Showing 1 - 10 of 31
This paper presents an analysis of what types of values, especially in regards to obedience vs. independence, families impart to their children and how these values interact with social mobility. In the model, obedience is a useful characteristic for employers, especially when wages are low,...
Persistent link: https://www.econbiz.de/10012616573
key feature is the selection between high- and low-type firms, which differ in terms of their innovative capacity. We … entrants is subsidized. This is because of a strong selection effect: R&D resources (skilled labor) are inefficiently used by …
Persistent link: https://www.econbiz.de/10010698829
key feature is the selection between high- and low-type firms, which differ in terms of their innovative capacity. We … entrants is subsidized. This is because of a strong selection effect: R&D resources (skilled labor) are inefficiently used by …
Persistent link: https://www.econbiz.de/10010643262
key feature is the selection between high- and low-type firms, which differ in terms of their innovative capacity. We … entrants is subsidized. This is because of a strong selection effect: R&D resources (skilled labor) are inefficiently used by …
Persistent link: https://www.econbiz.de/10010822929
innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … approaches the technology frontier, selection becomes more important. As a result, countries at early stages of development … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …
Persistent link: https://www.econbiz.de/10005789082
key feature is the selection between high- and low-type firms, which differ in terms of their innovative capacity. We … entrants is subsidized. This is because of a strong selection effect: R&D resources (skilled labor) are inefficiently used by …
Persistent link: https://www.econbiz.de/10012148193
Persistent link: https://www.econbiz.de/10008584570
This article uses the different mortality rates of European colonialists to estimate the effect of institutions on economic performance. Europeans adopted very different colonization policies in different colonies. In places where mortality rates were high they did not settle, but set up...
Persistent link: https://www.econbiz.de/10005557789
We construct a model to study the implications of changes in political institutions for economic institutions. A change in political institutions alters the distribution of de jure political power, but creates incentives for investments in de facto political power to partially or even fully...
Persistent link: https://www.econbiz.de/10005241157
How should a state which lacks the monopoly of violence go about acquiring it? We investigate the use of high-powered incentives for members of the Colombian army as part of a strategy to combat left-wing guerillas and build the state's monopoly of violence. We show that this top-down...
Persistent link: https://www.econbiz.de/10011573044