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We discuss and review literature on the macroeconomic effects of epidemics and pandemics since the late 20th century. First, we cover the role of health in driving economic growth and well-being and discuss standard frameworks for assessing the economic burden of infectious diseases. Second, we...
Persistent link: https://www.econbiz.de/10012271478
We investigate the welfare implications of two pre-crisis immigration waves (1991-2000 and 2001-2010) and of the post … across countries and across skill groups. In relative terms, the post-crisis wave induces smaller welfare gains compared to …
Persistent link: https://www.econbiz.de/10011874688
correlates positively with adherence to protective behaviors. Liberal political ideology predicts higher levels of protective … behavior than conservative ideology, independently of the differences in prosociality across the two groups. Differences …
Persistent link: https://www.econbiz.de/10012805879
There exists a long-standing debate about the influence of ideology in economics. Surprisingly, however, there is no …
Persistent link: https://www.econbiz.de/10012133338
Why do some societies fail to adopt more efficient institutions in response to changing economic conditions? And why do such conditions sometimes generate ideological backlashes and at other times lead to transformative sociopolitical movements? We propose an explanation that highlights the...
Persistent link: https://www.econbiz.de/10011641551
We propose a novel structural method to empirically identify economies of scale in household consumption. We assume collective households with consumption technologies that define the public and private nature of expenditures through Barten scales. Our method recovers the technology by solely...
Persistent link: https://www.econbiz.de/10011543531
When comparing economic well-being using income or expenditures, an equivalence scale is often used to adjust for differences in characteristics that affect needs. For example, a family of two is assumed to need more income than a single person, but not twice as much due to the economies of...
Persistent link: https://www.econbiz.de/10012213964
remain obstinately blind to them, embracing a statist ideology and voting for an excessively large government. Conversely, an …-faire ideology and blind faith in the invisible hand. With public-sector capital, this interplay of beliefs and institutions leads to … dissenting views, even when ex-post everyone would prefer to ignore unwelcome news. -- Ideology ; statism ; laissez …
Persistent link: https://www.econbiz.de/10003684460
A substantial body of research suggests that economists are less generous than other professionals and that economics students are less generous than other students. We address this question using administrative data on donations to social programs by students at the University of Washington....
Persistent link: https://www.econbiz.de/10003925572
The existing literature on the determinants of terrorism treats terror as a uniform phenomenon and does not distinguish between different types of terror. This paper explicitly addresses the heterogeneity of terror by classifying groups according to their ideologies. We show that the pattern of...
Persistent link: https://www.econbiz.de/10009548192