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Rugged Entrepreneurs : The Geographic and Cultural Contours of New Business Formation
Barrios, John M.; Hochberg, Yael V.; Macciocchi, Daniele - National Bureau of Economic Research - 2021
How do geographic and historical-cultural factors shape new business formation? Using novel data on new business registrations, we document that 75% of the variation in new business formation is explained by time-invariant county-level factors and examine the extent to which such variation is...
Persistent link: https://www.econbiz.de/10012496160
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Culture, Institutions and Social Equilibria : A Framework
Acemoglu, Daron; Robinson, James A. - National Bureau of Economic Research - 2021
This paper proposes a new framework for studying the interplay between culture and institutions. We follow the recent sociology literature and interpret culture as a \repertoire", which allows rich cultural responses to changes in the environment and shifts in political power. Specifically, we...
Persistent link: https://www.econbiz.de/10012533381
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Frontier Culture : The Roots and Persistence of "Rugged Individualism" in the United States
Bazzi, Samuel - 2017
The presence of a westward-moving frontier of settlement shaped early U.S. history. In 1893, the historian Frederick Jackson Turner famously argued that the American frontier fostered individualism. We investigate the Frontier Thesis and identify its long-run implications for culture and...
Persistent link: https://www.econbiz.de/10012453717
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Movies
Michalopulos, Stelios; Rauh, Christopher - National Bureau of Economic Research - 2024
Why are certain movies more successful in some markets than others? Are the entertainment products we consume reflective of our core values and beliefs? These questions drive our investigation into the relationship between a society's oral tradition and the financial success of films. We combine...
Persistent link: https://www.econbiz.de/10014512074
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The Moral Values of "Rugged Individualism"
Bazzi, Samuel; Fiszbein, Martín; Garcia, Maximiliano - National Bureau of Economic Research - 2024
The United States is among the most individualistic societies in the world. However, unlike Western European individualism, which is imbued with moral universalism, America's "rugged individualism" is instead particularistic. We link this distinctive cultural configuration to the country's...
Persistent link: https://www.econbiz.de/10014544712
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Social Security Claiming Intentions : Psychological Ownership, Loss Aversion, and Information Displays
Shu, Suzanne B.; Payne, John W. - National Bureau of Economic Research - 2023
For many Americans the question of when to claim Social Security benefits is one of the most consequential financial decisions they will ever face. While acknowledging that individuals differ in terms of optimal timing for starting Social Security benefits, many economists argue that an average...
Persistent link: https://www.econbiz.de/10014322886
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Quantifying the Social Value of a Universal COVID-19 Vaccine and Incentivizing Its Development
Glennerster, Rachel; Kelly, Thomas; McMahon, Claire T.; … - National Bureau of Economic Research - 2024
A booster of the COVID-19 vaccine targeting the prevailing Omicron variant did not become available in the United States until a year after the variant was first detected. This pattern of developing, testing, and distributing a variant-specific booster may become the default response to further...
Persistent link: https://www.econbiz.de/10014468259
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Material Incentives and Effort Choice : Evidence from an Online Experiment Across Countries
Davies, Elwyn; Fafchamps, Marcel - National Bureau of Economic Research - 2022
We conduct an interactive online experiment framed as an employment contract between employer and worker. Subjects from the US, India, and Africa are matched in pairs within and, in some cases, across countries. Employers make a one-period offer to a worker who can either decline or choose a...
Persistent link: https://www.econbiz.de/10013362026
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How Do Copayment Coupons Affect Branded Drug Prices and Quantities Purchased?
Dafny, Leemore S.; Ho, Katherine; Kong, Edward - National Bureau of Economic Research - 2022
Drug copayment coupons to reduce patient cost-sharing have become nearly ubiquitous for high-priced brand …
Persistent link: https://www.econbiz.de/10012938704
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Quantifying Brand Loyalty : Evidence from the Cigarette Market
DeCicca, Philip; Kenkel, Donald Scott; Liu, Feng; … - National Bureau of Economic Research - 2021
Reservations. The regime change represents a unique opportunity to quantify brand loyalty because it almost doubled the price of … premium-brand cigarettes, while Native brands were still untaxed. We use data from two different sources--the New York State … three-quarters remained brand loyal …
Persistent link: https://www.econbiz.de/10012510568