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Do factor endowments explain serfdom? Domar (1970) conjectured that high land-labor ratios caused serfdom by increasing incentives to coerce labor. But historical evidence is mixed and quantitative analyses are lacking. Using the Acemoglu-Wolitzky (2011) framework and controlling for political...
Persistent link: https://www.econbiz.de/10011747534
In this paper we present a political economy approach in order to explain the degree of financial openness for an economy. In the model, entrepreneurs, who may have good or bad projects, vote for policies, which are proposed by selfish politicians. Two political frictions (ideological adherence...
Persistent link: https://www.econbiz.de/10010343867
This study evaluates potential migration flows to the European Union from its eastern neighbors and Croatia. We perform …-enlargement migration flows following the EU's 2004 enlargement. We consider two baseline policy scenarios, with and without accession of … sending countries to the EU. Our results show that migration flows are driven by migration costs and economic conditions, but …
Persistent link: https://www.econbiz.de/10010194751
This paper presents a methodology to identify net demand shocks as well as wage rigidities in heterogeneous labor markets on the basis of nonparametric regression. We show how this approach can be used to make suggestions for immigration policy in economies with labor market rigidities. In an...
Persistent link: https://www.econbiz.de/10011447106
on gravity modeling and estimation for international trade and migration and on domestic firm-level labor market effects … of internationalization. Chapter 2 structurally estimates a micro-founded gravity equation for migration flows. For a … migration frictions. Chapter 3 asks how the welfare quantification of trade liberalization changes if one allows workers to be …
Persistent link: https://www.econbiz.de/10012315634
In this paper, a new approach to disclose the impact of politics on economic growth is presented: we use data derived from content analysis of party manifestos as measures of party preferences. In a panel of 23 OECD countries, we detect a positive impact of party support for various...
Persistent link: https://www.econbiz.de/10010303002
In 2007, the Wall Street Journal published an article claiming that each execution saves more than 70 lives. This example is used to show how easy it is, using simple or advanced econometric techniques, to produce results that do or do not support the deterrence hypothesis. Moreover, we also...
Persistent link: https://www.econbiz.de/10010274992
One of the most widely discussed phenomena in American politics today is the perceived increasing partisan divide that splits the U.S. electorate. A central contested question is whether this diagnosis is actually true, and if so, what is the underlying cause. We develop a model that relates the...
Persistent link: https://www.econbiz.de/10010281037
A unique dataset is used to separately analyze the social origins of left-wing and nationalist-separatist terrorism in 17 Western European countries between 1970 and 2007. We argue that the differences in the historic roots, ultimate goals as well as their negotiability, levels of domestic and...
Persistent link: https://www.econbiz.de/10010281914
Persistent link: https://www.econbiz.de/10003742769