Narrow search
Showing 1 - 10 of 1,685
Cover Image
Patience and comparative development
Sunde, Uwe; Dohmen, Thomas; Enke, Benjamin; Falk, Armin; … - 2021
This paper studies the relationship between patience and comparative development through a combination of reduced-form analyses and model estimations. Based on a globally representative dataset on time preference in 76 countries, we document two sets of stylized facts. First, patience is...
Persistent link: https://www.econbiz.de/10013189598
Cover Image
How does democracy cause growth?
Boese, Vanessa Alexandra; Eberhardt, Markus - 2023 - This version: July 6th, 2023
opportunities as well as the distribution of political power shaped by underlying institutions, in combination with the extent of … institutions which drive this relationship using data from the Varieties of Democracy project. We sketch how incentives and … selection into institutional change, and run horse races between underlying institutions. We find that freedom of expression …
Persistent link: https://www.econbiz.de/10014334859
Cover Image
Welfare policy in the presence of unionised labour and internationally mobile firms
Rocha-Akis, Silvia; Schöb, Ronnie - 2009
In oligopolistic industries that are unionised and may be affected by offshoring, falling offshoring costs have a moderating effect on trade unions. They will accept lower sector wages in order to discourage mobile forms from leaving the country. Since such wages are independent of the workers'...
Persistent link: https://www.econbiz.de/10003931419
Cover Image
EU regional policy : its theoretical foundations and their policy conclusions revisited
Schmidt, Peter - 2014 - Draft
This paper reconsiders the theoretical foundations of EU regional policy in economics. It begins with a discussion of the line of thought of its prevalent explanation in equilibrium economics which is focusing on market failures as its key underpinning and which is the major toolkit of...
Persistent link: https://www.econbiz.de/10011487099
Cover Image
Longevity and patience
Falk, Armin; Hermle, Johannes; Sunde, Uwe - 2019
Why does patience vary across individuals and countries? We provide evidence on a widely-hypothesized mechanism, namely that higher longevity fosters patience. Using data on patience for 80,000 individuals in 76 countries, this paper relates exogenous variation in longevity across...
Persistent link: https://www.econbiz.de/10012126326
Cover Image
Public R&D investment in economic crises
Pellens, Maikel; Peters, Bettina; Hud, Martin; Rammer, … - 2020 - This version: November 2020
We study the cyclicality of public R&D in 28 OECD countries (1995-2017). While procyclical on average, public R&D reacts asymmetrically over different phases of the business cycle and becomes acyclical during recessions. It is also heterogeneous across countries: Innovation leaders and followers...
Persistent link: https://www.econbiz.de/10012390728
Cover Image
Financial markets and the allocation of capital : the role of productivity
Di Mauro, Filippo; Hassan, Fadi; Ottaviano, Gianmarco I. P. - 2018
Persistent link: https://www.econbiz.de/10011883870
Cover Image
Selection into entrepreneurship and self-employment
Levine, Ross; Rubinstein, Yona - 2020
Persistent link: https://www.econbiz.de/10012486554
Cover Image
Businessmen's expectations are neither rational nor adaptive
Nerlove, Marc L.; Schuermann, Til - 1997
A framework which allows for the joint testing of the adaptive and rational expectations hypotheses is presented. We assume joint normality of expectations, realizations and variables in the information set, allowing for parsimonious interpretation of the data; conditional first moments are...
Persistent link: https://www.econbiz.de/10011620075
Cover Image
Businessmen's expectations are neither rational nor adaptive
Nerlove, Marc; Schuermann, Til - 1997
Persistent link: https://www.econbiz.de/10013428088