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Culture: An Empirical Investigation of Beliefs, Work and Fertility

Fernández, Raquel; Fogli, Alessandra - C.E.P.R. Discussion Papers - 2005

We study the effect of culture on important economic outcomes by using the 1970 Census to examine the work and fertility behaviour of women 30-40 years old, born in the US, but whose parents were born elsewhere. We use past female labour force participation and total fertility rates from the...

Persistent link: https://www.econbiz.de/10005114141

Israel: The Start-Up Nation, and its Threat from Within

Ben-David, Dan - C.E.P.R. Discussion Papers - 2012

Three main vantage points are brought together in this paper: (1) Israel’s relatively good economic performance in recent years – at least, in comparison with other Western countries that have still not emerged from the recession; (2) motivations for the wave of social protests that erupted...

Persistent link: https://www.econbiz.de/10011084118

Herd Effects or Migration Networks? The Location Choice of Mexican Immigrants in the US

Bauer, Thomas; Epstein, Gil S; Gang, Ira - C.E.P.R. Discussion Papers - 2002

This Paper addresses the question: why and where do immigrants cluster? We examine the relative importance and interaction of two alternative explanations of immigrant clustering: (1) network externalities and (2) herd behavior. We advance the theory by presenting a framework encompassing both...

Persistent link: https://www.econbiz.de/10005662355

The Influence of Others on Migration Plans

Epstein, Gil S; Gang, Ira - C.E.P.R. Discussion Papers - 2004

The willingness to migrate and locational choice may be influenced by others’ choices or plans, particularly if the ‘other people’, such as family and friends, are migrants, former migrants, or potential migrants themselves. We examine the roles ‘other people’ play in influencing an...

Persistent link: https://www.econbiz.de/10005666772

The Economic Impact of Social Ties: Evidence from German Reunification

Burchardi, Konrad B.; Hassan, Tarek - C.E.P.R. Discussion Papers - 2011

We use the fall of the Berlin Wall in 1989 to show that personal relationships which individuals maintain for non-economic reasons can be an important determinant of regional economic growth. We show that West German households who have social ties to East Germany in 1989 experience a persistent...

Persistent link: https://www.econbiz.de/10009150021

Enclaves, Language and the Location Choice of Migrants

Bauer, Thomas; Epstein, Gil S; Gang, Ira - C.E.P.R. Discussion Papers - 2002

Empirical studies in the migration literature have shown that migration enclaves (networks) negatively affect the language proficiency of migrants. These studies, however, ignore the choice of location as a function of language skills. Using data on Mexican migration to the US, we show that...

Persistent link: https://www.econbiz.de/10005114322

Chinaâ€™s Institutional Architecture: A New Institutional Economics and Organization Theory Perspective on the Links between Local Governance and Local Enterprises

Krug, B.; Hendrischke, H. - Erasmus Research Institute of Management (ERIM), ERIM … - 2008

We start our exploration of Chinaâ€™s institutional change by asking what the China experience can tell us about institutional economics and organization theory. We point to under-researched areas such as the formation of firms and the interplay between firms and local politics. Our...

Persistent link: https://www.econbiz.de/10005288774

Lobbying on Entry

Perotti, Enrico C; Volpin, Paolo - C.E.P.R. Discussion Papers - 2004

We develop a model of endogenous lobby formation in which wealth inequality and political accountability undermine entry and financial development. Incumbents seek a low level of effective investor protection to prevent potential entrants from raising capital. They succeed because they can...

Persistent link: https://www.econbiz.de/10005662100

Entrepreneurship in Equilibrium

Gromb, Denis; Scharfstein, David - C.E.P.R. Discussion Papers - 2002

This Paper compares the financing of new ventures in start-ups (entrepreneurship) and in established firms … can arise (and sometimes coexist). In a low (high) entrepreneurship equilibrium, the market for failed entrepreneurs is … (entrepreneurship). We also characterize conditions under which there can be too little or too much entrepreneurial activity in …

Persistent link: https://www.econbiz.de/10005789057

Does Idiosyncratic Business Risk Matter?

Michelacci, Claudio; Schivardi, Fabiano - C.E.P.R. Discussion Papers - 2008

Financial market imperfections can prevent entrepreneurs from diversifying away the idiosyncratic risk of their business. As a result idiosyncratic risk discourages entrepreneurial activity and hinders growth, with the effects being stronger in economies with lower risk diversification...

Persistent link: https://www.econbiz.de/10005791288