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The Costs and Benefits of Clan Culture : Elite Control versus Cooperation in China

Chen, Shuo; Fisman, Raymond; Lan, Xiaohuan; Wang, Yongxiang - National Bureau of Economic Research - 2024

Kinship ties are a common institution that may facilitate in-group coordination and cooperation. Yet their benefits - or lack thereof - depend crucially on the broader institutional environment. We study how the prevalence of clan ties affect how communities confronted two well-studied...

Persistent link: https://www.econbiz.de/10014544693

Privatization and nationalization cycles

Chang, Roberto - 2009

"This paper studies the cycles of nationalization and privatization in resource-rich economies. We discuss available … evidence on the drivers and consequences of privatization and nationalization, review the existing literature, and present … of the observed cycles of privatization and nationalization, and is consistent with a variety of observed phenomena …

Persistent link: https://www.econbiz.de/10011394323

Privatization and Nationalization Cycles

Chang, Roberto - 2010

This paper studies the cycles of nationalization and privatization in resource-rich economies. We discuss available … evidence on the drivers and consequences of privatization and nationalization, review the existing literature, and present … determinants of the observed cycles of privatization and nationalization, and is consistent with a variety of observed phenomena …

Persistent link: https://www.econbiz.de/10012462530

Who Should Own and Control Urban Water Systems? Historical Evidence from England and Wales

Beach, Brian - 2016

Nearly 40% of England's privately built waterworks were municipalised in the late 19th century. We examine how this affected public health by pairing annual mortality data for over 600 registration districts, spanning 1869 to 1910, with detailed waterworks information. Identification is aided by...

Persistent link: https://www.econbiz.de/10012456126

Coups, Corporations, and Classified Information

Dube, Arindrajit - 2011

We estimate the impact of coups and top-secret coup authorizations on asset prices of partially nationalized multinational companies that stood to benefit from US-backed coups. Stock returns of highly exposed firms reacted to coup authorizations classified as top-secret. The average cumulative...

Persistent link: https://www.econbiz.de/10012461705

The Effect of Changes in the Skill Premium on College Degree Attainment and the Choice of Major

Abramitzky, Ran - 2019

We study the impact of financial incentives on higher education decisions and the choice of major. We rely on a reform whereby Israeli kibbutzim shifted from their traditional policy of equal sharing to productivity-based wages. We use for identification the staggered implementation of this...

Persistent link: https://www.econbiz.de/10012480363

The Long-Term Spillover Effects of Changes in the Return to Schooling

Abramitzky, Ran - 2018

We study the short and long-term spillover effects of a pay reform that substantially increased the returns to schooling in Israeli kibbutzim. This pay reform, which induced kibbutz students to improve their academic achievements during high school, spilled over to non-kibbutz members who...

Persistent link: https://www.econbiz.de/10012453201

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 Effect of Labor Market Liberalization on Political Behavior and Free Market Norms

Abramitzky, Ran; Ben-Porath, Netanel; Lahad, Shahar; … - National Bureau of Economic Research - 2022

We study the effects of labor market liberalization on political behavior and attitudes towards free-market capitalism and socialism, exploiting a reform whereby the Israeli socialist communities called kibbutzim shifted from equal sharing to market-based wages. Our identification strategy...

Persistent link: https://www.econbiz.de/10013334404

"Rain Follows the Plow" and Dryfarming Doctrine : The Climate Information Problem and Homestead Failure in the Upper Great Plains, 1890-1925

Libecap, Gary D. - 2000

In the late 19th and early 20th centuries, the North American agricultural frontier moved for the first time into semi-arid regions where farming was vulnerable to drought. Farmers who migrated to the region had to adapt their crops, techniques, and farm sizes to better fit the environment. But...

Persistent link: https://www.econbiz.de/10012471037