Showing 1 - 10 of 112
I argue that a households interdependent decisions over their childrens labor and school activities are not only a function of observable hard facts but also of its intrinsic values and beliefs. Applying econometric methods, after all observable factors have been controlled for, the degree to...
Persistent link: https://www.econbiz.de/10005556814
This paper introduces a psychological notion of categorization into economics and derives its implications for economic decision making. We show, using a tractable model of social cognition, that a decision maker in (efficiently) assigning past experiences to categories, will sort experiences of...
Persistent link: https://www.econbiz.de/10005135029
The notion that lack of knowledge undermines the economic performance of African countries is deeply and widely held to be true. Yet evidence for the basis of that truth is few and far in-between. This paper first describes a production function approach to the creation of knowledge of African...
Persistent link: https://www.econbiz.de/10005125639
This paper explores the manner in which race and income interact to determine patterns of residential location in … equilibrium. Second, extreme levels of segregation can be stable when racial income disparities are either large or negligible … segregation when racial income disparities are sufficiently small. These results hold even when preferences are pro …
Persistent link: https://www.econbiz.de/10005135081
This paper decomposes the large regression residuals of income across 84 U.S. Native American economies (USNAEs) into Solow and Solow-like parts. Decomposition is accomplished algebraically. The calculations find a weak to negative correlation between income and Solow residuals, and a strong...
Persistent link: https://www.econbiz.de/10005118791
The current research emphasis on institutions as key determinants of economic performance, rather than on resources and resource productivity, has uncovered important questions for further research. For example, if institutions are central to economic performance, then what explains observed...
Persistent link: https://www.econbiz.de/10005125631
Institutions either promote or constrain economic performance, but which parts of institutions advance or restrict performance, and why do economies sharing similar institutions sometimes perform differently? This paper is a modest attempt at addressing a small part of these questions. It...
Persistent link: https://www.econbiz.de/10005125690
interaction between migration and labor market evolution, with special reference to labor market segregation, labor market …
Persistent link: https://www.econbiz.de/10005556784
comparator groups based on spatial proximity, race-based comparator groups are important in the racially divided South African …
Persistent link: https://www.econbiz.de/10005118826
Are happiness patterns structurally the same when comparing poor and rich countries? Using cross-sectional data from the SALDRU93 survey, we show that the relationships between subjective well-being and socioeconomic variables have a similar structure and is U-shaped in age in South Africa as in...
Persistent link: https://www.econbiz.de/10005407667