Showing 1 - 10 of 1,436
The impact of culture on non-kin cooperation has been singled out as critical for economic activity. However, causal … evidence of culture's influence on cooperation remains scant. In this paper we provide such evidence, focusing on two key … components of culture: preferences and beliefs. Adopting the view that culture is one aspect of an individual's multi …
Persistent link: https://www.econbiz.de/10012508741
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
Casual observation suggests that cultural differences play an important role in business transactions, yet systematic evidence on this relationship is scarce. This paper provides a novel investigation of the effect of cultural distance on multinational firms' decisions to integrate their...
Persistent link: https://www.econbiz.de/10014313474
This paper investigates the benefits of banks' direct investment in foreign subsidiaries and branches for non-financial multinationals. The paper builds on the literature on international banks which has primarily focused on the implications for host countries, rather than for its international...
Persistent link: https://www.econbiz.de/10009153880
Recent research in international economics highlights the role of interdependencies of investment decisions and sales of multinational firms. Previous work focused on and provided evidence for aggregate flows or stocks of foreign direct investment, showing that interdependence declines in...
Persistent link: https://www.econbiz.de/10003720587
This paper explores intergenerational transmission of culture and the consequences of a plausible assumption: that … people care not only for their children's culture but also for how their grand-children are raised. This departs from the …
Persistent link: https://www.econbiz.de/10011973892
culture from other confounds, however, is often a daunting, sometimes intractable challenge for the working empiricist. To … of the border. Our results show multiple discontinuities and thus indicate a potential role of culture to shape …
Persistent link: https://www.econbiz.de/10014304511
This paper explores the effects of tax provisions aimed at restricting multinationals' tax planning on foreign direct investment (FDI). Using a unique dataset which allows us to observe the worldwide activities of a large panel of multinational firms, we test how limitations of interest tax...
Persistent link: https://www.econbiz.de/10010257227
This paper studies the role of culture in shaping unemployment outcomes. The empirical analysis is based on local … political jurisdictions. Local contrasts across the language border identify the role of culture for unemployment. Our findings … indicate that differences in culture explain differences in unemployment duration on the order of 20 %. Moreover, we find that …
Persistent link: https://www.econbiz.de/10003861817