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Culture, Institutions & the Long Divergence
Bisin, Alberto; Rubin, Jared; Seror, Avner; Verdier, Thierry - National Bureau of Economic Research - 2021
Recent theories of the Long Divergence between Middle Eastern and Western European economies focus on Middle Eastern (over-)reliance on religious legitimacy, use of slave soldiers, and persistence of restrictive proscriptions of religious (Islamic) law. These theories take as exogenous the...
Persistent link: https://www.econbiz.de/10012482703
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Debt and Deficits : Fiscal Analysis with Stationary Ratios
Campbell, John Y.; Gao, Can; Martin, Ian - National Bureau of Economic Research - 2023
We study cointegrating relationships among fiscal variables and output and use them to introduce a new measure of the government's fiscal position. In the US since World War II, we find that the primary surplus-GDP ratio and the government debt-GDP ratio are nonstationary, which invalidates...
Persistent link: https://www.econbiz.de/10014287325
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Big Loans to Small Businesses : Predicting Winners and Losers in an Entrepreneurial Lending Experiment
Bryan, Gharad; Karlan, Dean; Osman, Adam - National Bureau of Economic Research - 2021
We experimentally study the impact of substantially larger enterprise loans, in collaboration with an Egyptian lender. Larger loans generate small average impacts, but machine learning using psychometric data reveals dramatic heterogeneity. Top-performers (i.e., those with the highest predicted...
Persistent link: https://www.econbiz.de/10012629531
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The Demand for Mobility : Evidence from an Experiment with Uber Riders
Christensen, Peter; Osman, Adam - National Bureau of Economic Research - 2023
Egypt, we randomly assign large price discounts for transport services over a 3 month period to examine: (1) the demand for …
Persistent link: https://www.econbiz.de/10014322718
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Economic Interests, Worldviews, and Identities : Theory and Evidence on Ideational Politics
Ash, Elliott; Mukand, Sharun W.; Rodrik, Dani - National Bureau of Economic Research - 2021
We distinguish between ideational and interest-based appeals to voters on the supply side of politics, and integrate the Keynes-Hayek perspective on the importance of ideas with the Stigler-Becker approach emphasizing vested interests. In our model, political entrepreneurs discover identity and...
Persistent link: https://www.econbiz.de/10012696383
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Lobbying Physicians : Payments from Industry and Hospital Procurement of Medical Devices
Bergman, Alon; Grennan, Matthew; Swanson, Ashley - National Bureau of Economic Research - 2021
We draw upon newly merged administrative data sets to study the relationship between payments from medical technology firms to physicians and medical device procurement by hospitals. These payments (and the interactions that accompany them) may facilitate the transfer of valuable information to...
Persistent link: https://www.econbiz.de/10012794611
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Optimal Tariffs and Trade Policy Formation : U.S. Evidence from the Smoot-Hawley Era
Irwin, Douglas A.; Soderbery, Anson - National Bureau of Economic Research - 2021
well as industry lobbying data. We find that tariff levels are largely determined by firm lobbies, but about about 5 …
Persistent link: https://www.econbiz.de/10012599405
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Lobbying Behind the Frontier
Bombardini, Matilde; Cutinelli-Rendina, Olimpia; … - National Bureau of Economic Research - 2021
competition in U.S. industries. Lobbying expenditures increase as a consequence of import changes related to the China shock. The … effect on lobbying is not homogeneous across firms and it concentrates particularly in those producers which are behind the … technological frontier. We discuss theoretical mechanisms driving lobbying of firms away from the technological frontier: not only …
Persistent link: https://www.econbiz.de/10012616568
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Competitive Capture of Public Opinion
Alonso, Ricardo; Padró i Miquel, Gerard - National Bureau of Economic Research - 2023
We propose a general equilibrium model where two special interest groups (SIGs) compete to influence public opinion. Citizens with heterogeneous priors over a binary state of the world receive reports drawn from a continuous message space by a variety of sources. The two opposite SIGs attempt to...
Persistent link: https://www.econbiz.de/10014322801
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Pack-Crack-Pack : Gerrymandering with Differential Turnout
Bouton, Laurent; Génicot, Garance; Castanheira, Micael; … - National Bureau of Economic Research - 2023
This paper studies the manipulation of electoral maps by political parties, known as gerrymandering. At the core of our analysis is the recognition that districts must have the same population size but only voters matter for electoral incentives. Using a novel model of gerrymandering that allows...
Persistent link: https://www.econbiz.de/10014322829