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normative criterion. One approach is to elicit the relevant moral criteria from real-world policy choices, converting a …
Persistent link: https://www.econbiz.de/10012456745
The United States is among the most individualistic societies in the world. However, unlike Western European …
Persistent link: https://www.econbiz.de/10014544712
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the rest of the world rather than focusing on issues with U.S. monetary and fiscal policies. In addition, at the urging of …
Persistent link: https://www.econbiz.de/10012481056
major post-World War II episodes. The main cause of debt explosions is usually not the widely cited costs of bailing out and …
Persistent link: https://www.econbiz.de/10012463993
We document the outbreak of a trade war after the U.S. adopted the Smoot-Hawley tariff in June 1930. U.S. trade partners initially protested the possible implementation of the sweeping tariff legislation, with many eventually choosing to retaliate by increasing their tariffs on imports from the...
Persistent link: https://www.econbiz.de/10012496170
world. We find evidence of a strong positive association between VC investments and lagged M&A activity, consistent with the … post-law changes in VC activity. VC activity intensifies after enactment of country-level takeover friendly legislation and …
Persistent link: https://www.econbiz.de/10012453631
The US advantage in per capita output, apparent from the late 19th century, is frequently attributed to its relatively large domestic market. We construct market potential measures for the US and 26 other countries between 1880 and 1913 based on a general equilibrium model of production and...
Persistent link: https://www.econbiz.de/10012459843
We exploit information on compulsory schooling reforms in 11 European countries, implemented mostly in the 1960s and 70s, to identify the impact of education on religious adherence and religious practices. Using micro data from the European Social Survey, conducted in various years between 2002...
Persistent link: https://www.econbiz.de/10012458108