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Direct and Indirect Effects Based on Difference-in-Differences with an Application to Political Preferences Following the Vietnam Draft Lottery
Deuchert, Eva - 2018
This paper proposes a difference-in-differences approach for disentangling a total treatment effect on some outcome into a direct effect as well as an indirect effect operating through a binary intermediate variable – or mediator – within strata defined upon how the mediator reacts to the...
Persistent link: https://www.econbiz.de/10012935675
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The Big Five Personality Traits and Partisanship in England
Aidt, Toke Skovsgaard - 2018
We propose a new framework for the study of the psychological foundation of party identification. We draw a distinction between the part of an individual's party preference that is stable throughout adult life and the dynamic part responding to lifecycle events and macro shocks. We theorize that...
Persistent link: https://www.econbiz.de/10012930614
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Human Capital and the Feldstein-Horioka Puzzle
Katsimi, Margarita - 2007
In this paper we reexamine the Feldstein-Horioka finding of limited international capital mobility by using a broader view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to this change
Persistent link: https://www.econbiz.de/10012777642
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International Trade and Transnational Insecurity : How Comparative Advantage and Power are Jointly Determined
Garfinkel, Michelle R.; Skaperdas, Stergios; … - 2021
We augment the canonical neoclassical model of trade to allow for interstate disputes over land, oil, water, or other resources. The costs of such disputes in terms of arming depend on the trade regime in place. Under either autarky or free trade, the larger country (in terms of factor...
Persistent link: https://www.econbiz.de/10013316359
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Restrictive Immigration Policy in Germany : Pains and Gains Foregone?
Felbermayr, Gabriel J.; Geis, Wido; Kohler, Wilhelm - 2021
migration from new EU members countries, we find moderate negative wage effects, combined with increased unemployment for some …
Persistent link: https://www.econbiz.de/10013316525
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Understanding the Latest Wave and Future Shape of Regional Trade and Cooperation Agreements in Asia
Bhattacharyay, Biswa N. - 2021
Asia accounts for more than 30% of world GDP and contributes half of the global growth in recent years. Despite high growth rates, Asia is still facing considerable socio-economic challenges. If Asia is to reemerge as a major power in the global economy and in order for the region to...
Persistent link: https://www.econbiz.de/10013317319
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Overcoming History Through Exit or Integration – Deep-Rooted Sources of Support for the European Union
Gehring, Kai - 2020
Preferences about the vertical distribution of power in federal systems are not well understood. I argue that negative historical experiences with higher-level governments can plausibly raise demands for exit strategies and a devolution of power. But integration, for instance delegating power...
Persistent link: https://www.econbiz.de/10012840199
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It's the Media, Stupid - How Media Activity Shapes Public Spending
Bruns, Christian - 2008
more money where media coverage is higher. We present a simple model to explain the allocation of public spending across … jurisdictions contingent on media activity. An incumbent seeking to maximize the probability of reelection will shift more money to … television stations. Instrumenting for the possible endogeneity of media activity to public spending, 2SLS results confirm a …
Persistent link: https://www.econbiz.de/10012768249
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The Demands for Environmental Regulation and for Trade in the Presence of Private Mitigation
Hotte, Louis; Winer, Stanley L. - 2021
We study the nature of individual demands for environmental regulation and for trade openness in the general equilibrium of a small open economy where the environment is an input to production. Differences in the ability of individuals to afford private mitigation of the adverse consequences of...
Persistent link: https://www.econbiz.de/10013316421
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Minority Voting and Long-Term Decisions
Fahrenberger, Theresa; Gersbach, Hans - 2021
In this paper we propose minority voting as a scheme that can partially protect individuals from the risk of repeated exploitation. We consider a committee that meets twice to decide about projects where the first-period project may have a long-lasting impact. In the first period a simple open...
Persistent link: https://www.econbiz.de/10013316931