Showing 1 - 10 of 1,253
According to the widely known ‘culture of honor’ hypothesis from social psychology, traditional herding practices have …
Persistent link: https://www.econbiz.de/10012798220
model of the strategic interaction between the Catholic Church and host governments shows how the pope’s use of conditional …
Persistent link: https://www.econbiz.de/10012886560
benchmark calibration, we estimate that the capital misallocation induced by these barriers reduces World GDP by 7%, compared to …-country inequality: the standard deviation of log capital per employee is 80% higher than it would be in a world without barriers to …
Persistent link: https://www.econbiz.de/10012514947
This paper presents novel stylized facts about the global variation in universalism, leveraging nationally representative surveys across 60 countries (N=64,000). We find large variation in universalism within and across countries, which almost entirely reflects heterogeneity in people's moral...
Persistent link: https://www.econbiz.de/10013457672
We show that culture and diversity strongly influence welfare systems around the globe. To disentangle culture from …
Persistent link: https://www.econbiz.de/10011789109
Ethnically diverse countries are more prone to conflict, but why do some groups engage in conflict while others do not? I show that civil conflict is explained by ethnic groups' cultural distance to the central government: an increase in cultural distance, proxied by linguistic distance,...
Persistent link: https://www.econbiz.de/10014332085
In this paper, we provide evidence that expanding firms tend to serve new markets which are geographically close and culturally related to their prior export destinations. We quantify the impact of this spatial pattern using a Chinese firm-level data set. To ensure an exogenous set of potential...
Persistent link: https://www.econbiz.de/10009388381
World Bank projects and generally find that projects that are potentially politically motivated - such as those granted to … governments holding a non-permanent seat on the United Nations Security Council or an Executive Directorship at the World Bank … Council members with higher short-term debt, however, a negative quality rating is more likely. So we find evidence that World …
Persistent link: https://www.econbiz.de/10003948233
We study the occurrence of holdout litigation in the context of sovereign defaults. The number of creditor lawsuits against foreign governments has strongly increased over the past decades, but there is a large variation across crisis events. Why are some defaults followed by a "run to the...
Persistent link: https://www.econbiz.de/10010512583
in advanced economies after World War I; and 1978-2010, focusing on emerging market debt crises with private external …
Persistent link: https://www.econbiz.de/10011288795