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Identification in Differentiated Products Markets Using Market Level Data
Berry, Steven T. - 2010
We consider nonparametric identification in models of differentiated products markets, using only market level … models widely used in applied work. We allow for product/market-specific unobservables, endogenous product characteristics (e …
Persistent link: https://www.econbiz.de/10012463009
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Political Risk Versus Market Risk in Social Security
Shoven, John B. - 2006
the "market risk" in a personal accounts retirement scheme. In this paper, we carry out a detailed quantitative analysis …
Persistent link: https://www.econbiz.de/10012466520
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Measuring the Intensity of Competition in Export Markets
Goldberg, Pinelopi K. - 1995
This paper develops an approach to measuring the intensity of competition in international markets. The method measures the degree of 'outside' competition faced by exporters located in one source country from firms located outside the source country. We use the elasticity of price and quantity...
Persistent link: https://www.econbiz.de/10012473651
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Culture : Persistence and Evolution
Giavazzi, Francesco - 2014
This paper documents the speed of evolution (or lack thereof) of a range of values and beliefs of different generations of US immigrants, and interprets the evidence in the light of a model of socialization and identity choice. Convergence to the norm differs greatly across cultural attitudes....
Persistent link: https://www.econbiz.de/10012458491
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Culture and Institutions
Alesina, Alberto - 2013
A growing body of empirical work measuring different types of cultural traits has shown that culture matters for a variety of economic outcomes. This paper focuses on one specific aspect of the relevance of culture: its relationship to institutions. We review work with a theoretical, empirical,...
Persistent link: https://www.econbiz.de/10012458913
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Long-Term Barriers to Economic Development
Spolaore, Enrico - 2013
What obstacles prevent the most productive technologies from spreading to less developed economies from the world's technological frontier? In this paper, we seek to shed light on this question by quantifying the geographic and human barriers to the transmission of technologies. We argue that...
Persistent link: https://www.econbiz.de/10012459301
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Culture, Entrepreneurship, and Growth
Doepke, Matthias - 2013
We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that affect the steepness of the lifetime consumption profile....
Persistent link: https://www.econbiz.de/10012459521
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Ancestral Livelihoods and Moral Universalism : Evidence from Transhumant Pastoralist Societies
Le Rossignol, Etienne; Lowes, Sara - National Bureau of Economic Research - 2022
Moral universalism, the extent to which individuals exhibit similar altruism and trust towards in-group and out-group members, varies widely across societies. We test the hypothesis from anthropology that the requirements of transhumant pastoralism - a livelihood in which populations seasonally...
Persistent link: https://www.econbiz.de/10013334476
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On the Importance of African Traditional Religion for Economic Behavior
Butinda, Lewis Dunia; Lameke, Aimable Amani; Nunn, Nathan; … - National Bureau of Economic Research - 2023
Within the field of economics, despite being widespread, African traditional religions tend to be perceived as unimportant and ignored when studying economic decision-making. This study tests whether this presumption is correct. Using daily data on business decisions and performance of beer...
Persistent link: https://www.econbiz.de/10014322817
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The Visible Hand, the Invisible Hand and Efficiency
Goldman, Eitan - 2000
When a firm forms a market closes. Resources that were previously allocated via the price system are allocated by … agents negotiate prices on behalf of their principals when there is trade in a market. Principals motivate agents to make … be achieved by closing a market and forming a firm, thereby contracting directly with both agents, and centrally …
Persistent link: https://www.econbiz.de/10012471182