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The Sensitivity of Labor Demand Functions to Choice of Dependent Variable

Borjas, George J. - 1985

This paper investigates whether the parameters of labor demand functions are sensitive to alternative methods of estimation. The assumption that the production technology is of the Generalized Leontief type implies that the demand system can be estimated by analyzing cross-section differences in...

Persistent link: https://www.econbiz.de/10012477456

Why Doesn't Capitalism Flow to Poor Countries?

Tella, Rafael Di - 2007

corruption, which is more widespread in poor countries, reduces more the electoral appeal of capitalism than that of socialism …

Persistent link: https://www.econbiz.de/10012465489

State Versus Private Ownership

Shleifer, Andrei - 1998

costs must be strong. In essence, this is the case for capitalism over socialism, explaining the dynamic vitality' of free … enterprise. The great economists of the 1930s and 1940s failed to see the dangers of socialism in part because they focused on … the role of prices under socialism and capitalism and ignored the enormous importance of ownership as the source of …

Persistent link: https://www.econbiz.de/10012472146

Pervasive Shortages Under Socialism

Shleifer, Andrei - 1991

We present a new theory of pervasive shortages under socialism, based on the assumption that the planners are self … suggests that market socialism is bound to fail even without computational complexities facing the planners …

Persistent link: https://www.econbiz.de/10012475209

Left, Right, Left : Income, Learning and Political Dynamics

Morrow, John - 2013

The political left turn in Latin America, which lagged its transition to liberalized market economies by a decade or more, challenges conventional economic explanations of voting behavior. This paper generalizes the forward-looking voter model to a broad range of dynamic, non-concave income...

Persistent link: https://www.econbiz.de/10012459164

Financial Crisis in a Socialist Setting : Impact on Political Behavior, Social Trust, and Economic Values

Abramitzky, Ran; Ben-Porath, Netanel; Lavy, Victor; … - National Bureau of Economic Research - 2023

Research on the political and social impacts of financial crises has focused chiefly on free market economies, hindering our understanding of their effects in other settings. We exploit an episode of a financial crisis that hit the Israeli kibbutzim to study its impact in a socialist context....

Persistent link: https://www.econbiz.de/10014226115

The Political-Economic Causes of the Soviet Great Famine, 1932–33

Markevič, Andrej M.; Naumenko, Natalya; Qian, Nancy - National Bureau of Economic Research - 2021

This study constructs a large new dataset to investigate whether state policy led to ethnic Ukrainians experiencing higher mortality during the 1932-33 Soviet Great Famine. All else equal, famine (excess) mortality rates were positively associated with ethnic Ukrainian population share across...

Persistent link: https://www.econbiz.de/10012599379

Technology Transfer and Early Industrial Development : Evidence from the Sino-Soviet Alliance

Giorcelli, Michela; Li, Bo - National Bureau of Economic Research - 2021

This paper studies the causal effect of technology and knowledge transfers on early industrial development. Between 1950 and 1957, the Soviet Union supported the "156 Projects" in China for the construction of technologically advanced, large-scale, capital-intensive industrial facilities. We...

Persistent link: https://www.econbiz.de/10012696364

Housing Prices, Inter-generational Co-residence, and “Excess” Savings by the Young : Evidence using Chinese Data

Rosenzweig, Mark - 2019

In many countries of the world the co-residence of young adults aged 25-34 with their parents is not uncommon and in some countries the savings rates of these age groups exceed those of the middle-aged contrary to the standard model of life-cycle savings. In this paper we examine the role of...

Persistent link: https://www.econbiz.de/10012480153

Deputization

Carlin, Bruce I. - 2020

A policy of deputization asks agents to monitor others without providing explicit incentives. It is often used to prevent dangerous activities. To calibrate whether and why it works, we study recent laws that deputized financial professionals to help fight elder financial abuse. We show...

Persistent link: https://www.econbiz.de/10012481808