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We use a data set of federal corruption convictions in the U.S. to investigate the causes and consequences of … corruption. More educated states, and to a less degree richer states, have less corruption. This relationship holds even when we … today. The level of corruption is weakly correlated with the level of income inequality and racial fractionalization, and …
Persistent link: https://www.econbiz.de/10013218129
There are persistent differences in self-reported subjective well-being across U.S. metropolitan areas, and residents of declining cities appear less happy than other Americans. Newer residents of these cities appear to be as unhappy as longer term residents, and yet some people continue to move...
Persistent link: https://www.econbiz.de/10013050312
What impact does inequality have on metropolitan areas? Crime rates are higher in places with more inequality, and people in unequal cities are more likely to say that they are unhappy. There is also a negative association between local inequality and the growth of both income and population,...
Persistent link: https://www.econbiz.de/10012751245
was checkered with political scandal and widespread corruption that would not seem unusual compared with the most corrupt … developing nation today. We construct a "corruption and fraud index" using word counts from a large number of newspapers for 1815 … corruption from 1870 to 1920, particularly from the late-1870s to the mid-1880s and again in the 1910s. At its peak in the 1870s …
Persistent link: https://www.econbiz.de/10014069640
for public ownership came from corruption then associated with private ownership of utilities and public transportation … the firm's available cash, public firms may lead to less corruption. Public ownership is also predicted to create …
Persistent link: https://www.econbiz.de/10013308459
charged language in the half century after 1870.From 1870 to 1920, when corruption appears to have declined significantly … seems a reasonable hypothesis that the rise of the informative press was one of the reasons why the corruption of the Gilded …
Persistent link: https://www.econbiz.de/10013310171
that high amenity cities have grown faster than low amenity cities. Urban rents have gone up faster than urban wages …
Persistent link: https://www.econbiz.de/10012788067
Americans average 25.1 working hours per person in working age per week, but the Germans average 18.6 hours. The average American works 46.2 weeks per year, while the French average 40 weeks per year. Why do western Europeans work so much less than Americans? Recent work argues that these...
Persistent link: https://www.econbiz.de/10013231444
European countries are much more generous to the poor relative to the US level of generosity. Economic models suggest that redistribution is a function of the variance and skewness of the pre-tax income distribution, the volatility of income (perhaps because of trade shocks), the social costs of...
Persistent link: https://www.econbiz.de/10013232887
What impact will terrorism have on America's cities? Historically, large-scale violence has impacted cities in three ways. First, concentrations of people have an advantage in defending themselves from attackers, making cities more appealing in times of violence. Second, cities often make...
Persistent link: https://www.econbiz.de/10013234920