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Culture, Institutions and the Wealth of Nations
Gorodnichenko, Yuriy - 2010
We construct an endogenous growth model that includes a cultural variable along the dimension of individualism … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …
Persistent link: https://www.econbiz.de/10013137795
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Do Middle Classes Bring Institutional Reforms?
Loayza, Norman - 2012
We revisit the link between poverty, the middle class and institutional outcomes using a newly developed cross-country panel dataset containing detailed information on the distribution of income and expenditures. When the size of the middle class increases (measured as the proportion of people...
Persistent link: https://www.econbiz.de/10013108216
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Subjective Well‐Being and Income : Is There Any Evidence of Satiation?
Stevenson, Betsey - 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/10013082755
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Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation
Hanushek, Eric A. - 2009
We investigate whether a causal interpretation of the robust association between cognitive skills and economic growth …-country distribution. Extensive sensitivity analyses of cross-country growth regressions generate remarkably stable results across … specifications, time periods, and country samples. In addressing causality, we find, first, significant growth effects of cognitive …
Persistent link: https://www.econbiz.de/10013153507
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Long-Term Effects of Equal Sharing : Evidence from Inheritance Rules for Land
Bartels, Charlotte - 2020
division of land led to a more equal distribution of land; other potential drivers of growth are smooth at the boundary and …
Persistent link: https://www.econbiz.de/10012823850
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Family Economics Writ Large
Greenwood, Jeremy - 2016
Powerful currents have reshaped the structure of families over the last century. There has been (i) a dramatic drop in fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a decline in marriage and a rise in divorce; (iv) a higher...
Persistent link: https://www.econbiz.de/10012978951
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Engineers, Innovative Capacity and Development in the Americas
Maloney, William F. - 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/10013051452
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Crime and Establishment Size : Evidence from South America
Oguzoglu, Umut - 2015
Establishment exposure to crime is a frequent occurrence and a major obstacle to business operation in developing economies. We present a simple theory for the frequency and severity of crime across establishment size that is validated against the data in South America. We find that high...
Persistent link: https://www.econbiz.de/10013016285
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The Agricultural Origins of Time Preference
Galor, Oded - 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/10013046684
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Birthplace Diversity and Economic Prosperity
Alesina, Alberto F. - 2013
We use recent immigration data from 195 countries and propose an index of population diversity based on people's birthplaces. This new index is then decomposed into a size (share of foreign born) and a variety (diversity of immigrants) component and is available for 1990 and 2000 disaggregated...
Persistent link: https://www.econbiz.de/10013076803