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Long-term effects of equal sharing: evidence from inheritance rules for land
Bartels, Charlotte; Jäger, Simon; Obergruber, Natalie - 2020
What are the long-term economic effects of a more equal distribution of wealth? We exploit variation in historical inheritance rules for land in Germany. In some German areas, inherited land was to be shared or divided equally among children, while in others land was ruled to be indivisible....
Persistent link: https://www.econbiz.de/10012288516
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Do better schools lead to more growth? : cognitive skills, economic outcomes, and causation
Hanushek, Eric Alan; Woessmann, Ludger - 2009
We investigate whether a causal interpretation of the robust association between cognitive skills and economic growth is appropriate and whether cross-country evidence supports a case for the economic benefits of effective school policy. We develop a new common metric that allows tracking...
Persistent link: https://www.econbiz.de/10003920009
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Culture, institutions and the wealth of nations
Gorodnichenko, Yuriy; Roland, Gérard - 2010
effect between culture and institutions. -- culture ; institutions ; development ; growth …
Persistent link: https://www.econbiz.de/10009007836
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Birthplace diversity and economic prosperity
Alesina, Alberto; Harnoss, Johann; Rapoport, Hillel - 2013
positively to economic development (as measured by income and TFP per capita and patent intensity) even after controlling for …
Persistent link: https://www.econbiz.de/10009793124
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Engineers, innovative capacity and development in the Americas
Maloney, William F.; Caicedo, Felipe Valencia - 2014
Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...
Persistent link: https://www.econbiz.de/10010370094
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The agricultural origins of time preference
Galor, Oded; Özak, Ömer - 2014
This research explores the origins of the distribution of time preference across regions. It advances the hypothesis and establishes empirically, that geographical variations in natural land productivity and their impact on the return to agricultural investment have had a persistent effect on...
Persistent link: https://www.econbiz.de/10010403576
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Subjective well‐being and income : is there any evidence of satiation?
Stevenson, Betsey; Wolfers, Justin - 2013
Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...
Persistent link: https://www.econbiz.de/10009738762
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What accounts for the US ascendancy to economic superpower by the early 20th century : the morrill act - human capital hypothesis
Ehrlich, Isaac; Cook, Adam; Yin, Yong - 2018
Maddison's international panel data show that technically it was the faster growth rate of the US economy that led to its overtaking the UK as economic superpower. We explore the contributing factors. Identifying the land-grant colleges system triggered by the 1862/1890 Morrill Acts (MAs) as a...
Persistent link: https://www.econbiz.de/10011880789
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The inequality-growth plateau
Henderson, Daniel J.; Qian, Junhui; Wang, Le - 2015
We examine the (potentially nonlinear) relationship between inequality and growth using a method which does not require … used (nonlinear) parametric approaches - the economy first expands rapidly with a large decline in inequality, plateaus … when inequality remains relatively stable, and then decreases rapidly with a large increase in inequality. This novel …
Persistent link: https://www.econbiz.de/10010469680
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Informality and long-run growth
Docquier, Frédéric; Müller, Tobias; Naval, Joaquín - 2014
quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor … path. Hence, we examine the effectiveness of different development policies to exit the poverty trap. Our numerical …
Persistent link: https://www.econbiz.de/10010230511