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Culture, Institutions and the Wealth of Nations
Gorodnichenko, Yuriy; Roland, Gerald - Institute for the Study of Labor (IZA) - 2010
-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …
Persistent link: https://www.econbiz.de/10008680898
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20 Years of German Unification: Evidence on Income Convergence and Heterogeneity
Brück, Tilman; Peters, Heiko - Institute for the Study of Labor (IZA) - 2009
We analyse the convergence and heterogeneity of living standards between East and West Germany since unification. Based on data from the German Socio-Economic Panel (GSOEP), we compare total individual income of permanent adult residents, including retirees and the unemployed, of East and West...
Persistent link: https://www.econbiz.de/10008565211
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Entrepreneurship and Economic Development: Theory, Evidence and Policy
Naudé, Wim - Institute for the Study of Labor (IZA) - 2013
This paper provides an overview of the state of the art of the intersection of development economics and entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights from the intersection of entrepreneurship and...
Persistent link: https://www.econbiz.de/10010884187
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Drivers of Entrepreneurship and Post-Entry Performance of Newborn Firms in Developing Countries
Quatraro, Francesco; Vivarelli, Marco - Institute for the Study of Labor (IZA) - 2013
The aim of this paper is to provide an updated survey of the "state of the art" in entrepreneurial studies, with a particular focus on developing countries (DCs). In particular, the same concept of "entrepreneurship" will be critically discussed, then moving to the institutional, macroeconomic...
Persistent link: https://www.econbiz.de/10010884241
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A Vibrant European Labor Market with Full Employment
Ritzen, Jo; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2013
employment is regained by more policy attention toward innovation and its underlying research and development (R&D), accompanied …
Persistent link: https://www.econbiz.de/10010884389
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Entrepreneurship in Advanced and Developing Countries: A Microeconomic Perspective
Vivarelli, Marco - Institute for the Study of Labor (IZA) - 2012
The purpose of this paper is to provide a contribution to the identification of the role of entrepreneurship in economic growth by mapping out: 1) alternative ways of looking at entrepreneurship, distinguishing 'creative destruction' from simple 'turbulence'; 2) the different microeconomic...
Persistent link: https://www.econbiz.de/10011279314
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Innovative Firms or Innovative Owners? Determinants of Innovation in Micro, Small, and Medium Enterprises
de Mel, Suresh; McKenzie, David; Woodruff, Christopher - Institute for the Study of Labor (IZA) - 2009
Innovation is key to technology adoption and creation, and to explaining the vast differences in productivity across … and within countries. Despite the central role of the entrepreneur in the innovation process, data limitations have … restricted standard analysis of the determinants of innovation to consideration of the role of firm characteristics. We develop a …
Persistent link: https://www.econbiz.de/10005822994
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Management Compensation and Firm-Level Income Inequality
Frederiksen, Anders; Poulsen, Odile - Institute for the Study of Labor (IZA) - 2008
In recent decades, most developed countries have experienced a simultaneous increase in income inequality and management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a general equilibrium model. Empirical estimation, of the...
Persistent link: https://www.econbiz.de/10005762227
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Do Middle Classes Bring Institutional Reforms?
Loayza, Norman; Rigolini, Jamele; Llorente, Gonzalo - Institute for the Study of Labor (IZA) - 2012
We revisit the link between poverty, the middle class and institutional outcomes using a newly developed cross-country panel dataset containing detailed information on the distribution of income and expenditures. When the size of the middle class increases (measured as the proportion of people...
Persistent link: https://www.econbiz.de/10011279274
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How Corruption Hits People When They Are Down
Hunt, Jennifer - Institute for the Study of Labor (IZA) - 2006
Using cross-country and Peruvian data, I show that victims of misfortune, particularly crime victims, are much more likely than non-victims to bribe public officials. Misfortune increases victims’ demand for public services, raising bribery indirectly, and also increases victims’ propensity...
Persistent link: https://www.econbiz.de/10005822385