Similar Search Results

What Do Impact Investors Do Differently?

Cole, Shawn; Jeng, Leslie A.; Lerner, Joshua; Rigol, Natalia - National Bureau of Economic Research - 2023

In recent years, impact investors - private investors who seek to generate simultaneously financial and social returns - have attracted intense interest and controversy. We analyze a novel, comprehensive data set of impact and traditional investors to assess how the non-financial characteristics...

Persistent link: https://www.econbiz.de/10014437029

Exploiting Complementarity in Applied General-Equilibrium Models : Heterogeneous Firms, Multinationals, Capacity Constraints, Endogenous Zeros

Markusen, James R. - National Bureau of Economic Research - 2024

Applied general-equilibrium (AGE) models have often made compromises to circumvent difficult modeling problems. One of these is avoiding endogenous zeros, ruling out important questions. Traditional perfect competition models: when do technologies or trade links switch from active to inactive or...

Persistent link: https://www.econbiz.de/10014635684

The Economic Approach to Social Capital

Glaeser, Edward L. - 2000

To identify the determinants of social capital formation, it is necessary to understand the social capital investment decision of individuals. Individual social capital should then be aggregated to measure the social capital of a community. This paper assembles the evidence that supports the...

Persistent link: https://www.econbiz.de/10012471022

What is Social Capital? The Determinants of Trust and Trustworthiness

Glaeser, Edward L. - 1999

Using a sample of Harvard undergraduates, we analyze trust and social capital in two experiments. Trusting behavior and trustworthiness rise with social connection; differences in race and nationality reduce the level of trustworthiness. Certain individuals appear to be persistently more...

Persistent link: https://www.econbiz.de/10012471573

How's the Job? Well-Being and Social Capital in the Workplace

Heliwell, John F. - 2005

This paper takes a different tack in addressing one of the fundamental questions in economics: what are the factors that determine the distribution of jobs and wages? In Adam Smith's classic formulation, and in much of the subsequent literature, wage levels have been used to estimate the values...

Persistent link: https://www.econbiz.de/10012466912

Trade and Search : Social Capital, Sogo Shosha, and Spillovers

Rauch, James E. - 1996

A network/search view of international trade in differentiated products is proposed. It is shown that this view can explain the importance of ethnic and extended family ties in trade, the success of diversified trading intermediaries such as Japan's sogo shosha, and the ubiquity of government...

Persistent link: https://www.econbiz.de/10012473227

Social Capital, Government Expenditures and Growth

Ponzetto, Giacomo A.M. - 2018

This paper shows that social capital increases economic growth by raising government investment in human capital. We present a model of stochastic endogenous growth with imperfect political agency. Only some people correctly anticipate the future returns to current spending on public education....

Persistent link: https://www.econbiz.de/10012453183

Bridging vs. Bonding Social Capital and the Management of Common Pool Resources

Baylis, Kathy - 2013

Social capital can facilitate community governance, but not all social capital is alike. We distinguish bonding social capital (within a village) from bridging social capital (between villages), and we compare their effects on the management of a common pool resource. We develop a theoretical...

Persistent link: https://www.econbiz.de/10012459468

What Does the Corporate Income Tax Tax? A Simple Model without Capital

Kotlikoff, Laurence J. - 2010

This paper makes this point with a simple, capital-less model featuring entrepreneurs, with risky production …'s classification as a corporation subject to income taxation. But going public has an upside. It permits entrepreneurs to diversify … their assets. In discouraging incorporation, the corporate tax taxes business risk-sharing, keeping more entrepreneurs …

Persistent link: https://www.econbiz.de/10012462458

Lack of Selection and Limits to Delegation : Firm Dynamics in Developing Countries

Akcigit, Ufuk - 2016

entrepreneurs have fixed-time endowments to run their daily operations. As firms grow larger, the need to delegate decision …

Persistent link: https://www.econbiz.de/10012456767