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Heckman, James J. (contributor); … - 2004

This paper argues that skill formation is a life-cycle process and develops the implications of this insight for Scottish social policy. Families are major producers of skills, and a successful policy needs to promote effective families and to supplement failing ones. We present evidence that...

Persistent link: https://www.econbiz.de/10002540578

The costs of favoritism : is politically-driven aid less effective?

Dreher, Axel; Klasen, Stephan; Vreeland, James Raymond; … - 2010

World Bank projects and generally find that projects that are potentially politically motivated – such as those granted to … governments holding a non-permanent seat on the United Nations Security Council or an Executive Directorship at the World Bank … Council members with higher short-term debt, however, a negative quality rating is more likely. So we find evidence that World …

Persistent link: https://www.econbiz.de/10003942325

Size matters : entrepreneurial entry and government

Aidis, Ruta; Estrin, Saul; Mickiewicz, Tomasz - 2010

We explore the country-specific institutional characteristics likely to influence an individual's decision to become an entrepreneur. We focus on the size of the government, on freedom from corruption, and on 'market freedom' defined as a cluster of variables related to protection of property...

Persistent link: https://www.econbiz.de/10008668035

Shadow economy and entrepreneurial entry

Estrin, Saul; Mickiewicz, Tomasz - 2010

We analyze theoretically and empirically the impact of the shadow economy on entrepreneurial entry, utilising 1998-2005 individual-level Global Entrepreneurship Monitor data merged with macro level variables. A simple correlation coefficient suggests a positive linear link between the size of...

Persistent link: https://www.econbiz.de/10008689039

The impact of aid on growth revisited : do donor motives matter?

Kilby, Christopher; Dreher, Axel - 2009

The typical identification strategy in aid effectiveness studies assumes donor motives do not influence the impact of aid on growth. We call this homogeneity assumption into question, first constructing a model in which donor motives matter and then testing the assumption empirically. -- Aid ;...

Persistent link: https://www.econbiz.de/10003832281

For benevolence and for self-interest : social and commercial entrepreneurial activity across nations

Estrin, Saul; Mickiewicz, Tomasz; Stephan, Ute - 2011

entrepreneurship. Unlike institutional void theory, we see social entrepreneurship as conditional on institutional quality, but … ; institutional theory ; resources ; socio-cognitive theory …

Persistent link: https://www.econbiz.de/10009308825

Foreign direct investment and domestic entrepreneurship : blessing or curse?

Danakol, Seçil Hülya; Estrin, Saul; Reynolds, Paul … - 2013

including both developed and developing economies, 2000‐2009. The theory yields ambiguous predictions about the relationship …

Persistent link: https://www.econbiz.de/10010224595

Corruption and the shadow economy : an empirical analysis

Dreher, Axel (contributor); Schneider, Friedrich (contributor) - 2006

This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption and shadow economy are substitutes in high income countries while they are complements in low income countries. The hypotheses are tested for a cross-section of 120 countries and...

Persistent link: https://www.econbiz.de/10003332206

Precious metal prices : a tale of four U.S. recessions

Agnese, Pablo; Garcia-del-Barrio, Pedro; Gil-Alaña, Luis A. - 2023

This paper empirically examines the degree of persistence in four precious metal prices (i.e., gold, palladium, platinum, and silver) during the last four U.S. recessions. Unit root tests and fractional integration techniques suggest that gold still is the most prominent safe haven asset within...

Persistent link: https://www.econbiz.de/10014246740

The performance of performance standards

Heckman, James J.; Heinrich, Carolyn J.; Smith, Jeffrey A. - 2002

This paper examines the performance of the JTPA performance system, a widely emulated model for inducing efficiency in government organizations. We present a model of how performance incentives may distort bureaucratic decisions. We define cream skimming within the model. Two major empirical...

Persistent link: https://www.econbiz.de/10011412037