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The Intergenerational Transmission of Risk and Trust Attitudes
Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe - CESifo - 2008
preferences such as risk preference, and crucial beliefs about the world, such as trust. This paper provides evidence on the three …
Persistent link: https://www.econbiz.de/10005094270
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The Effect of Regulatory Harmonization on Cross-Border Labor Migration : Evidence from the Accounting Profession
Bloomfield, Matthew J. - 2016
The paper examines whether international regulatory harmonization increases cross-border labor migration. To study this question, we analyze European Union (EU) initiatives that harmonized accounting and auditing standards. Regulatory harmonization should reduce economic mobility barriers,...
Persistent link: https://www.econbiz.de/10013000840
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Redistribution or Education? The Political Economy of the Social Race
Bernasconi, Michele; Profeta, Paola - 2021
In an overlapping generations model with two social classes, rich and poor, parents of the different social classes vote on two issues: redistributive policies for them and education investment for their children. Public education is the engine for growth through its effect on human capital; but...
Persistent link: https://www.econbiz.de/10013317185
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When the State Mirrors the Family : The Design of Pension Systems
Galasso, Vincenzo; Profeta, Paola - 2021
This paper studies the transmission mechanism from family culture to economic institutions, by analyzing the impact of the within family organization on the original design of the public pension systems. We build a simple OLG model with families featuring either weak or strong internal ties....
Persistent link: https://www.econbiz.de/10013316150
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When the State Mirrors the Family: The Design of Pension Systems
Galasso, Vincenzo; Profeta, Paola - CESifo - 2010
This paper studies the transmission mechanism from family culture to economic institutions, by analyzing the impact of the within family organization on the original design of the public pension systems. We build a simple OLG model with families featuring either weak or strong internal ties....
Persistent link: https://www.econbiz.de/10008671713
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The Growth Effect of Democracy: Is it Heterogenous and how can it be Estimated?
Persson, Torsten; Tabellini, Guido - CESifo - 2007
parametric estimates may have seriously underestimated the growth effects of democracy. In particular, we find an average … negative effect on growth of leaving democracy on the order of −2 percentage points implying effects on income per capita as …
Persistent link: https://www.econbiz.de/10005181259
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Inequality and Happiness : When Perceived Social Mobility and Economic Reality do not Match
Bjørnskov, Christian - 2010
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the perceived and the actual fairness of the income generation process affects this association. Building on a simple model of individual labor-market participation under...
Persistent link: https://www.econbiz.de/10013136696
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Early-Life Circumstances Predict Measures of Trust Among Adults : Evidence from Hunger Episodes in Post-War Germany
Hörl, Maximiliane - 2016
Can a major shock in childhood permanently shape trust? We consider a hunger episode in Germany after WWII and … regional and temporal variation. We correlate hunger exposure with measures of trust using data from a nationally … significantly lower levels of trust as adults. This finding highlights that early-life experiences can have long-term effects in …
Persistent link: https://www.econbiz.de/10012979593
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Inequality and Happiness: When Perceived Social Mobility and Economic Reality do not Match
Bjørnskov, Christian; Dreher, Axel; Fischer, Justina A.V. - CESifo - 2010
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the perceived and the actual fairness of the income generation process affects this association. Building on a simple model of individual labor-market participation under...
Persistent link: https://www.econbiz.de/10008671705
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Democracy and Growth : Evidence of a New Measurement
Gründler, Klaus - 2016
We present a novel approach for measuring democracy based on Support Vector Machines, a mathematical algorithm for … pattern recognition. The Support Vector Machines Democracy Index (SVMDI) is continuously on the 0-1-interval and enables a … very detailed measurement of democracy for 188 countries between 1981 and 2011. Application of the SVMDI highlights a …
Persistent link: https://www.econbiz.de/10013001148