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Over the last several decades, there has been a widespread decrease in civic engagement coinciding with a breakdown in traditional family structures in many countries throughout the developed world. According to Putnam in Bowling alone (2000), however, none of the major declines in civic...
Persistent link: https://www.econbiz.de/10010570049
In this paper we investigate the long- and short-run relationships between disasters and societal trust. A growing body … determinants of social capital in general, and trust in particular. We present new cross-country and panel data evidence of another … important determinant of trust—the frequency of natural disasters. Frequent naturally occurring events such as storms require …
Persistent link: https://www.econbiz.de/10010877834
We trace the rise of the so called oligarchs in post-Soviet Russia and examine their relationship to income distribution in Russia. When Russia moved to a market economy in the 1990s a new business elite evolved. Russia's distinctive path towards market economy, among other factors, gave rise to...
Persistent link: https://www.econbiz.de/10012955282
What do state-owned enterprises (SOEs) do? How do they respond to market incentives? Can we expect substantial efficiency gains from trade liberalization in economies with a strong presence of SOEs? Using a new dataset of Vietnamese firms we document a set of empirical regularities...
Persistent link: https://www.econbiz.de/10012947908
We build a simple theoretical model to understand why developing and transition economies have increasingly applied anti-dumping laws. To that end, we investigate the strategic incentives of oligopolistic exporting firms to undertake dumping in these economies. We show that dumping may be due to...
Persistent link: https://www.econbiz.de/10005765640
A fixed exchange rate regime eliminates one degree of freedom in absorbing macroeconomic shocks. Therefore, there is a call for higher labor market flexibility in countries which are members of the monetary union or those which intend to join the monetary union. Focusing on the cross-country...
Persistent link: https://www.econbiz.de/10012754005
This paper surveys recent advances in the monetary transmission mechanism (MTM). In particular, while laying out the functioning of the separate channels in the MTM, special attention is paid to exploring possible interrelations between different channels through which they may amplify or...
Persistent link: https://www.econbiz.de/10012754233
levels of trust and reduced social activity in post-reunification Germany. We also find substantial and long-lasting economic …
Persistent link: https://www.econbiz.de/10012982258
This paper surveys recent advances in the monetary transmission mechanism (MTM). In particular, while laying out the functioning of the separate channels in the MTM, special attention is paid to exploring possible interrelations between different channels through which they may amplify or...
Persistent link: https://www.econbiz.de/10005094342
Labor courts play an important role in determining the effective level of labor market regulation in Germany, but their application of law may not be even-handed. Based on a simple theoretical model and a new panel data set, we identify a nomination bias in labor court activity - that is, court...
Persistent link: https://www.econbiz.de/10012779784