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communism. …
Persistent link: https://www.econbiz.de/10012698819
described as a natural experiment to study the enduring effects of communism. We show in three steps that the populations in …
Persistent link: https://www.econbiz.de/10012177137
What are the long-term effects of Communism on economically relevant notions such as social trust? To answer this …
Persistent link: https://www.econbiz.de/10008697515
Standard economics omits the role of narratives (the stories that people tell themselves and others) when they make all kinds of decisions. Narratives play a role in understanding the environment; focusing attention; predicting events; motivating action; assigning social roles and identities;...
Persistent link: https://www.econbiz.de/10011422534
We study the effect of exposure to communism (EC), a political-economic regime based on collectivist planning, on … variation in EC in a large sample of Central and Eastern European countries (CEEC). Against the backdrop that ‘communism gives …, suggesting that (raising uncertainty and adversity during) communism increased the demand for all types of available insurance. …
Persistent link: https://www.econbiz.de/10012312212
This contribution examines the role of capitalism in anti-American terrorism. Using data for 149 countries between 1970 …, consistent with economic norms theory, higher levels of market-capitalism are associated with less anti-American terrorism …
Persistent link: https://www.econbiz.de/10010375158
Maximizing output without taking into consideration the negative externalities generated, including the harm to the mental and physical health of the population creates psychological stress. Focusing on the bellwether indicators of economic performance including working more, generating income,...
Persistent link: https://www.econbiz.de/10013383434
This study proposes an analytical framework towards behavioral political economy of institutional change. It considers institutional changes as central government’s choices under uncertainty, which are largely driven by the strategic outcomes in a behavioral coordination game between local...
Persistent link: https://www.econbiz.de/10010404541
Rare books of political economy are eminently collectable. Using historical prices, I employ hedonic regressions to estimate financial returns to collecting the works of ten eminent political economists and develop a price index for this corpus of collectables. For the observation period...
Persistent link: https://www.econbiz.de/10012437910
Most pre-crisis explanations of the various corporate governance systems have considered the separation between ownership and control to be an advantage of the Anglo-American economies. They have also attributed the failure of other countries to achieve these efficient arrangements to their...
Persistent link: https://www.econbiz.de/10003923223