Showing 1 - 10 of 10
This work shows the asymmetric effect of the reduction in transportation costs across different sectors in the process of the Great Divergence. Specifically, the analysis indicates that reductions in transportation costs of industrial goods enhance convergence of the growth rates of trading...
Persistent link: https://www.econbiz.de/10010352350
This paper argues that politicians are overprotected. The costs of political assassination differ systematically depending on whether a private or a public point of view is taken. A politician attributes a very high (if not infinite) cost to his or her survival. The social cost of political...
Persistent link: https://www.econbiz.de/10010264147
In the course of history, a large number of politicians have been assassinated. Rational choice hypotheses are developed and tested using panel data covering more than 100 countries over a period of 20 years. Several strategies, in addition to security measures, are shown to significantly reduce...
Persistent link: https://www.econbiz.de/10010264506
The digital revolution has led to a quantification of ever more areas of human life and society. At the same time, there is an explosion of the number of awards, which by their very nature are based on non-quantified performance. Will quantification take over completely, leading to...
Persistent link: https://www.econbiz.de/10011744888
There is a fundamental difference between the natural and the social sciences due to reactivity. This difference remains even in the age of Artificially Intelligent Learning Machines and Big Data. Many academic economists take it as a matter of course that economics should become a natural...
Persistent link: https://www.econbiz.de/10011744899
Museums have many different goals beyond efficiency such as social equity, financial revenue, attracting donors and gaining international, regional or local prestige. Various pricing schemes are being discussed with the aim of reaching these goals. The classical ones are entry prices and free...
Persistent link: https://www.econbiz.de/10010270468
This work focuses on a temporary guest-worker-type migration of individuals from the middle class of the wealth …
Persistent link: https://www.econbiz.de/10010274747
's human capital accumulation function in the periphery are incorporated. I show how migration affects the inter … help increase the per-capita human capital levels, if free uncontrolled migration leads to a reduction in human capital …
Persistent link: https://www.econbiz.de/10012658044
This paper studies the effect of emigration on gender norms in countries of migrants’ origin. We use an instrumental variable strategy that allows us to estimate a causal effect of emigration on gender inequality. Our findings suggest that emigration to countries with low (high) levels of...
Persistent link: https://www.econbiz.de/10012799750
This article analyzes the effect of migration from a less advanced economy to a more advanced economy on economic … are incorporated. The model shows that out-migration increases fertility and reduces human capital in the source economy …. At the same time, in-migration reduces fertility and can increase or decrease the average level of human capital in the …
Persistent link: https://www.econbiz.de/10011698675