Showing 1 - 10 of 302
According to the widely known ‘culture of honor’ hypothesis from social psychology, traditional herding practices have …
Persistent link: https://www.econbiz.de/10013308100
Cultural and institutional differences among nations may result in differences in the ratios of marginal costs of goods in autarchy and thus be the basis of specialization and comparative advantage, as long as these differences are not eliminated by trade. We provide an evolutionary model of...
Persistent link: https://www.econbiz.de/10010271869
provide an explanation of why small countries sometimes exclude certain goods (especially those related to culture) from trade …
Persistent link: https://www.econbiz.de/10010261231
Does culture have a causal effect on economic development? The data on European regions suggest that it does. Culture … individual self-determination. To isolate the exogenous variation in culture, I rely on two historical variables used as … centuries. The political and social history of Europe provides a rich source of variation in these two variables at a regional …
Persistent link: https://www.econbiz.de/10010261295
America or Europe. The results of the study show that institutions in the Pacific region have the highest average efficiency … scores, followed by Northern America and Western Europe. While many results of this study are scarcely surprising, it is the …
Persistent link: https://www.econbiz.de/10012839362
We use archetypoid analysis as a new tool to categorize institutions and faculties of economics. The approach identifies typical characteristics of extreme (archetypal) values in a multivariate data set. Each entity under investigation is assigned relative shares of the identified archetypoid,...
Persistent link: https://www.econbiz.de/10012843438
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
Marriage and divorce decisions are influenced by the institutional environment they are made in. One example is the social insurance system, which acts as a substitute for within-household insurance against economic shocks. In this paper, we quantify the importance of household-level insurance...
Persistent link: https://www.econbiz.de/10012824595
We develop a simple structural model of value added tax (VAT) compliance, and estimate it using widely available national accounts data to learn about compliance in countries where little is currently known. International border controls improve VAT compliance, generating a correlation between...
Persistent link: https://www.econbiz.de/10012864936
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