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Clans, Guilds, and Markets : Apprenticeship Institutions and Growth in the Pre-Industrial Economy

de la Croix, David - 2016

In the centuries leading up to the Industrial Revolution, Western Europe gradually pulled ahead of other world regions … learn as apprentices from the old. Institutions such as the family, the clan, the guild, and the market organize who learns … explain the rise of Europe relative to regions that relied on the transmission of knowledge within extended families or clans …

Persistent link: https://www.econbiz.de/10012456543

Labor Supply Shocks and Capital Accumulation : The Short and Long Run Effects of the Refugee Crisis in Europe

Caliendo, Lorenzo; Opromolla, Luca David; Parro, Fernando; … - National Bureau of Economic Research - 2023

, and endogenous capital accumulation. We find that real GDP increases in Europe in the long term, with large distributional …

Persistent link: https://www.econbiz.de/10013537773

Social Capital

Durlauf, Steven N. - 2004

, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of …

Persistent link: https://www.econbiz.de/10012468208

Social Capital and Labor Market Networks

Asquith, Brian J. - 2017

We explore the links between social capital and labor market networks at the neighborhood level. We harness rich data taken from multiple sources, including matched employer-employee data with which we measure the strength of labor market networks, data on behavior such as voting patterns that...

Persistent link: https://www.econbiz.de/10012453755

Social Capital and Prosocial Behaviour as Sources of Well-Being

Helliwell, John F. - 2017

This paper surveys evidence documenting positive linkages among social capital, prosocial behaviour, and subjective well-being. Whether in the workplace, at home, in the community, or among nations, better and deeper social connections, and especially higher levels of trust are linked to higher...

Persistent link: https://www.econbiz.de/10012453950

Fighting Communism Supporting Collusion

Galiani, Sebastián; Paz y Miño, José Manuel; … - National Bureau of Economic Research - 2022

We develop a simple model to explain why a powerful importer country like the United States may provide political support for international collusive agreements concerning certain commodities (e.g., coffee). This behavior raises questions due to the fact that an importer country should have...

Persistent link: https://www.econbiz.de/10013334385

Dynamics of Information Exchange in Endogenous Social Networks

Acemoglu, Daron - 2010

We develop a model of information exchange through communication and investigate its implications for information aggregation in large societies. An underlying state determines payoffs from different actions. Agents decide which others to form a costly communication link with incurring the...

Persistent link: https://www.econbiz.de/10012462246

Collusion through Common Leadership

Herrera-Caicedo, Alejandro; Jeffers, Jessica; Prager, Elena - National Bureau of Economic Research - 2025

This paper studies whether common leadership, defined as two firms sharing executives or board directors, contributes to collusion. Using an explicit measure of labor market collusion from unsealed court evidence, we find that the probability of collusion between two firms increases by 12...

Persistent link: https://www.econbiz.de/10015409899

Hobbesian Wars and Separation of Powers

Li, Weijia; Roland, Gérard; Xie, Yang - National Bureau of Economic Research - 2023

This paper formalizes the principle that persecution power of government may generate violent contests over it. We show that this principle yields a large set of theoretical insights on different separation-of-powers institutions that can help to preempt such contests under different...

Persistent link: https://www.econbiz.de/10014226142

Cutting Out the Middleman : The Structure of Chains of Intermediation

Grant, Matthew; Startz, Meredith L. - National Bureau of Economic Research - 2022

Distribution of goods often involves multiple intermediaries engaged in sequential buying and reselling. Why do these chains of intermediation exist, and what are their implications for consumers? We show that multi-intermediary chains arise in response to internal economies of scale in trade...

Persistent link: https://www.econbiz.de/10013334328