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Isolated Capital Cities, Accountability and Corruption : Evidence from Us States

Campante, Filipe R. - 2013

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

Isolated Capital Cities and Misgovernance : Theory and Evidence

Campante, Filipe R. - 2013

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

Paving the Way to Development : Costly Migration and Labor Market Integration

Morten, Melanie - 2016

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

The sovereign-bank rating channel and rating agencies' downgrades during the European debt crisis

Alsakka, Rasha; Ap Gwilym, Owain; Tuyet Nhung Vu - In: Journal of international money and finance 49 (2014), pp. 235-257

Persistent link: https://www.econbiz.de/10010465018

Work Disability, Work, and Justification Bias in Europe and the U.S

Kapteyn, Arie - 2010

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

Reflections on Americans' Views of the Euro Ex Ante

Feldstein, Martin S. - 2010

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

Does Culture Matter?

Fernández, Raquel - 2010

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

How Deep are the Roots of Economic Development?

Spolaore, Enrico - 2012

The empirical literature on economic growth and development has moved from the study of proximate determinants to the analysis of ever deeper, more fundamental factors, rooted in long-term history. A growing body of new empirical work focuses on the measurement and estimation of the effects of...

Persistent link: https://www.econbiz.de/10013105459

Culture, Institutions and the Wealth of Nations

Gorodnichenko, Yuriy - 2014

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 … collectivism, in line with recent advances in biology and neuro-science. The effect of culture on long-run growth remains very …

Persistent link: https://www.econbiz.de/10013069257

Culture and Institutions

Alesina, Alberto F. - 2013

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 … between culture and institutions …

Persistent link: https://www.econbiz.de/10013071464

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