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For better or for worse? : State-level marital formation and risk sharing

Chami, Ralph; Hess, Gregory D. - 2002

Why do some U.S. states have higher levels of marital formation than others? This paper introduces an economic model wherin a state's representative individual may choose to marry in order to diversify his or her idiosyncratic income risk. The paper demonstrates that such a diversification...

Persistent link: https://www.econbiz.de/10001675772

International and intranational risk sharing

Crucini, Mario J.; Hess, Gregory D. - 1999

This paper reviews three important issues in the literature on international and intranational risk sharing. First, we establish a comprehensive set of stylized facts for consumption risk sharing within and across countries. Consistent with the findings in the literature, we find that the...

Persistent link: https://www.econbiz.de/10001452109

How much does violence tax trade?

Blomberg, Stephen Brock; Hess, Gregory D. - 2004

We investigate the empirical impact of violence as compared to other trade impediments on trade flows. Our analysis is based on a panel data set with annual observations on 177 countries from 1968 to 1999, which brings together information from the Rose [2004] dataset, the ITERATE dataset for...

Persistent link: https://www.econbiz.de/10002246167

The macroeconomic consequences of terrorism

Blomberg, Stephen Brock; Hess, Gregory D.; Orphanides, … - 2004

We perform an empirical investigation of the macroeconomic consequences of international terrorism and interactions with alternative forms of collective violence. Our analysis is based on a rich unbalanced panel data set with annual observations on 177 countries from 1968 to 2000, which brings...

Persistent link: https://www.econbiz.de/10002018629

Entrepreneurial recovery from COVID-19 : decentralization, democratization, demand, distribution, and demography

Naudé, Wim - 2020

is a strong possibility that the unintended damage to entrepreneurship, innovation and growth could be persistent. This …

Persistent link: https://www.econbiz.de/10012262279

Industrialization under medieval conditions? : global development after COVID-19

Naudé, Wim - 2020

- innovation and trade - are in danger of being compromised by the COVID-19 pandemic, under conditions increasingly reminiscent of … the medieval world. It comes at a time when innovation had already been stagnating under guild-like corporate …. The COVID-19 pandemic may cause a permanent reduction in innovation and entrepreneurship and may even bring the 4th …

Persistent link: https://www.econbiz.de/10012308038