Showing 1 - 10 of 146
The aim of the study is to explain if the foreclosure effect on prices is explained by a lower quality of foreclosed houses, which is a crucial aspect in the intelligibility of foreclosures. Based on a novel and comprehensive dataset, we estimate the impact of foreclosure on home prices in...
Persistent link: https://www.econbiz.de/10010480889
This paper exploits a short-lived cooperation program between the U.S.S.R. and China, which led to the construction of 156 “Million-Rouble plants” in the 1950s. We isolate exogenous variation in location decisions due to the relative position of allied and enemy airbases and study the...
Persistent link: https://www.econbiz.de/10012052788
—Judaism, Christianity, and Islam—and on the period up to WWII. Works on Judaism address Jewish occupational specialization, human capital …
Persistent link: https://www.econbiz.de/10012269435
reaching an agreement of specialization in which the wife specializes in raising kids (home production) while the husband works …
Persistent link: https://www.econbiz.de/10012799730
Introductory economics courses emphasize opportunity cost, comparative advantage and specialization to show the … benefits of trade. We assert that this emphasize leads to erroneous student mindset that trade requires specialization based on … comparative advantage. We test students who have been exposed to the typical textbook and classroom presentation of specialization …
Persistent link: https://www.econbiz.de/10010500398
An empirical measure of trade openness is defined as the ratio of total trade to GDP, and represents a convenient variable routinely used for cross-country studies on a variety of issues. However, the effects that the crude measure captures remain ambiguous, making it difficult to interpret the...
Persistent link: https://www.econbiz.de/10011744962
The paper examines of the division of labor within firms. It provides an explanation of the pervasive observed changes in work organisation away from the traditional functional departments and towards multi-tasking and job rotation. Whereas the exsisting literature on the division of labour...
Persistent link: https://www.econbiz.de/10010316081
The COVID-19 pandemic has had a dramatic impact on families’ lives, with parents all over the world struggling to meet the increased demands of housework, childcare and home-schooling. Much of the additional burden has been shouldered by women, particularly in countries with a traditionally...
Persistent link: https://www.econbiz.de/10013224076
Following Garicano (2000), we consider groups whose members decide what knowledge to acquire and how to use this knowledge in production. If efficient production requires common knowledge, all group members should become workers and acquire common knowledge. But if efficient production requires...
Persistent link: https://www.econbiz.de/10013250738
specialization and trade on growth and inequality for a small developing country. Among other results, we show that a small …
Persistent link: https://www.econbiz.de/10013314672