (1798) population hypothesis is inconsistent with the demographic transition and the concurrent massive expansion of incomes observed among industrialised countries. This study shows that eliminating the income-effect on the demand for children from the Malthusian model makes it...

Persistent link: https://www.econbiz.de/10005543523

Religious Orders and Growth through Cultural Change in Pre-Industrial England

Andersen, Thomas Barnebeck; Bentzen, Jeanet; Dalgaard, … - Økonomisk Institut, Københavns Universitet - 2011

We advance the hypothesis that cultural values such as high work ethic and thrift, “the Protestant ethic” according to Max Weber, may have been diffused long before the Reformation, thereby importantly affecting the pre-industrial growth record. The source of pre-Reformation Protestant...

Persistent link: https://www.econbiz.de/10008839253

Loss Aversion and the Asymmetric Transmission of Monetary Policy

Gaffeo, Edoardo; Petrella, Ivan; Pfajfar, Damjan; … - Økonomisk Institut, Københavns Universitet - 2012

There is widespread evidence that monetary policy exerts asymmetric effects on output over contractions and expansions in economic activity, while price responses display no sizeable asymmetry. To rationalize these facts we develop a dynamic general equilibrium model where households' utility...

Persistent link: https://www.econbiz.de/10010592987

Simple Utility Functions with Giffen Demand

Sørensen, Peter Norman - Økonomisk Institut, Københavns Universitet - 2004

We present some simple utility functions whose Marshallian demand functions possess the Giffen property: at some price-wealth pairs, the demand for a good marginally increases in response to an increase in its own price. The utility functions satisfy standard preference properties throughout the...

Persistent link: https://www.econbiz.de/10005749818

Walras Equilibrium with Coordination

Grodal, Birgit; Vind, Karl - Økonomisk Institut, Københavns Universitet - 2000

We consider a pure exchange economy with private ownership in which consumers have interdependent preferences. Hence, consumers’ preferences are defined on the states of the economy. In a Walras equilibrium for such an economy, it may, of course, be possible for two or more consumers to...

Persistent link: https://www.econbiz.de/10005749832

Lattice-Theoretic Foundations of the Consumer's Problem.

Mirman, Leonard J.; Ruble, Richard - Økonomisk Institut, Københavns Universitet - 2002

This paper provides an introduction to and discussion of the application of lattice-theoretic methods to classic problems in consumer theory. General characterizations of income effects with two goods, and with an arbitrary number of goods, as well as examples of comparative statics over...

Persistent link: https://www.econbiz.de/10005749833