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Khan, B. Zorina - 2017

Scholars engage in extensive debate about the role of families and corporations in economic growth. Some propose that personal ties provide a mechanism for overcoming such transactions costs as asymmetrical information, while others regard familial connections as conduits for inefficiency, with...

Persistent link: https://www.econbiz.de/10012965431

The Geography of Crowdfunding

Agrawal, Ajay - 2014

Perhaps the most striking feature of "crowdfunding" is the broad geographic dispersion of investors in small, early-stage projects. This contrasts with existing theories that predict entrepreneurs and investors will be co-located due to distance-sensitive costs. We examine a crowdfunding setting...

Persistent link: https://www.econbiz.de/10013068501

Entrepreneurship and Urban Growth : An Empirical Assessment with Historical Mines

Glaeser, Edward L. - 2014

Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly with employment growth across and within metropolitan areas, but the endogeneity of these measures bedevils interpretation. Chinitz (1961) hypothesized that coal mines near...

Persistent link: https://www.econbiz.de/10013065603

Cities, Skills, and Regional Change

Glaeser, Edward L. - 2011

One approach to urban areas emphasizes the existence of certain immutable relationships, such as Zipf's or Gibrat's Law. An alternative view is that urban change reflects individual responses to changing tastes or technologies. This paper examines almost 200 years of regional change in the U.S....

Persistent link: https://www.econbiz.de/10013127422

Secular Stagnation : The Long View

Eichengreen, Barry - 2015

Four explanations for secular stagnation are distinguished: a rise in global saving, slow population growth that makes investment less attractive, averse trends in technology and productivity growth, and a decline in the relative price of investment goods. A long view from economic history is...

Persistent link: https://www.econbiz.de/10013030614

China's Lost Generation : Changes in Beliefs and Their Intergenerational Transmission

Roland, Gérard - 2017

China's Cultural Revolution to understand how these beliefs can be affected, how they impact behavior, and how they are … transmitted across generations. During the Cultural Revolution, China's college admission system based on entrance exams was …

Persistent link: https://www.econbiz.de/10012955452

Why Not Taxation and Representation? A Note on the American Revolution

Galiani, Sebastián - 2016

Why did the most prosperous colonies in the British Empire mount a rebellion? Even more puzzling, why didn't the British agree to have American representation in Parliament and quickly settle the dispute peacefully? At first glance, it would appear that a deal could have been reached to share...

Persistent link: https://www.econbiz.de/10012981617

The it Revolution and the Globalization of R&D

Branstetter, Lee - 2018

Since the 1990s, R&D has become less geographically concentrated, and has seen especially fast growth in emerging markets. One of the distinguishing features of the R&D globalization phenomenon is its concentration within the software/IT domain; the increase in foreign R&D has been largely...

Persistent link: https://www.econbiz.de/10012916620

The Labor Market Effects of the 1960s Riots

Collins, William J.; Margo, Robert A. - 2021

Between 1964 and 1971, hundreds of riots erupted in American cities, resulting in large numbers of injuries, deaths, and arrests, as well as in considerable property damage concentrated in predominantly black neighborhoods. There have been few studies of an econometric nature that examine the...

Persistent link: https://www.econbiz.de/10013221887

What Really Happened During the Glorious Revolution?

Pincus, Steven; Robinson, James Alan - 2011

The English Glorious Revolution of 1688-89 is one of the most famous instances of 'institutional' change in world … correct in arguing that the Glorious Revolution represented a critical change in institutions. In addition, and contrary to … than being an instance of a de jure 're-writing the rules', as North and Weingast argued, the Glorious Revolution was …

Persistent link: https://www.econbiz.de/10013122641