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The use of height data to measure living standards is now a well-established method in the economic literature. While much is known about 19th century black legal and material conditions, less is known about how 19th century biological conditions were related to the physical environment and...
Persistent link: https://www.econbiz.de/10003771878
find that cities with higher levels of mortality during the Great Influenza of 1918-1919 subsequently expanded hospital …
Persistent link: https://www.econbiz.de/10013453768
of the hospital from a fringe institution to one essential to the practice of medicine. Despite the central role of …. In this paper, we explore how access to the hospital and modern medicine affects mortality. We do so by leveraging a … combination of novel data and a unique quasi-experiment: a large-scale hospital modernization program introduced by The Duke …
Persistent link: https://www.econbiz.de/10013454014
The Reformation provided a powerful source of legitimacy for secularization of governance and enabled the regional authorities to change the institutional structure to eliminate the inefficiencies under the prevailing (Catholic) regime. We investigate this idea in a simple model of regime change...
Persistent link: https://www.econbiz.de/10011509503
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
In this paper, we study how the birth of the first universities in Italy affected the emergence of the Italian free cities-states (the commune) in the period 1000-1300 a.d. Exploiting a panel dataset of 121 cities, we show that after the foundation of a new university the distance between each...
Persistent link: https://www.econbiz.de/10011745317
,123 schoolchildren grades 6-10 in 15 California schools participated in the experiment. Although the program significantly increased …
Persistent link: https://www.econbiz.de/10009707556
We introduce a simple, easy to implement instrument for jointly eliciting risk and ambiguity attitudes. Using this instrument, we structurally estimate a two-parameter model of preferences. Our findings indicate that ambiguity aversion is significantly overstated when risk neutrality is assumed....
Persistent link: https://www.econbiz.de/10010483592
We examine drivers of cost overruns in Norwegian development projects in the oil and gas sector. The multivariate longitudinal econometric analysis employs a unique and detailed dataset consisting of 80 different projects between 2000 and 2015. Among the significant results, we find that the...
Persistent link: https://www.econbiz.de/10011471525
The oil and gas sector plays a crucial role in the Norwegian economy. It accounts for a very large proportion of gross domestic product, government revenues, investment and exports. A sharp fall in oil prices has had a significant impact on the economy and focused great attention on the cost...
Persistent link: https://www.econbiz.de/10011554409