Showing 1 - 10 of 158
Persistent link: https://www.econbiz.de/10001481180
The Great Migration from the US South is a prominent theme in economic history research not only because it was a prime example of large scale internal migration, but also because it had far-reaching ramifications for American economic, social, and political change. This essay offers a concise...
Persistent link: https://www.econbiz.de/10012481850
This paper presents a new framework for analyzing inequality that moves beyond the anonymity postulate. We estimate the determinants of sectoral choice and the joint distributions of outcomes across sectors. We determine which components of realized earnings variability are due to uncertainty...
Persistent link: https://www.econbiz.de/10012466145
Critical transitions for a country are historical periods when the powerful organizations in a country shift from one set of beliefs about how institutions (the formal and informal rules of the game) will affect outcomes to a new set of beliefs. Critical transitions can lead a country toward...
Persistent link: https://www.econbiz.de/10012456531
Over the last two centuries, many countries experienced regime transitions toward democracy. We document this democratic transition over a long time horizon. We use historical time series of income, education and democracy levels from 1870 to 2000 to explore the economic factors associated with...
Persistent link: https://www.econbiz.de/10012461226
We combine national administrative data on earnings and participation in subsidized housing to study how the demolition of 160 public housing projects--funded by the HOPE VI program--affected the adult labor market outcomes for 18,500 children. Our empirical strategy compares children exposed to...
Persistent link: https://www.econbiz.de/10012482376
A growing number of surveys elicit respondents' expectations for future events on a 0-100 scale of percent chance …
Persistent link: https://www.econbiz.de/10012453157
power shifts. Using a rational-expectations model, we show cycles result from governments' inability to commit to future … investments, which in turn prompts it to increase taxes next period. This induces low investment thus low future taxes, and so on …
Persistent link: https://www.econbiz.de/10012456256
The invention of new applications based on information and communications technologies (ICTs) has had two economic effects up to now. These applications have transformed production, creating value for applications-inventing companies and their customers and increasing economic growth through...
Persistent link: https://www.econbiz.de/10012456330
Online advertising offers unprecedented opportunities for measurement. A host of new metrics, clicks being the leading example, have become widespread in advertising science. New data and experimentation platforms open the door for firms and researchers to measure true causal effects of...
Persistent link: https://www.econbiz.de/10012459143