Similar Search Results

Risk-sharing or risk-taking? : counterparty risk, incentives and margins

Biais, Bruno; Heider, Florian; Hoerova, Marie - 2012

Persistent link: https://www.econbiz.de/10009765248

Understanding the Ownership Structure of Corporate Bonds

Koijen, Ralph S. J.; Yogo, Motohiro - National Bureau of Economic Research - 2022

Insurers are the largest institutional investors of corporate bonds. However, a standard theory of insurance markets …

Persistent link: https://www.econbiz.de/10012814454

Wealth and Insurance Choices : Evidence from US Households

Gropper, Michael J.; Kuhnen, Camelia M. - National Bureau of Economic Research - 2021

Theoretically, wealthier people should buy less insurance, and should self-insure through saving instead, as insurance … wealthier have better life and property insurance coverage. Wealth-related differences in background risk, legal risk, liquidity … constraints, financial literacy, and pricing explain only a small fraction of the positive wealth-insurance correlation. This …

Persistent link: https://www.econbiz.de/10012599359

History, gravity and international finance

Chiţu, Livia; Eichengreen, Barry; Mehl, Arnaud - 2012

Persistent link: https://www.econbiz.de/10009765142

The Impact of Violence during the Mexican Revolution on Migration to the United States

Escamilla-Guerrero, David; Kosack, Edward; Ward, Zachary - National Bureau of Economic Research - 2023

-1917), one of the deadliest conflicts in world history. We find that, on average, insurgency events led to a large increase in …

Persistent link: https://www.econbiz.de/10014337765

Market Access and Migration : Evidence from the Panama Canal Opening during the First Great Migration

Galiani, Sebastián; Jaramillo, Luis F.; Uribe-Castro, Mateo - National Bureau of Economic Research - 2023

This paper examines the influence of transportation infrastructure on migration decisions in the context of the Great Migration in the United States. Focusing on the opening of the Panama Canal in 1920, we isolate the effect of improved economic opportunities from reduced migration costs. Using...

Persistent link: https://www.econbiz.de/10014337785

Roots of Inequality

Galor, Oded; Klemp, Marc P. B.; Wainstock, Daniel C. - National Bureau of Economic Research - 2023

Why does inequality vary across societies? We advance the hypothesis that in a market economy, where earning differentials reflect variations in productive traits, a significant component of the differences in income inequality across societies can be attributed to variation in societal...

Persistent link: https://www.econbiz.de/10014337813

State Capacity as an Organizational Problem : Evidence from the Growth of the U.S. State Over 100 Years

Mastrorocco, Nicola; Teso, Edoardo - National Bureau of Economic Research - 2023

We study how the organization of the state evolves over the process of development of a nation, using a new dataset on the internal organization of the U.S. federal bureaucracy over 1817-1905. First, we show a series of facts, describing how the size of the state, its presence across the...

Persistent link: https://www.econbiz.de/10014337824

Who (Actually) Gets the Farm? Intergenerational Farm Succession in the United States

Haws, Adrian; Just, David; Price, Joseph - National Bureau of Economic Research - 2023

We link census records for millions of farm children to identify owner-operators of the family farm in adulthood, providing the first population-level evidence on intergenerational farm transfers. Using our panel of U.S. census data from 1900 to 1940, our analysis supports the primogeniture...

Persistent link: https://www.econbiz.de/10014337837

Family Trees and Falling Apples : Historical Intergenerational Mobility Estimates for Women and Men

Buckles, Kasey S.; Price, Joseph; Ward, Zachary; … - National Bureau of Economic Research - 2023

Efforts to document long-term trends in socioeconomic mobility in the United States have been hindered by the lack of large, representative datasets that include information linking parents to their adult children. This problem has been especially acute for women, who are more difficult to link...

Persistent link: https://www.econbiz.de/10014437049

1
2
3
4
5
6
7
8
9
10
Next
Last