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Is social capital long lasting? Does it affect long term economic performance? To answer these questions we test Putnam’s conjecture that today marked differences in social capital between the North and South of Italy were due to the culture of independence fostered by the free city-states...
Persistent link: https://www.econbiz.de/10005789085
countries, communities on both sides of the long-gone Habsburg border have been sharing common formal institutions for a century …
Persistent link: https://www.econbiz.de/10008873335
We model the effect of Protestant vs. Catholic denomination in an economic theory of suicide, accounting for differences in religious-community integration, views about man’s impact on God’s grace, and the possibility of confessing sins. We test the theory using a unique micro-regional...
Persistent link: https://www.econbiz.de/10009147410
The interplay between religion and the economy has occupied social scientists for long. We construct a unique panel of … doubt on causal interpretations of the religion- economy nexus in Prussian secularization. …
Persistent link: https://www.econbiz.de/10011084066
We consider a model of policy choice in which appropriate policies depend on a country’s own circumstances, but the presence of a successful leader generates an informational externality and results in too little ‘policy experimentation’. Corrupt governments are reined in while honest...
Persistent link: https://www.econbiz.de/10005136734
We estimate the respective contributions of institutions, geography, and trade in determining income levels around the … world, using recently developed instruments for institutions and trade. Our results indicate that the quality of … institutions 'trumps' everything else. Once institutions are controlled for, measures of geography have at best weak direct effects …
Persistent link: https://www.econbiz.de/10005667122
This paper opens with a discussion of the types of institutions that allow markets to perform adequately. While we can … identify in broad terms what these are, there is no unique mapping between markets and the non-market institutions that … institutions. A range of evidence indicates that participatory democracies enable higher-quality growth. …
Persistent link: https://www.econbiz.de/10005791566
Since Max Weber, there has been an active debate on the impact of religion on people’s economic attitudes. Much of the …, differentiating on whether a religion is dominant in a country. We find that on average, religious beliefs are associated with ‘good …
Persistent link: https://www.econbiz.de/10005123509
While women's employment opportunities, relative wages, and the child quantity-quality trade-off have been studied as factors underlying historical fertility limitation, the role of parental education has received little attention. We combine Prussian county data from three censuses--1816, 1849,...
Persistent link: https://www.econbiz.de/10009003377
as education, religion, fertility, and many others for Prussian economic development in the 19th century. The service of …
Persistent link: https://www.econbiz.de/10011083606