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What Drives Financial Development? A Meta-Regression Analysis
Doucouliagos, Chris - 2020
This paper offers a meta-regression analysis of the literature on the drivers of financial development. Our results based on 1900 estimates suggest that institutional quality is positively correlated to both private sector credit and stock market capitalization (both as share of GDP). Domestic...
Persistent link: https://www.econbiz.de/10012830987
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The Role of Institutions and Immigrant Networks in Firms’ Offshoring Decisions
Moriconi, Simone - 2019
The offshoring of production by multinational firms has expanded dramatically in recent decades, increasing these firms’ potential for economic growth and technological transfers across countries. What determines the location of offshore production? How do countries' policies and...
Persistent link: https://www.econbiz.de/10012892039
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Institutions and Offshoring Decision
Nicolini, Marcella - 2021
Several papers have proven that the institutional environment of the receiving country can influence the choice to …
Persistent link: https://www.econbiz.de/10013316890
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How Do Institutions Affect the Impact of Natural Disasters?
Bos, Jaap W.B; Gröschl, Jasmin; Lamers, Martien; Li, … - 2023
In this paper we study how differences in the quality of countries’ institutions affect the impact of natural hazards in these countries. To do so, we first build a new data set that allows us to adequately control for countries’ development and geological characteristics and,...
Persistent link: https://www.econbiz.de/10014264154
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Social Finance
Kuchler, Theresa; Stroebel, Johannes - 2021
We review an empirical literature that studies the role of social interactions in driving economic and financial decision making. We first summarize recent work that documents an important role of social interactions in explaining household decisions in housing and mortgage markets. This...
Persistent link: https://www.econbiz.de/10013315042
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Labour Market Institutions and the Employment Intensity of Output Growth - An International Comparison
Rottmann, Horst; Flaig, Gebhard - 2021
This paper deals with the effects of labour market institutions on labour market performance. We analyse as an indicator for the labour intensity of output growth the employment threshold (the minimum growth rate of output necessary to keep employment constant). We show for a sample of 17 OECD...
Persistent link: https://www.econbiz.de/10013316632
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Slavery, Corruption, and Institutions
Rauscher, Michael - 2019
We develop a model where firms profit from coercing workers into employment under conditions violating national law and international conventions and where bureaucrats benefit from accepting bribes from detected perpetrators. Firms and bureaucrats are heterogeneous. Employers differ in their...
Persistent link: https://www.econbiz.de/10012859047
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Introducing time-to-educate in a job search model
Becker, Sascha O. - 2005
market. At the same time, education is a time-consuming process, and enrolment and dropout decisions depend on expected … in finding a job. Standard models of job search and education assume that skills can be upgraded instantaneously (and … mostly in the form of on-the-job training) at a fixed cost. This paper models education as a time-consuming process, a …
Persistent link: https://www.econbiz.de/10010261362
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Measurement Error in Education and Growth Regressions
Portela, Miguel; Alessie, Rob J. M.; Teulings, Coen N. - 2006
The perpetual inventory method used for the construction of education data per country leads to systematic measurement … education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting …
Persistent link: https://www.econbiz.de/10010270563
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Devotion and Development : Religiosity, Education, and Economic Progress in 19th-Century France
Squicciarini, Mara - 2020
skill-intensive, leading to the introduction of technical education in primary schools. I find that more religious locations … slower adoption of the technical curriculum and a push for religious education. Religious education, in turn, was negatively …
Persistent link: https://www.econbiz.de/10012848322