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Persistent link: https://www.econbiz.de/10012627879
by the reform significantly increased their education and experienced higher labor income. Our main result is that the …. These results are not driven by the direct impact of education and are not explained by higher turnout, or greater attention …
Persistent link: https://www.econbiz.de/10012602970
Persistent link: https://www.econbiz.de/10012593116
by the reform significantly increased their education and experienced higher labor income. Our main result is that the …. These results are not driven by the direct impact of education and are not explained by higher turnout, or greater attention …
Persistent link: https://www.econbiz.de/10012658196
This paper proposes a new framework for studying the interplay between culture and institutions. We follow the recent … sociology literature and interpret culture as a \repertoire", which allows rich cultural responses to changes in the environment … and shifts in political power. Specifically, we start with a culture set, which consists of attributes and the feasible …
Persistent link: https://www.econbiz.de/10012533381
This paper proposes a new framework for studying the interplay between culture and institutions. We follow the recent … sociology literature and interpret culture as a \repertoire", which allows rich cultural responses to changes in the environment … and shifts in political power. Specifically, we start with a culture set, which consists of attributes and the feasible …
Persistent link: https://www.econbiz.de/10013226495
In this paper we revisit the relationship between democracy, redistribution, and inequality. We first explain the theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail to be realized when democracy is captured by the...
Persistent link: https://www.econbiz.de/10014025324
In this paper we revisit the relationship between institutions, human capital and development. We argue that empirical models that treat institutions and human capital as exogenous are misspecified both because of the usual omitted variable bias problems and because of differential measurement...
Persistent link: https://www.econbiz.de/10010774117
The basic machines of macroeconomics. Ramsey, Solow, Samuelson-Diamond, RBCs, ISLM, Mundell-Fleming, Fischer-Taylor. How they work, what shortcuts they take, and how they can be used. Half-term subject. From the course home page: Course Description This half semester class presents an...
Persistent link: https://www.econbiz.de/10009432111
This paper presents a model in which firms and workers must engage in costly search to find a production partner. In this setting the skill, job and wage distributions and their evolutions are endogenized. The presence of search frictions implies that there are two redistributive forces in the...
Persistent link: https://www.econbiz.de/10005114138