Showing 1 - 10 of 1,069
the colonies that became the US after, not before, slavery; that out of the "scandal of empire" in India emerged a "race …
Persistent link: https://www.econbiz.de/10013147216
historical economic development. A notion of culture as heuristics or rules-of-thumb that aid in decision making is described … institutions that in turn were key for long-term economic development …
Persistent link: https://www.econbiz.de/10013110238
of over 21,000 bilateral trade observations during the Age of High Imperialism, 1870-1913, to quantitatively assess the …
Persistent link: https://www.econbiz.de/10012759567
This paper documents that the Rise of (Western) Europe between 1500 and 1850 is largely accounted for by the growth of …. Atlantic trade and colonialism affected Europe both directly, and indirectly by inducing institutional changes. In particular …, thus enabling new merchants in these countries to benefit from Atlantic trade. Therefore, the Rise of Europe was largely …
Persistent link: https://www.econbiz.de/10013246977
We exploit the recent declassification of CIA documents and examine whether there is evidence of US power being used to … influence countries' decisions regarding international trade. We measure US influence using a newly constructed annual panel of … CIA interventions aimed at installing and supporting leaders during the Cold War. Our presumption is that the US had …
Persistent link: https://www.econbiz.de/10013143469
We exploit information on compulsory schooling reforms in 11 European countries, implemented mostly in the 1960s and 70s, to identify the impact of education on religious adherence and religious practices. Using micro data from the European Social Survey, conducted in various years between 2002...
Persistent link: https://www.econbiz.de/10013046157
Although we cannot conceive of processes of economic growth that do not involve institutional change, in this essay we outline some reasons why one should be cautious about grounding a theory of growth on institutions. We emphasize how very different institutional structures have often been...
Persistent link: https://www.econbiz.de/10013323986
. Results are presented for the U. S., Japan, and an aggregate called "Europe" consisting of eleven European economies. The … primary theme of the paper is that differences between Europe and the U. S. have been substantially exaggerated in recent work …. Europe has neither greater nominal wage flexibility nor more rigid real wages than the U. S. Evidence that the U. S. exhibits …
Persistent link: https://www.econbiz.de/10013244903
This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt capacities. We study a non stochastic CRS endogenous growth model where public expenditure is an input in the production process, in countries where distortions and limited...
Persistent link: https://www.econbiz.de/10012777949
enough however, the relative price of capital goods, an important component of the user cost of capital has never been …
Persistent link: https://www.econbiz.de/10013231239