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Lost Decades : Lessons from Post-Independence Latin America for Today's Africa

Bates, Robert - 2007

Africa and Latin America secured their independence from European colonial rule a century and half apart: most of Latin America after 1820 and most of Africa after 1960. Despite the distance in time and space, they share important similarities. In each case independence was followed by political...

Persistent link: https://www.econbiz.de/10012778235

Rugged Individualism and Collective (In)Action During the COVID-19 Pandemic

Bazzi, Samuel - 2020

Rugged individualism—the combination of individualism and anti-statism—is a prominent feature of American culture with deep roots in the country's history of frontier settlement. Today, rugged individualism is more prevalent in counties with greater total frontier experience (TFE) during the...

Persistent link: https://www.econbiz.de/10012823758

Voluntary Associations, Corporate Rights, and the State : Legal Constraints on the Development of American Civil Society, 1750-1900

Bloch, Ruth H. - 2015

The freedom of citizens to form voluntary associations has long been viewed as an essential ingredient of modern civil … society. Our chapter revises the standard Tocquevillian account of associational freedom in the early United States by …

Persistent link: https://www.econbiz.de/10013022925

The Guarantees of Freedom

La Porta, Rafael; Lopez de Silanes, Florencio; … - 2021

Hayek (1960) distinguishes the institutions of English freedom, which guarantee the independence of judges from … political interference in the administration of justice, from those of American freedom, which allow judges to restrain law … reflect these institutions of English and American freedom, and ask whether these rules predict economic and political freedom …

Persistent link: https://www.econbiz.de/10013224310

Manumission in Nineteenth Century Virginia

Bodenhorn, Howard - 2010

A long-standing debate concerns the rationality of slave owners and this paper addresses that debate within the context of manumission. Using a new sample of 19th-century Virginia manumissions, I show that manumission was associated with the productive characteristics of slaves. More productive...

Persistent link: https://www.econbiz.de/10013148375

Poverty, Political Freedom, and the Roots of Terrorism

Abadie, Alberto - 2021

-specific characteristics such as the level of political freedom are taken into account. Political freedom is shown to explain terrorism, but it … does so in a non-monotonic way: countries in some intermediate range of political freedom are shown to be more prone to … terrorism than countries with high levels of political freedom or countries with highly authoritarian regimes. This result …

Persistent link: https://www.econbiz.de/10013243972

Inheritances and the Distribution of Wealth or Whatever Happened to the Great Inheritance Boom? Results from the Scf and Psid

Wolff, Edward N. - 2011

Using data from both the Survey of Consumer Finances (SCF) and the Panel Study of Income Dynamics (PSID), we found that on average over the period from 1984 to 2007, about one fifth of American households at a given point of time received a wealth transfer and these accounted for about a quarter...

Persistent link: https://www.econbiz.de/10013129119

Taxation of Intergenerational Transfers and Wealth

Kopczuk, Wojciech - 2012

In this chapter, I review empirical and theoretical literature on taxation of intergenerational transfers (estates, bequests, inheritances, inter vivos gifts) and wealth. The main message may be summarized as follows. Empirical evidence on bequest motivations and responses to estate taxation is...

Persistent link: https://www.econbiz.de/10013097266

Optimal Financial Knowledge and Wealth Inequality

Lusardi, Annamaria - 2013

While financial knowledge is strongly positively related to household wealth, there is also considerable cross-sectional variation in both financial knowledge and net asset levels. To explore these patterns, we develop a calibrated stochastic life cycle model featuring endogenous financial...

Persistent link: https://www.econbiz.de/10013089021

The Asset Price Meltdown and the Wealth of the Middle Class

Wolff, Edward N. - 2014

I find that median wealth plummeted over the years 2007 to 2010, and by 2010 was at its lowest level since 1969. The inequality of net worth, after almost two decades of little movement, was up sharply from 2007 to 2010. Relative indebtedness continued to expand from 2007 to 2010, particularly...

Persistent link: https://www.econbiz.de/10013065019

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