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Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist …
Persistent link: https://www.econbiz.de/10013117212
"Prominent economic theories have emphasized the role of commonly held perceptions and expectations for determining macroeconomic outcomes. A key empirical question is how such collectively held beliefs are formed. We use the FIFA World Cup 2006 as a natural experiment. We provide direct...
Persistent link: https://www.econbiz.de/10003359287
A vast literature has investigated the relationship between trust and aggregate economic performance. We investigate the relationship between individual trust and individual economic performance. We find that individual income is hump-shaped in a measure of intensity of trust beliefs available...
Persistent link: https://www.econbiz.de/10003898121
We investigate the relationship between individual trust and individual economic performance. We find that individual income is hump-shaped in a measure of intensity of trust beliefs. Our interpretation is that highly trusting individuals tend to assume too much social risk and to be cheated...
Persistent link: https://www.econbiz.de/10013156416
We ask whether Poland is at risk of the boom-bust problem that has afflicted economies around the time of euro adoption …. Our answer, inevitably, is mixed. On the one hand the fact that Poland is an outlier, credit-growth wise, accentuates the … Poland. And it is certainly conceivable that the same policies and country characteristics (not always visible to the …
Persistent link: https://www.econbiz.de/10012769529
This paper studies the causal effect of English proficiency on residential location outcomes and the socioeconomic class of immigrants in England and Wales, exploiting a natural experiment. Based on the phenomenon that young children learn a new language more easily than older children, we...
Persistent link: https://www.econbiz.de/10011803329
staying in Poland, to identify the main motives to remit and thus to understand mechanisms governing this process. The article …
Persistent link: https://www.econbiz.de/10010196422
Poland is a country being exposed to emigration and immigration flows relatively recently. That, among others, results … structure all existing data and other pieces of information on immigrants coming to Poland from the EU Eastern Partnership … Countries (EAPs). The vast majority of all types of immigrants from these countries actually originate in Ukraine. On the other …
Persistent link: https://www.econbiz.de/10010196429
) assessing empirically net fiscal position of Ukrainian immigrants in Poland. On the theoretical level we show that there exists … analysis presented. Net fiscal position of Ukrainian immigrants in Poland is unequivocally positive (and more beneficial than …
Persistent link: https://www.econbiz.de/10010469672
In the last decade, economists have produced a considerable body of research suggesting that the historical origin of a country's laws is highly correlated with a broad range of its legal rules and regulations, as well as with economic outcomes. We summarize this evidence and attempt a unified...
Persistent link: https://www.econbiz.de/10012759683