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conclusion has implications for the study of institutions, economics, and religion throughout history and in the developing world …When the mortality rate is high, repeated interaction alone may not sustain cooperation, and religion may play an … populations and the church promoted the doctrine of purgatory, guilds that bundled together religious and occupational activities …
Persistent link: https://www.econbiz.de/10012464643
variety of datasets to show that when a state repeals its blue laws religious attendance falls, and that church donations and …
Persistent link: https://www.econbiz.de/10012466255
The Catholic Church has been making saints for centuries, typically in a two-stage process featuring beatification and … canonization. We analyze determinants of rates of beatification and canonization (for non-martyrs) over time and across six world … naming of blessed persons seems to reflect a response by the Catholic Church to competition from Protestantism or …
Persistent link: https://www.econbiz.de/10012461888
"By documenting the evolution of Tobin's "q" before, during, and after firms internationalize, this paper provides evidence on the bonding, segmentation, and market timing theories of internationalization. Using new data on 9,096 firms across 74 countries over the period 1989-2000, we find that...
Persistent link: https://www.econbiz.de/10010522397
We analyze the impact of financial globalization on business cycle synchronization utilizing a proprietary database on …
Persistent link: https://www.econbiz.de/10012008492
Global supply chains have come under unprecedented stress as a result of US-China trade tensions, the Covid-19 pandemic, and geopolitical shocks. We document shifts in the pattern of US participation in global value chains over the last four decades, in terms of partner countries, products, and...
Persistent link: https://www.econbiz.de/10014372418
In this paper we focus on the different historical regime experiences of the core and the periphery. Before 1914 advanced countries adhered to gold while periphery countries either emulated the advanced countries or floated. Some peripheral countries were especially vulnerable to financial...
Persistent link: https://www.econbiz.de/10012470132
We argue that trade in intermediate inputs, or 'global production sharing,' is a potentially important explanation for the increase in the wage gap between skilled and unskilled workers in the U.S. and elsewhere. Using a simple model of heterogeneous activities within an industry, we show that...
Persistent link: https://www.econbiz.de/10012470348
the (less rich) Old World more equal. The evidence on the links between within-country inequality and globalization in the … the links between them. In doing so, it distinguishes between (a) the different dimensions of globalization; and (b …) between-country and within-country inequality. Theory suggests that globalization will have very different implications for …
Persistent link: https://www.econbiz.de/10012470385
that the growth and increasing globalization of these economies might indeed have been 'finance-led.' …
Persistent link: https://www.econbiz.de/10012470401