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Perceptions and Preferences for Redistribution
Stantcheva, Stefanie - National Bureau of Economic Research - 2021
The relationship between the degree of inequality and the demand for redistribution has been a central question in political science and political economy. The famous median-voter model predicts that higher inequality, reflected in a growing gap between the income of the average and the median...
Persistent link: https://www.econbiz.de/10012660048
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Causation Among Socioeconomic Time-Series
Michael, Robert T. - 1978
Using annual U. S. time series data from 1950-1974, formal tests of causation are performed among three socioeconomic phenomena: women's labor force participation rates, fertility rates, and divorce rates. Box-Jenkins and other techniques are employed with Granger-Sims type definition of...
Persistent link: https://www.econbiz.de/10012478897
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The Socio-Economic Causes of Obesity
Baum, Charles L. - 2011
An increasing number of Americans are obese, with a body mass index of 30 or more. In fact, the latest estimates indicate that about 30% of Americans are currently obese, which is roughly a 100% increase from 25 years ago. It is well accepted that weight gain is caused by caloric imbalance,...
Persistent link: https://www.econbiz.de/10012461235
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Who is Neoliberal? Durkheimian Individualism and Support for Market Mechanisms
Landier, Augustin; Thesmar, David - National Bureau of Economic Research - 2022
This paper investigates the drivers of support for market mechanisms (competition and optimizing behavior by agents). We elicit such attitudes using concrete and simplified situations where respondents face a tradeoff between an economically efficient situation and a pro-social objective. We...
Persistent link: https://www.econbiz.de/10013191037
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Searching for the EU Social Dialogue Model
Freeman, Richard B. - 2006
The European Union and the United States operate different variants of market capitalism. The EU model uses social dialogue institutions to help determine economic outcomes, particularly in the labor market, whereas the US relies more on market forces. The theory of competitive markets provides...
Persistent link: https://www.econbiz.de/10012466363
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Internationalization and the evolution of corporate valuation
Levine, Ross - 2005
"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
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Land, Labor and Globalization in the Pre-Industrial Third World
Williamson, Jeffrey G. - 2000
/rental ratios the world round between 1870 and 1940. The data offer a useful way to identify the impact of globalization on the pre …
Persistent link: https://www.econbiz.de/10012470966
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When Did Globalization Begin?
O'Rourke, Kevin H. - 2000
Some world historians attach globalization big bang' significance to 1492 (Christopher Colombus stumbles on the … important events in recorded history. Other world historians insist that globalization stretches back even earlier. There is a … integration of markets between trading economies (e.g., the central manifestation of globalization, commodity price convergence …
Persistent link: https://www.econbiz.de/10012471135
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Globalization and International Public Finance
Kremer, Michael - 2000
This paper examines the effect of reduced transaction costs in the international trading of assets on the ability of governments to issue debt. We examine a model in which governments care about the welfare of their citizens, and thus are more inclined to default if a large proportion of their...
Persistent link: https://www.econbiz.de/10012471194
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An Economic Analysis of Transnational Bankruptcies
Bebchuk, Lucian Arye - 2000
This paper analyzes the effects of the legal rules governing transnational bankruptcies. We compare a regime of territoriality' -- in which assets are adjudicated by the jurisdiction in which they are located at the time of the bankruptcy -- with a regime of universality are adjudicated in a...
Persistent link: https://www.econbiz.de/10012471197