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We show that isolated capital cities are robustly associated with greater levels of corruption across US states, in line with the view that this isolation reduces accountability, and in contrast with the alternative hypothesis that it might forestall political capture. We then provide direct...
Persistent link: https://www.econbiz.de/10013082070
Motivated by a novel stylized fact - countries with isolated capital cities display worse quality of governance - we provide a framework of endogenous institutional choice based on the idea that elites are constrained by the threat of rebellion, and that this threat is rendered less effective by...
Persistent link: https://www.econbiz.de/10013082160
How integrated are labor markets within a country? Labor mobility is key to the integration of local labor markets and therefore to understanding the efficacy of policies to reduce regional inequality. We present a comprehensive framework for understanding migration decisions, focusing on the...
Persistent link: https://www.econbiz.de/10012994889
To analyze the effect of health on work, many studies use a simple self-assessed health measure based upon a question such as "do you have an impairment or health problem limiting the kind or amount of work you can do?" A possible drawback of such a measure is the possibility that different...
Persistent link: https://www.econbiz.de/10013151371
This paper was prepared for a session of the 2009 American Economic Association meeting devoted to examining the views of American economists about the euro and the European Economic and Monetary Union on the tenth anniversary of the euro. I had written an article in 1992 in the Economist and...
Persistent link: https://www.econbiz.de/10012757919
) to the EU and its 28 member states. It provides a powerful tool for unbiased environmental assessments in enterprises and … investment decisions. Contents Methodological Basics Data Research and Results Eco Factors for EU28 Target Groups Practitioners …
Persistent link: https://www.econbiz.de/10012692269
under imperfect monitoring, optimization of donor policy preferences, and ex-post evaluation of aid programs. The … Eurasia. EU development aid provided a set of reform incentives to post-Soviet planners. It created the grounds for the … Economics and Political Science, University of California, Berkeley. Aid in Transition: EU Development Cooperation with Russia …
Persistent link: https://www.econbiz.de/10012402221
The focus of this volume is on the development of new approaches for the market-conform valuation of newly issued derivatives. The first chapter presents a flexible approach to construct the binomial process of the underlying asset price by using a simultaneously backward and forward induction...
Persistent link: https://www.econbiz.de/10013520525
-Criteria Analysis for Policy Evaluation -- Conclusions …
Persistent link: https://www.econbiz.de/10013522814
This paper reviews the literature on culture and economics, focusing primarily on the epidemiological approach. The … effect of culture from the original economic and institutional environment. This approach has been used to study a variety of …
Persistent link: https://www.econbiz.de/10013139141