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Migration is an important and yet neglected determinant of institutions. The paper documents the channels through which … emigration affects home country institutions and considers dynamic-panel regressions for a large sample of developing countries …. We find that emigration and human capital both increase democracy and economic freedom. This implies that unskilled …
Persistent link: https://www.econbiz.de/10010336024
literature on its "dark side". We examine the role of social capital in the downfall of democracy in interwar Germany. We analyze … democracy. We also show that the effects of social capital were more important in the starting phase of the Nazi movement, and …
Persistent link: https://www.econbiz.de/10011282481
whether they are endogenous or exogenous to the society on which they are imposed. Therefore, democratic institutions may have …
Persistent link: https://www.econbiz.de/10010318878
This paper examines the determination of the rate of growth in an economy in which two political parties, each representing a different social class, negotiate the magnitude and allocation of taxes. Taxes may increase growth if they finance public services but reduce growth when used to...
Persistent link: https://www.econbiz.de/10010397511
estimate the country-specific cost of capital. We find a negative relationship between institutions that protect property … rights and capital costs. Firms located in countries with weak institutions were charged a premium compared to similarly … risky firms located in countries with strong institutions, and this penalty appeared to be costly in terms of future growth …
Persistent link: https://www.econbiz.de/10010292144
the institutions and infrastructure literature in this respect, using selection-based gravity modeling of trade flows. We …
Persistent link: https://www.econbiz.de/10010294570
smaller countries that were historically backward and developed a different set of political and economic institutions during … political institutions for the long-run evolution of wealth-income ratios. …
Persistent link: https://www.econbiz.de/10011406159
contract incentives, wage satisfaction), (ii) institutions (e.g. technology transfer offices, patent exploitation agencies … support infrastructure for start-ups in German academic institutions, these services are little known amongst their staff …
Persistent link: https://www.econbiz.de/10011573969
We investigate the effects of an institutional mechanism that incentivizes taxpayers to blow the whistle on collusive corruption and tax compliance. We explore this through a formal leniency program. In our experiment, we nest collusive corruption within a tax evasion framework. We not only...
Persistent link: https://www.econbiz.de/10011969206
Trust affects almost all human relationships - in families, organizations, markets and politics. However, identifying the conditions under which trust, defined as people's beliefs in the trustworthiness of others, has a causal effect on the efficiency of human interactions has proven to be...
Persistent link: https://www.econbiz.de/10011969215