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Can Market and Voting Institutions Generate Optimal Intergenerational Risk Sharing?
Rangel, Antonio - 1999
theory, could be corrected by government intervention. However, as long as government policy is determined by voting …
Persistent link: https://www.econbiz.de/10012471858
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Political Selection and Persistence of Bad Governments
Acemoglu, Daron - 2009
. Perfect democracy, where current members of the government do not have an incumbency advantage or special powers, always leads … to the emergence of the most competent government. However, any deviation from perfect democracy destroys this result … least competent government can persist forever in office. Moreover, a greater degree of democracy may lead to worse …
Persistent link: https://www.econbiz.de/10012463419
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Institutions and Behavior : Experimental Evidence on the Effects of Democracy
Dal Bó, Pedro - 2008
A novel experiment is used to show that the effect of a policy on the level of cooperation is greater when it is chosen …
Persistent link: https://www.econbiz.de/10012464648
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Starting Small : Endogenous Stakes and Rational Cooperation
Andreoni, James - 2016
types can be exploited to enhance cooperation by structuring the twice-played prisoners' dilemma to "start small," so that …
Persistent link: https://www.econbiz.de/10012456738
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Black Americans' Landholdings and Economic Mobility after Emancipation : New Evidence on the Significance of 40 Acres
Collins, William J.; Holtkamp, Nicholas C.; Wanamaker, … - National Bureau of Economic Research - 2022
The US Civil War ended in 1865 without the distribution of land or compensation to those formerly enslaved--a decision often seen as a cornerstone of racial inequality. We build a dataset to observe Black households' landholdings in 1880, a key component of their wealth, alongside a sample of...
Persistent link: https://www.econbiz.de/10013172157
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The Intergenerational Transmission of Human Capital : Evidence from the Golden Age of Upward Mobility
Card, David - 2018
We use 1940 Census data to study the intergenerational transmission of human capital for children born in the 1920s and educated during an era of expanding but unequally distributed public school resources. Looking at the gains in educational attainment between parents and children, we document...
Persistent link: https://www.econbiz.de/10012480653
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Disease, Downturns, and Wellbeing : Economic History and the Long-Run Impacts of COVID-19
Arthi, Vellore - 2020
potential long-run impact on individuals over decades and even generations. History, however, offers a solution. Historical …
Persistent link: https://www.econbiz.de/10012481108
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Persistence through Revolutions
Alesina, Alberto F. - 2020
Can efforts to eradicate inequality in wealth and education eliminate intergenerational persistence of socioeconomic status? The Chinese Communist Revolution in the 1950s and Cultural Revolution from 1966 to 1976 aimed to do exactly that. Using newly digitized archival records and contemporary...
Persistent link: https://www.econbiz.de/10012482010
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China's Lost Generation : Changes in Beliefs and their Intergenerational Transmission
Roland, Gerard - 2017
Beliefs about whether effort pays off govern some of the most fundamental choices individuals make. This paper uses China's Cultural Revolution to understand how these beliefs can be affected, how they impact behavior, and how they are transmitted across generations. During the Cultural...
Persistent link: https://www.econbiz.de/10012455240
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Do Grandparents and Great-Grandparents Matter? Multigenerational Mobility in the US, 1910-2013
Ferrie, Joseph - 2016
Studies of US intergenerational mobility focus almost exclusively on the transmission of (dis)advantage from parents to children. Until very recently, the influence of earlier generations could not be assessed even in long-running longitudinal studies such as the Panel Study of Income Dynamics...
Persistent link: https://www.econbiz.de/10012456045