Multinational enterprises are often accused to have a preference for investing in countries in which the working populations' civil and political rights are largely disregarded. This paper presents an empirical investigation of the popular "political repression boosts FDI" hypothesis and arrives...

We investigate how an artist's death impacts on the price of her artwork by estimating individual death effects of a sample of famous visual artists who died between 1985 and 2010. Using data from art auctions that took place in a narrow window around the artists' death, we apply various...

Most normative studies on child labour arrive at the conclusion that child labour is detrimental to social welfare. Child labour is, however, still prevalent in many developing countries even though in many of these countries it is forbidden by law. In this paper we develop a political-economic...

We provide a measure of equality of educational opportunity in 54 countries, estimated as the effect of family background on student performance in two international TIMSS tests. We then show how organizational features of the education system affect equality of educational opportunity. Our...

We provide a measure of equality of educational opportunity in 54 countries, estimated as the effect of family background on student performance in two international TIMSS tests. We then show how organizational features of the education system affect equality of educational opportunity. Our...

Most normative studies on child labor arrive at the conclusion that child labor is detrimental to social welfare. Child labor is, however, still prevalent in many developing countries even though in many of these countries it is forbidden by law. In this paper we develop a political-economic...

Economic theory advances various arguments in favor of and against privatizing education. In this paper we investigate the extent to which these arguments influence voters' opinions. We analyze two popular referenda in which some 400,000 voters in two Swiss cantons expressed their opinions on...

We provide a measure of equality of educational opportunity in 54 countries, estimated as the effect of family background on student performance in two international TIMSS tests. We then show how organizational features of the education system affect equality of educational opportunity. Our...