Why does venture capital work in some countries but not in others? This clinical study of the first German venture … capital firm examines the difficulties of creating a venture capital market in a bank-based financial system. The analysis … of venture capital …

capital in reaction to fundamental and misvaluation shocks. Besides these qualitative tests, we introduce a measure of …

support for redistribution in the form of preferred social benefit levels. This reduction in support is especially pronounced …

Economic and social interaction takes place between individuals with heterogeneous characteristics. We investigate …

dimensions (friendship, social support, economic exchange, etc.) in a rural village in the Southern hemisphere and measure … substantially in density, clustering, and centrality. When relating generosity to networks we observe that social distance only …

of utility, and lower preferred levels of income redistribution. In societies with a low level of actual social mobility … social mobility increases. Using data on happiness and a broad set of fairness measures from the World Values Survey, we find … (subjective wellbeing). We also find strong empirical support for the disappointment effect in countries with low social mobility …

Does the Internet undermine social capital or facilitate inter-personal and civic engagement in the real world? Merging … several dimensions of social capital. One identification strategy uses panel information to estimate value-added models. A … Internet reduces social capital. For some measures including children's social activities, we even find significant positive …