Showing 1 - 10 of 225
Does the lack of peers contribute to the observed gender gap in entrepreneurial success, and is the constraint stronger for women facing more restrictive social norms? We offered two days of business counseling to a random sample of customers of India's largest women's bank. A random subsample...
Persistent link: https://www.econbiz.de/10013024498
Netherlands is much higher than in, for example, the US …
Persistent link: https://www.econbiz.de/10013123640
means to protect the economic interests of the once ruling elite. Under quot;democratic federalismquot; the constitution … creates an annual policy game where the new majority and the elite each control one policy instrument of importance to the … other. The game has a stable, stationary equilibrium that the elite may prefer to autocratic rule. We apply our analysis to …
Persistent link: https://www.econbiz.de/10012759609
We compare the trading performance of independent directors and other officers of the firm. We find that independent directors earn positive and substantial abnormal returns when they purchase their company stock, and that the difference with the same firm's officers is relatively small at most...
Persistent link: https://www.econbiz.de/10012760496
Over the last two centuries, many countries experienced regime transitions toward democracy. We document this democratic transition over a long time horizon. We use historical time series of income, education and democracy levels from 1870 to 2000 to explore the economic factors associated with...
Persistent link: https://www.econbiz.de/10013120286
We provide evidence that a history of democracy at the local level is associated with contemporary democracy at the national level. Auxiliary estimates show that a tradition of local democracy is also associated with attitudes that favor democracy, with better quality institutions, and higher...
Persistent link: https://www.econbiz.de/10013088393
suggesting that inequality tends to increase after democratization when the economy has already undergone significant structural …
Persistent link: https://www.econbiz.de/10013071520
Ethnic favoritism is seen as antithetical to development. This paper provides credible quantification of the extent of ethnic favoritism using data on road building in Kenyan districts across the 1963-2011 period. Guided by a model it then examines whether the transition in and out of democracy...
Persistent link: https://www.econbiz.de/10013076579
This paper examines to what extent agency rulemaking is democratic. It reviews theories of administrative rulemaking in light of two normative benchmarks: a “democratic” benchmark based on voter preferences, and a “republican” benchmark based on the preferences of elected...
Persistent link: https://www.econbiz.de/10013011085
major impact of web-based educational technologies will be the democratization of education: educational resources will be …
Persistent link: https://www.econbiz.de/10013057833