Showing 1 - 10 of 177
It is a well known fact that economic development and distance to the equator are positively correlated variables in the world today. It is perhaps less well known that as recently as 1500 C.E. it was the other way around. The present paper provides a theory of why the “latitude gradient”...
Persistent link: https://www.econbiz.de/10012927736
We develop and estimate a model of student study time on a social network. The model is designed to exploit unique data collected in the Berea Panel Study. Study time data allow us to quantify an intuitive mechanism for academic social interactions: own study time may depend on friend study time...
Persistent link: https://www.econbiz.de/10012921423
performance in pre-university education. Employing data from central exit exams, a positive link between competition intensity and …
Persistent link: https://www.econbiz.de/10004979417
A key issue in development economics is the explanation of core-periphery patterns around the world. Combining this issue with that of analyzing unilateral transfers (e.g. foreign aid) points in the direction of the use of New Economic Geography (NEG) models which, so far, has not been done...
Persistent link: https://www.econbiz.de/10012778412
In the absence of financing frictions, profit taxes reduce investment by their effect on the user cost of capital. With finance constraints due to moral hazard, investment becomes sensitive to cash-flow and own equity of firms. We propose a corporate finance model of investment and derive three...
Persistent link: https://www.econbiz.de/10013148299
Learning profiles, that track changes in student skills per year of schooling, often find shockingly low learning gains …. Using data from three recent studies in South Asia and Africa, we show that a majority of students spend years of … instruction with no progress on basics. We argue shallow learning profiles are in part the result of curricular paces moving much …
Persistent link: https://www.econbiz.de/10013089159
This article investigates the macro-level drivers of adult-age language learning. We construct a new dataset that … covers German language learning in 77 countries (including Germany) for 1992-2006. Fixed-effects regressions show that … language learning in the EU is strongly associated with immigration. Instead, immigration by non-EU citizens in associated with …
Persistent link: https://www.econbiz.de/10012952480
The paper is devoted to an econometric analysis of learning foreign languages in all parts of the world. Our sample … covers 193 countries and 13 important languages. Four factors significantly explain learning, two of which affect the broad … learning while the world population of speakers of the native language generally discourages it. Trade with speakers of a …
Persistent link: https://www.econbiz.de/10013048885
This paper provides the first in-depth study of the organization of knowledge in multinational firms. The paper develops a theoretical model that studies how firms optimally split knowledge between their headquarters and their production plants if communication costs impede the access of...
Persistent link: https://www.econbiz.de/10013020512
learning, and even idiosyncratic variation. Our paper cautions that the slider task will be underpowered for uncovering a …
Persistent link: https://www.econbiz.de/10013021431