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In this paper, we argue that the effect of governance on the emergence of crimes of different levels of sophistication … improved governance. With further improvements in governance criminal activities decline. We find strong and consistent support … of theft from ships the pattern is quadratic: piracy first rises and then falls as governance improves. -- Piracy …
Persistent link: https://www.econbiz.de/10009267842
The estimation of the costs of conflict is currently receiving a lot of attention in the literature. This paper aims to give a thorough overview of the existing literature, first by addressing the history of case studies that address conflict costs and second by looking at the existing body of...
Persistent link: https://www.econbiz.de/10003898591
Using a gravity-type explanation of international trade flows at the industry level, it is shown that the pattern of comparative advantage in terms of sectoral export/import ratios in bilateral trade can be explained by relative income and relative per capita income. Total income of a country is...
Persistent link: https://www.econbiz.de/10011435012
policies and the growth equation derived from the model reveals strong support for the theory. In particular, we show via …
Persistent link: https://www.econbiz.de/10011437000
In this paper we develop a discrete model of optimal taxation of married couples and empirically discuss the optimality of income taxation for this group. To this end, we derive the social welfare function which guarantees that joint taxation of married couples is optimal. We will contrast this...
Persistent link: https://www.econbiz.de/10003779678
An adequate theory of happiness or subjective well-being (SWB) needs to link at least three sets of variables: stable … satisfaction. Using these data, the paper suggests a major revision to the set point or dynamic equilibrium theory of SWB in order … and Tellegen, 1996). Previously, theory focused on evidence that individuals have their own equilibrium level or set point …
Persistent link: https://www.econbiz.de/10003346302
social resources on the individual length of unemployment in Germany are analysed with data from the German Socio … to new additional findings. In West-Germany mobile persons and actors with internal control find a job more easily while … in East-Germany social capital has a positive influence on the probability of reemployment. …
Persistent link: https://www.econbiz.de/10011438269
unemployment in Germany, as well as several usually unobserved characteristics like personality traits, attitudes, expectations …
Persistent link: https://www.econbiz.de/10010400598
In a standard dynamic stochastic general equilibrium framework, with sticky prices, the cross sectional distribution of output and inflation across a population of firms is studied. The only form of heterogeneity is confined to the probability that the ith changes its prices in response to a...
Persistent link: https://www.econbiz.de/10003844356
Due to the complexity of employment protection legislation (EPL) in Germany, there is notable uncertainty about the …
Persistent link: https://www.econbiz.de/10003230706