Narrow search
Showing 1 - 10 of 326
Cover Image
Regulation and Distrust
Aghion, Philippe - 2009
In a cross-section of countries, government regulation is strongly negatively correlated with social capital. We … document this correlation, and present a model explaining it. In the model, distrust creates public demand for regulation …, while regulation in turn discourages social capital accumulation, leading to multiple equilibria. A key implication of the …
Persistent link: https://www.econbiz.de/10012464001
Cover Image
Democracy and Development : The Devil in the Details
Persson, Torsten - 2006
Does democracy promote economic development? We review recent attempts to address this question, which exploit the within-country variation associated with historical transitions in and out of democracy. The answer is positive, but depends -- in a subtle way -- on the details of democratic...
Persistent link: https://www.econbiz.de/10012466677
Cover Image
Cigarette Excise Taxation : The Impact of Tax Structure on Prices, Revenues, and Cigarette Smoking
Chaloupka, Frank J, IV. - 2010
The main purpose of this study is to provide empirical evidence on the effects of the cigarette excise tax structure on three outcomes: cigarette prices, government revenues, and cigarette consumption. We composed cross-sectional time-series data for 21 EU countries from year 1998 to 2007 from...
Persistent link: https://www.econbiz.de/10012462370
Cover Image
Detecting Illegal Arms Trade
DellaVigna, Stefano - 2007
Illegal arms are responsible for thousands of deaths in civil wars every year. Yet, their trade is very hard to detect. We propose a method to statistically detect illegal arms trade based on the investor knowledge embedded in financial markets. We focus on eight countries under UN arms embargo...
Persistent link: https://www.econbiz.de/10012465297
Cover Image
Peronist Beliefs and Interventionist Policies
Tella, Rafael Di - 2010
We study the logic of Peronist interventionist polices and the beliefs that support them. Instead of a comprehensive approach, we focus on three elements. First, we study beliefs and values about the economic system present in Peron's speeches during the period 1943-55. Second, we study survey...
Persistent link: https://www.econbiz.de/10012462036
Cover Image
Never Waste a Good Crisis : An Historical Perspective on Comparative Corporate Governance
Morck, Randall - 2009
Different economies at different times use different institutional arrangements to constrain the people entrusted with allocating the economy's capital and other resources. Comparative financial histories show these corporate governance regimes to be largely stable through time, but capable of...
Persistent link: https://www.econbiz.de/10012463607
Cover Image
Vertical Integration, Institutional Determinants and Impact : Evidence from China
Fan, Joseph P.H. - 2009
Where legal systems and market forces enforce contracts inadequately, vertical integration can circumvent these transaction difficulties. But, such environments often also feature highly interventionist government, and even corruption. Vertical integration might then enhance returns to political...
Persistent link: https://www.econbiz.de/10012463999
Cover Image
Explaining International Differences in Entrepreneurship : The Role of Individual Characteristics and Regulatory Constraints
Ardagna, Silvia - 2008
-assessed skills, and attitudes toward risk. Moreover, we find that regulation plays a critical role, particularly for those … regulation are those measuring working status, social network, business skills, and attitudes toward risk …
Persistent link: https://www.econbiz.de/10012464634
Cover Image
The Economic Consequences of Legal Origins
Porta, Rafael La - 2007
In the last decade, economists have produced a considerable body of research suggesting that the historical origin of a country's laws is highly correlated with a broad range of its legal rules and regulations, as well as with economic outcomes. We summarize this evidence and attempt a unified...
Persistent link: https://www.econbiz.de/10012465031
Cover Image
Why Doesn't Capitalism Flow to Poor Countries?
Tella, Rafael Di - 2007
We find anecdotal evidence suggesting that governments in poor countries have a more left wing rhetoric than those in OECD countries. Thus, it appears that capitalist rhetoric doesn't flow to poor countries. A possible explanation is that corruption, which is more widespread in poor countries,...
Persistent link: https://www.econbiz.de/10012465489