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The Costs of Favoritism : Is Politically-Driven Aid Less Effective?
Dreher, Axel - 2010
World Bank projects and generally find that projects that are potentially politically motivated – such as those granted to … governments holding a non-permanent seat on the United Nations Security Council or an Executive Directorship at the World Bank … Council members with higher short-term debt, however, a negative quality rating is more likely. So we find evidence that World …
Persistent link: https://www.econbiz.de/10013146478
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The Spread of Anti-Trafficking Policies : Evidence from a New Index
Cho, Seo-Young - 2011
We analyze the spread of policies dealing with international trafficking in human beings. Arguing that countries are unlikely to make independent choices, we identify pressure, externalities and learning or emulation as plausible diffusion mechanisms for spatial dependence in anti-trafficking...
Persistent link: https://www.econbiz.de/10013128229
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Business Conditions and Default Risks Across Countries
Pflüger, Michael - 2011
The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embedment and the default risk at the country level from a theoretical point of view. Our main...
Persistent link: https://www.econbiz.de/10013128748
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Emigration and Democracy
Docquier, Frédéric - 2011
Migration is an important and yet neglected determinant of institutions. The paper documents the channels through which emigration affects home country institutions and considers dynamic-panel regressions for a large sample of developing countries. We find that emigration and human capital both...
Persistent link: https://www.econbiz.de/10013129925
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Which Institutions Encourage Entrepreneurs to Create Larger Firms?
Estrin, Saul - 2011
We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across individuals and institutional contexts. Our framework generates hypotheses about the negative impact of higher levels of corruption, weaker property rights and especially...
Persistent link: https://www.econbiz.de/10013129940
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Globalization and Strategic Research Investments
Bohnstedt, Anna - 2011
We develop a general equilibrium model of international trade with heterogeneous firms, where countries can invest into basic research to improve their technological potential. These research investments tighten firm selection and raise the average productivity of firms in the market, thereby...
Persistent link: https://www.econbiz.de/10013131927
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Emotional Prosperity and the Stiglitz Commission
Oswald, Andrew J. - 2011
This paper argues, in line with the proposals of the recent Stiglitz Commission on the Measurement of Economic Performance and Social Progress, that we should now be measuring a nation's emotional prosperity rather than its economic prosperity (that is, we ought to focus on the level of mental...
Persistent link: https://www.econbiz.de/10013131980
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Subjective Well-Being, Income, Economic Development and Growth
Sacks, Daniel W. - 2011
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is …
Persistent link: https://www.econbiz.de/10013132818
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Do Natural Disasters Affect Human Capital? An Assessment Based on Existing Empirical Evidence
Baez, Javier - 2011
The last few years have seen a notable increase in the number of studies investigating the causes and effects of natural disasters in many dimensions. This paper seeks to review and assess available empirical evidence on the ex-post microeconomic effects of natural disasters on the accumulation...
Persistent link: https://www.econbiz.de/10013132978
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Perceptions, Expectations, and Entrepreneurship : The Role of Extreme Events
Brück, Tilman - 2010
We provide, for the first time, comparative evidence of the impact of various types of extreme events – natural disasters, terrorism, and violent conflicts – on the perceptions of entrepreneurs concerning some key entrepreneurial issues – such as fear of failure in starting a business...
Persistent link: https://www.econbiz.de/10013135192