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The introduction of deal types for issues of seasoned equity in which the offer follows quickly after its announcement highlights the role of underwriter certification in the performance of SEOs. Controlling for the matching between underwriters and issuers, underwriter quality is positively...
Persistent link: https://www.econbiz.de/10012480288
We study the role of perceived threats from cultural diversity induced by terrorist attacks and a salient criminal event on public discourse and voters' support for far-right parties. We first develop a rule which allocates Twitter users in Germany to electoral districts and then use a machine...
Persistent link: https://www.econbiz.de/10012479348
This paper reviews the literature on gender and culture. Gender gaps in various outcomes (competitiveness, labor force … article reviews the literature on the relevance of culture in the determination of different forms of gender gap. I examine …
Persistent link: https://www.econbiz.de/10012481273
innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal … collectivism, in line with recent advances in biology and neuro-science. The effect of culture on long-run growth remains very …
Persistent link: https://www.econbiz.de/10012462288
This paper reviews the literature on culture and economics, focusing primarily on the epidemiological approach. The … effect of culture from the original economic and institutional environment. This approach has been used to study a variety of …
Persistent link: https://www.econbiz.de/10012462380
Can some acts of violence be explained by a society's "culture"? Scholars have found it hard to empirically disentangle … the effects of culture, legal institutions, and poverty in driving violence. We address this problem by exploiting a …
Persistent link: https://www.econbiz.de/10012464681
This paper discusses some recent advances in the area of culture and economics and examines the effect of culture on a … key economic outcome: female labor supply. To separate the effect of market variables and institutions from culture, I use …
Persistent link: https://www.econbiz.de/10012465768
Economists have been reluctant to rely on culture as a possible determinant of economic phenomena. The notion of … culture is so broad and the channels through which it can enter the economic discourse so vague that it is difficult to design … testable hypotheses. In this paper we show this does need to be the case. We introduce a narrower definition of culture that …
Persistent link: https://www.econbiz.de/10012466672
This paper attempts to disentangle the direct effects of experience from those of culture in determining fertility. We …
Persistent link: https://www.econbiz.de/10012467109
instrumented with its cultural determinants. We conclude that perceptions rooted in culture are important (and generally omitted …
Persistent link: https://www.econbiz.de/10012467682