This paper shows that Tabellini's recent claim to have provided evidence that culture has a causal effect on economic … to support any conclusions about the effect of culture on economic development. -- culture ; economic development …

Does culture have a causal effect on economic development? The data on European regions suggest that it does. Culture … individual self-determination. To isolate the exogenous variation in culture, I rely on two historical variables used as … level. The exogenous component of culture due to history is strongly correlated with current regional economic development …

We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our … aim is to assess whether "old" and "new" EU countries are rated differently and to determine whether "new" ones are … intercepts) are a crucial determinant of ratings. Whilst "new" EU countries typically have lower ratings than "old" ones, after …

functions which evaluate the entire predictive densities, including an evaluation of the impact of density features such as … individual density forecast performance. -- density forecasts ; forecast evaluation ; real-time data ; Survey of Professional …

This paper examines evidence on the role of assimilation versus source country culture in influencing immigrant women …

provide an explanation of why small countries sometimes exclude certain goods (especially those related to culture) from trade …

stronger ties to French culture exhibit a more effective transplant even when controlling for institutional proximity. Our …