Showing 1 - 10 of 392
A growing body of empirical work measuring different types of cultural traits has shown that culture matters for a variety of economic outcomes. This paper focuses on one specific aspect of the relevance of culture: its relationship to institutions. We review work with a theoretical, empirical,...
Persistent link: https://www.econbiz.de/10013016238
Two very different approaches are used to explore the relation between market orientation and gender wage differentials in international data. More market orientation might be related to gender wage gaps via its effects on competition in product and labor markets and the general absence of...
Persistent link: https://www.econbiz.de/10013316922
We study the determinants of 19th century mass migration with special attention to the role of institutional factors beside standard economic fundamentals. We find that economic forces associated with income and demographic differentials had a major role in the determination of this historical...
Persistent link: https://www.econbiz.de/10013317290
We argue in favour of the shareholder model of the firm for three main reasons. First, serving multiple stakeholders leads to ill-defined property rights. What sounds like a fair compromise between stakeholders can easily evolve in a permanent struggle between the stakeholders about the ultimate...
Persistent link: https://www.econbiz.de/10013325047
harmful to inequality. We investigate if this relationship is equally compelling for developing countries in Asia where … corruption, inequality and shadow economies are considerably large. We use Panel Least Square and Fixed Effects Models for Asia … economies in South Asia, the income inequality tends to fall …
Persistent link: https://www.econbiz.de/10013088661
growth rates for the key emerging markets and other developing economies in Asia. China has by far the lowest share of …-investment balances. China accounts for just under half of GDP in Asia ex-Japan, but accounts for 60 percent of total gross national … private consumption to GDP in Asia and, during this decade, has recorded the lowest rate of employment growth relative to GDP …
Persistent link: https://www.econbiz.de/10013158044
This study empirically examines the fragility of five major Asian economies (China, Hong Kong, India, Japan, and South … asymmetric effect on macro variables of China, Hong Kong, and South Korea during the quantitative easing period (QE) and the …
Persistent link: https://www.econbiz.de/10012833241
Detecting racial discrimination using observational data is challenging because of the presence of unobservables that may be correlated with race. Using data made public in the SFFA v. Harvard case, we estimate discrimination in a setting where this concern is mitigated. Namely, we show that...
Persistent link: https://www.econbiz.de/10012835875
This paper analyzes a panel of 18 European countries spanning from 1950 to 2003 to examine the extent to which the legal reforms leading to easier divorce that took place during the second half of the 20th century have contributed to the increase in divorce rates across Europe. We use a...
Persistent link: https://www.econbiz.de/10012780480
America – specifically South America and Mexico (SAM) – and East Asia, over the 32 years preceding the Great Recession (1976 … (closest) North; ii) the East Asia – SAM education gap's impact equals that of trade plus governance; iii) an increase in SAM …'s ETG to East Asia's level raises TFP by over 100 percent and fully accounts for its TFP gap with East Asia; and iv) South …
Persistent link: https://www.econbiz.de/10012952607