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This paper is concerned with the determinants and consequences of intercontinental migration over the past four centuries. It begins with a review of the history of primarily trans-Atlantic migration to the New World during the period of Colonial settlement. The contract and coerced migration...
Persistent link: https://www.econbiz.de/10001701399
We consider redistributional taxation between people with and without human capital if education is endogenous and if individuals differ in their perceptions about own ability. Those who see their ability as low like redistributive taxation because of the transfers it generates. Those who see...
Persistent link: https://www.econbiz.de/10002592002
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We consider an economy with two language groups, where only agents who share a language can produce together. Schooling enhances the productivity of students and may modify their language endowment. Under a unilingual system, the language of the politically dominant group is the only language of...
Persistent link: https://www.econbiz.de/10002529485
We analyze the endogenous evolution of economic and political institutions and the interdependencies with the process of economic development. Favorable economic institutions ensure the appropriability of rents in form of a state of law. We study the conditions under which a state of law can be...
Persistent link: https://www.econbiz.de/10002543970
Public opinion influences politicians, and therefore influences public policy decisions. What are the roles of self-interest, knowledge, and ideology in public opinion formation? And how do people learn about economic issues? Using a new, specially-designed survey, we find that most respondents...
Persistent link: https://www.econbiz.de/10002429333
This paper presents a model allowing to analyze voting, welfare institutions and economic performance. We consider a political economy framework with three classes of agents: entrepreneurs, employed workers and unemployed workers. Agents vote on alternative institutional options: the degree of...
Persistent link: https://www.econbiz.de/10002485621
We study the efficiency and distributional consequences of establishing and abolishing the draft in a dynamic model with overlapping generations, taking into account endogenous human capital formation as well as government budget constraints. The introduction of the draft initially benefits the...
Persistent link: https://www.econbiz.de/10002747990