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Persistent link: https://www.econbiz.de/10001836266
Entrepreneurship requires energy and creativity as well as business acumen. Some factors that contribute to … entrepreneurship may decline with age, but business skills increase with experience in high level positions. Having too many older … workers in society slows entrepreneurship. Older workers do not possess the advantages of youth, but more significant is that …
Persistent link: https://www.econbiz.de/10013047037
We propose a theoretical framework to study the determinants of ethnic and religious identity along two distinct motivational processes which have been proposed in the social sciences: cultural conformity and cultural distinction. Under cultural conformity, ethnic identity is reduced by...
Persistent link: https://www.econbiz.de/10013137015
We study the competitive equilibrium of a market for votes where voters can trade votes for a numeraire before making a decision via majority rule. The choice is binary and the number of supporters of either alternative is known. We identify a sufficient condition guaranteeing the existence of...
Persistent link: https://www.econbiz.de/10013097274
The low number of college graduates with science degrees -- particularly among under-represented minorities -- is of growing concern. We examine differences across universities in graduating students in different fields. Using student-level data on the University of California system during a...
Persistent link: https://www.econbiz.de/10013086680
Does minority representation in a legislative body differentially impact outcomes for minorities? To examine this question, we study close elections for California city council seats between white and nonwhite candidates. We find that nonwhite candidates generate differential gains in housing...
Persistent link: https://www.econbiz.de/10012908828
We compare the spatial distribution of emissions from Southern California's pollution-trading program with that of a counterfactual command-and-control policy. We develop a normatively significant metric with which to rank the various distributions in a manner consistent with an explicit...
Persistent link: https://www.econbiz.de/10012889502
The paper studies a simple voting system that has the potential to increase the power of minorities without sacrificing aggregate efficiency. Storable votes grant each voter a stock of votes to spend as desidered over a series of binary decisions. By cumulating votes on issues that it deems most...
Persistent link: https://www.econbiz.de/10012767511
This paper presents estimates of the effects of unions on the wages of young black and white males who are both union and nonunion workers. It also presents estimates of union effects on employment for these groups, as well as their union membership rates. While unions have a very substantial,...
Persistent link: https://www.econbiz.de/10013237048
This paper develops a model of social interactions and endogenous poverty traps. The key idea is captured in a framework in which the likelihood of future social interactions with members of one%u2019s group is partly determined by group-specific investments made by individuals. I prove three...
Persistent link: https://www.econbiz.de/10012754171