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The Great Divergence : A Network Approach

Lindner, Ines - 2016

knowledge throughout the world explains a period of increasing world inequality after the take-off of the forerunners of the … industrial revolution, followed by decreasing relative inequality. Knowledge diffusion through a Small World network explains the … individual countries in the course of world development …

Persistent link: https://www.econbiz.de/10013001168

Institutions and Economic Growth in Historical Perspective : Part 2

Ogilvie, Sheilagh - 2014

This is Part 2 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth. The paper provides a critical scrutiny of a number of stylized facts widely accepted in the growth literature. It shows that private-order institutions have not historically...

Persistent link: https://www.econbiz.de/10013051272

Institutions and Economic Growth in Historical Perspective : Part 1

Ogilvie, Sheilagh - 2014

This is Part 1 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth. The paper provides a critical scrutiny of a number of stylized facts widely accepted in the growth literature. It shows that private-order institutions have not historically...

Persistent link: https://www.econbiz.de/10013051273

Brain Drain in the Age of Mass Migration : Does Relative Inequality Explain Migrant Selectivity?

Stolz, Yvonne; Baten, Joerg - 2021

Brain drain is a core economic policy problem for many developing countries today. Does relative inequality in source and destination countries influence the brain-drain phenomenon? We explore human capital selectivity during the period 1820-1909.We apply age heaping techniques to measure human...

Persistent link: https://www.econbiz.de/10013315938

Overcoming History through International Organizations – Historical Roots of EU Support and Euroscepticism

Gehring, Kai - 2019

There is little causal evidence about deep-rooted sources of support for shifting power from nation-states to international organizations. Focusing on the European Union, this paper develops the hypothesis that citizens appreciate the role of international organizations in constraining member...

Persistent link: https://www.econbiz.de/10012862881

Persistence and Cycles in the US Federal Funds Rate

Caporale, Guglielmo Maria - 2013

This paper uses long-range dependence techniques to analyse two important features of the US Federal Funds effective rate, namely its persistence and cyclical behaviour. It examines annual, monthly, bi-weekly and weekly data, from 1954 until 2010. Two models are considered. One is based on an...

Persistent link: https://www.econbiz.de/10013089178

Persistence and Cyclical Dependence in the Monthly Euribor Rate

Caporale, Guglielmo Maria - 2013

This paper analyses two well-known features of interest rates, namely their time dependence and their cyclical structure. Specifically, it focuses on the monthly Euribor rate, using monthly data from January 1994 to May 2011. Models based on fractional integration at the long run or zero...

Persistent link: https://www.econbiz.de/10013092074

The Timing of Choice-Enhancing Policies

Murooka, Takeshi - 2016

Recent studies investigate policies motivating consumers to make an active choice as a way to protect unsophisticated consumers. We analyse the optimal timing of such choice-enhancing policies when a firm can strategically react to them. In our model, a firm provides an automatic enrollment or...

Persistent link: https://www.econbiz.de/10012985793

Bargaining Under Time Pressure

Karagözoğlu, Emin - 2016

We experimentally investigate the effect of time pressure in a rich-context, unstructured bargaining game with earned status and competing reference points. Our results show that average opening proposals, concessions, and agreed shares are very similar across different levels of time pressure....

Persistent link: https://www.econbiz.de/10012999773

Interpreting Time Horizon Effects in Inter-Temporal Choice

Dohmen, Thomas J. - 2012

We compare different designs that have been used to test for an impact of time horizon on discounting, using real incentives and two representative data sets. With the most commonly used type of design we replicate the typical finding of declining (hyperbolic) discounting, but with other designs...

Persistent link: https://www.econbiz.de/10013109751

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