Showing 1 - 10 of 496
nothing if it loses. We study a model of war with such an asymmetric payoff structure, and private information about military … win the war unless its expected military technology is considerably worse. Our model may thus explain why defending …
Persistent link: https://www.econbiz.de/10013315756
Brain drain is a core economic policy problem for many developing countries today. Does relative inequality in source and destination countries influence the brain-drain phenomenon? We explore human capital selectivity during the period 1820-1909.We apply age heaping techniques to measure human...
Persistent link: https://www.econbiz.de/10013315938
emerged in many European countries after World War I. We demonstrate that economic policy uncertainty was instrumental in … pushing a subset of European countries into hyperinflation shortly after the end of the war. Germany, Austria, Poland, and …
Persistent link: https://www.econbiz.de/10012915083
There is little causal evidence about deep-rooted sources of support for shifting power from nation-states to international organizations. Focusing on the European Union, this paper develops the hypothesis that citizens appreciate the role of international organizations in constraining member...
Persistent link: https://www.econbiz.de/10012862881
The Italian civil war and the Nazi occupation of Italy occurred at a critical juncture, just before the birth of a new … civil war, and the persistence of the battlefront along the “Gothic line” cutting through Northern-Central Italy. We find …
Persistent link: https://www.econbiz.de/10012926545
Why did substantial parts of Europe abandon the institutionalized churches around 1900? Empirical studies using modern data mostly contradict the traditional view that education was a leading source of the seismic social phenomenon of secularization. We construct a unique panel dataset of...
Persistent link: https://www.econbiz.de/10013315625
We present new data documenting medieval Europe's “Commercial Revolution” using information on the establishment of markets in Germany. We use these data to test whether medieval universities played a causal role in expanding economic activity, examining the foundation of Germany's first...
Persistent link: https://www.econbiz.de/10013073085
, while external integration worsened after World War I and again with the Great Depression, in part because of border changes …
Persistent link: https://www.econbiz.de/10012753424
Max Weber attributed the higher economic prosperity of Protestant regions to a Protestant work ethic. We provide an alternative theory, where Protestant economies prospered because instruction in reading the Bible generated the human capital crucial to economic prosperity. County-level data from...
Persistent link: https://www.econbiz.de/10013317061
In what sense are institutions a deep determinant of growth? In this paper, we address this question by examining the relationship between city growth and institutional reform in 19th century Germany, when some cities experienced deep institutional reform as a result of French rule. Employing an...
Persistent link: https://www.econbiz.de/10012980591