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Institutions and Behavior : Experimental Evidence on the Effects of Democracy

Dal Bó, Pedro; Foster, Andrew D.; Putterman, Louis G. - 2021

A novel experiment is used to show that the effect of a policy on the level of cooperation is greater when it is chosen …

Persistent link: https://www.econbiz.de/10013235634

Can Market and Voting Institutions Generate Optimal Intergenerational Risk Sharing?

Rangel, Antonio; Zeckhauser, Richard - 2021

theory, could be corrected by government intervention. However, as long as government policy is determined by voting …

Persistent link: https://www.econbiz.de/10013221836

Political Selection and Persistence of Bad Governments

Acemoglu, Daron - 2010

. Perfect democracy, where current members of the government do not have an incumbency advantage or special powers, always leads … to the emergence of the most competent government. However, any deviation from perfect democracy destroys this result … least competent government can persist forever in office. Moreover, a greater degree of democracy may lead to worse …

Persistent link: https://www.econbiz.de/10013151384

Starting Small : Endogenous Stakes and Rational Cooperation

Andreoni, James - 2016

types can be exploited to enhance cooperation by structuring the twice-played prisoners' dilemma to “start small,” so that …

Persistent link: https://www.econbiz.de/10012999993

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

Roland, Gérard - 2017

Beliefs about whether effort pays off govern some of the most fundamental choices individuals make. This paper uses 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...

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

The Intergenerational Transmission of Human Capital : Evidence from the Golden Age of Upward Mobility

Card, David E. - 2018

We use 1940 Census data to study the intergenerational transmission of human capital for children born in the 1920s and educated during an era of expanding but unequally distributed public school resources. Looking at the gains in educational attainment between parents and children, we document...

Persistent link: https://www.econbiz.de/10012911476

Do Grandparents and Great-Grandparents Matter? Multigenerational Mobility in the Us, 1910-2013

Ferrie, Joseph P. - 2016

Studies of US intergenerational mobility focus almost exclusively on the transmission of (dis)advantage from parents to children. Until very recently, the influence of earlier generations could not be assessed even in long-running longitudinal studies such as the Panel Study of Income Dynamics...

Persistent link: https://www.econbiz.de/10012982039

Shocking Behavior : Random Wealth in Antebellum Georgia and Human Capital Across Generations

Bleakley, Hoyt - 2013

Does the lack of wealth constrain parents' investments in the human capital of their descendants? We conduct a fifty-year followup of an episode in which such constraints would have been plausibly relaxed by a random allocation of wealth to families. We track descendants of those eligible to win...

Persistent link: https://www.econbiz.de/10013077227

Disease, Downturns, and Wellbeing : Economic History and the Long-Run Impacts of Covid-19

Arthi, Vellore - 2020

potential long-run impact on individuals over decades and even generations. History, however, offers a solution. Historical …

Persistent link: https://www.econbiz.de/10012823387

Institutions and Contract Enforcement

Falk, Armin - 2010

We provide evidence on how two important types of institutions -- dismissal barriers, and bonus pay -- affect contract enforcement behavior in a market with incomplete contracts and repeated interactions. Dismissal barriers are shown to have a strong negative impact on worker performance, and...

Persistent link: https://www.econbiz.de/10012759359