Showing 1 - 10 of 441
Georgian trustors discriminate against the ethnic Armenian minority group. We introduce an initial signaling stage to …
Persistent link: https://www.econbiz.de/10012861414
How can the West’s economic and political polarization be explained? We argue that persuasive lobbying at various levels of government leads to systematic deviations of policies from those desired by the majority. Implemented policies diverge from the majority position despite centripetal...
Persistent link: https://www.econbiz.de/10013323091
physical infrastructure. Looking at the growth pattern during 1993 to 2013, directly ruled districts had a 1.84% lower annual … growth rate compared to indirectly ruled districts. As well, directly ruled districts were converging at a rate of 2% per …
Persistent link: https://www.econbiz.de/10013231963
In this paper we propose minority voting as a scheme that can partially protect individuals from the risk of repeated …: voting winners, voting losers, and absentees. Under minority voting only voting losers keep the voting right in the second … period. We show that as soon as absolute risk aversion exceeds a threshold value minority voting is superior to repeated …
Persistent link: https://www.econbiz.de/10010264290
the Great Depression. This paper provides the first study of how the pandemic impacted minority unemployment using CPS …
Persistent link: https://www.econbiz.de/10012832183
, reduce their bank lending, lower their investment rate and labor productivity, and reduce their output and TFP growth by …
Persistent link: https://www.econbiz.de/10012859607
In the past several decades, the U.S. economy has witnessed a number of striking trends that indicate a rising market concentration and a slowdown in business dynamism. In this paper, we make an attempt to understand potential common forces behind these empirical regularities through the lens of...
Persistent link: https://www.econbiz.de/10012861420
potential of growth theory for the analysis of factors behind declining business dynamism and the need for further investigation …
Persistent link: https://www.econbiz.de/10012861425
We show that in successful episodes of export market entry, there are statistically and economically significant post-entry dynamics of quantities, but no post-entry dynamics of markups. This suggests that shifts in demand play an important role in successful entry, but that firms do not use...
Persistent link: https://www.econbiz.de/10012841929
the Austrian services sector. We apply a two-part model of firm survival (exit) and firm growth. Separate regressions for …
Persistent link: https://www.econbiz.de/10012844212