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One of the strongest stylized facts of the transition is also one of the most unexpected: after 1989 Central and Eastern European and Former Soviet Union countries diverged massively. Institutions are a main reason. The EU anchor thesis posits that the prospect of membership in the European...
Persistent link: https://www.econbiz.de/10012792626
Persistent link: https://www.econbiz.de/10001800137
The paper discusses how the Russian labor market has been evolving over two decades of the transition. It starts with tracing key labor market indicators such as employment, unemployment, labor force participation, working hours, and real wages. Their dynamics indicate that the labor market...
Persistent link: https://www.econbiz.de/10009235191
Along with political and economic changes, the fall of the socialist regimes in Central and Eastern Europe and the former Soviet Union brought about fundamental institutional reforms. Several studies have examined the causes of the increasing unhappiness which accompanied the transition process,...
Persistent link: https://www.econbiz.de/10011387030
The aim of this paper is to test a key aspect of Baumol's theory that the allocation of entrepreneurial efforts toward … of becoming selfemployed, and were more successful entrepreneurs. Our results confirm Baumol's theory in a setting that …
Persistent link: https://www.econbiz.de/10012550208
Exploiting a novel geo-referenced data set of population diversity across ethnic groups, this research advances the hypothesis and empirically establishes that variation in population diversity across human societies, as determined in the course of the exodus of humans from Africa tens of...
Persistent link: https://www.econbiz.de/10011670896
Formal or informal institutions have long been adopted by societies to protect against opportunistic behavior. However, we know very little about how these institutions are chosen and their impact on behavior. We experimentally investigate the demand for different levels of institutions that...
Persistent link: https://www.econbiz.de/10012226471
We examine the effects of randomly introduced economic inequality on voluntary co- operation and whether this relationship is influenced by the quality of local institutions, as proxied by corruption. We use representative data from a large-scale lab-in-the-field public goods experiment with...
Persistent link: https://www.econbiz.de/10012305896
Why do some societies fail to adopt more efficient political and economic institutions in response to changing economic conditions? And why do such conditions sometimes generate conservative ideological backlashes and, at other times, progressive social and political movements? We propose an...
Persistent link: https://www.econbiz.de/10011949432
may generate an ideological backlash that puts a higher premium on traditional values. We apply the theory to numerous …
Persistent link: https://www.econbiz.de/10011641551