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The literature on happiness shows that there are many factors that influence a person s happiness. Extending previous studies, we investigate the role of the freedom of choice as a key contributing construct in influencing a person s happiness. We define two hypothetical sub-constructs for the...
Persistent link: https://www.econbiz.de/10014030761
Using cross-country data, we find evidence for a significant negative interaction effect between democracy and … inequality in determining the quality of growth-promoting institutions like rule of law. Democracy is associated with …
Persistent link: https://www.econbiz.de/10013316859
promotes the upward social mobility of females more than polygyny. We also show that polygyny is compatible with democracy …
Persistent link: https://www.econbiz.de/10013104965
The paper discusses how the Russian labor market has been evolving over two decades of the transition. It starts with tracing key labor market indicators such as employment, unemployment, labor force participation, working hours, and real wages. Their dynamics indicate that the labor market...
Persistent link: https://www.econbiz.de/10013038147
equilibrium theory with heterogeneous skills predicts a complementarity between trade and political regimes. Openness should …
Persistent link: https://www.econbiz.de/10013088332
Motivated by recent interest and initiatives taken by several governments and international organizations to come up with indicators of well-being to inform policy makers, we test if subjective well-being measures (SWB) can be employed to study voting behaviour. Controlling for financial and...
Persistent link: https://www.econbiz.de/10013046234
democracy. To address the potential endogeneity of economic growth, we use variation in precipitation, temperatures, and … reduces the short-run likelihood of institutional change toward democracy. Output contractions due to adverse weather shocks …
Persistent link: https://www.econbiz.de/10013146834
public schooling. We develop a theory which integrates private education and fertility decisions with voting on public … theory are consistent with state-level and micro data from the United States as well as cross-country evidence from the PISA …
Persistent link: https://www.econbiz.de/10013319556
democracy, subjects first earn their income by trading in a double auction market and thereafter vote on redistributive policies …
Persistent link: https://www.econbiz.de/10013134222
We introduce and study the problem of manipulation of choice behavior. In a class of two-stage models of decision making, with the agent's choices determined by three "psychological variables," we imagine that a subset of these variables can be selected by a "manipulator." To what extent does...
Persistent link: https://www.econbiz.de/10013121739