The economic potential of ethnic and cultural diversity is often underestimated. This paper summarizes a number of recent studies which show that 'soft' factors such as attitudes, perceptions and identities - and in particular ethnic identities - significantly affect economic outcomes. More...

This research paper offers insights into the status quo of corporate communications and public relations in Asia and analyzes the political, economic and cultural context in which practicioners operate. As a result of the economic upswing and political opening of Asian nations in the last...

In this paper we analyse the role of ethnic networks in the location decision of migrants to the EU 15 at the regional level. Using a random parameters logit specification we find a substantially positive effect of ethnic networks on the location decision of migrants. The effect is, however,...

After the crisis years of 2008 and 2009 EU countries followed different employment paths. Employment and wage levels, for instance, are quite unevenly distributed across Europe. Some of the EU countries expect labour shortages due to demographic change in the future. If this is the case, wages...

We experimentally investigate the nature of cooperation in various repeated games, with subjects from Romania and USA. We find stark cross-country differences in the propensity to sustain multilateral cooperation through bilateral rewards and punishments. U.S. groups perform well because...

This paper studies the respective influence of intergenerational transmission and the environment in shaping individual trust. Focusing on second generation immigrants in Australia and the United States, we exploit the variation in the home and in the host country to separate the effect of the...

We show that the level of trust and reciprocity in an intercultural trust game experiment between Austrian and Japanese subjects differs from the results of an intracultural experiment run in the respective countries among compatriots. Austrian subjects show significantly higher levels of trust...

Based on research in linguistics and psychology I use language speech as a reflection of acculturation. I use individual and city-level data from the Lake Ontario area in Canada and study the determinants of cultural assimilation. I focus on education, age, income, and in particular, on some...

Das ökonomische Potenzial ethnischer und kultureller Vielfalt wird häufig verkannt. Die Ergebnisse neuerer Studien, die in diesem Beitrag zusammengefasst werden, zeigen jedoch, dass sich weiche Faktoren wie etwa Einstellungen, Wahrnehmungen und Identitäten, hier insbesondere ethnische...