This paper seeks to add to the current debate about financial development and growth in the emerging world by looking at how different financial systems evolve: how and why financial structures change during various stages of development, how best to measure them, and seeing what practical...

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking at how different financial systems evolve: how and why financial structures change during various stages of development, how best to measure them, and seeing what practical...

Disease does not only affect development through its contemporaneous impact on health, but also through its enduring historical effect through its shaping of culture and institutions. By drawing on the experience of historical pandemics, we argue that some of the current stringent approaches...

In seiner jüngeren Geschichte war Deutschland mit vielen tiefgreifenden ökonomischen Krisen konfrontiert. Diese wirkten sich vollkommen unterschiedlich auf den Wohnimmobilienmarkt aus. Einige Krisen machten sich auf nationaler, andere hingegen lediglich auf regionaler Ebene bemerkbar. Manche...

In seiner jüngeren Geschichte war Deutschland mit vielen tiefgreifenden ökonomischen Krisen konfrontiert. Diese wirkten sich vollkommen unterschiedlich auf den Wohnimmobilienmarkt aus. Einige Krisen machten sich auf nationaler, andere hingegen lediglich auf regionaler Ebene bemerkbar. Manche...

This paper compares two modern approaches to program evaluation with one treated unit, the panel data approach and the synthetic control method, in the context of the Russian Revolution of 1917. The goal of this paper is twofold: first, to evaluate various econometric and machine learning...

After a long period of economic neglect of religion, recent articles in leading economics journals have been finding that religion has long played a surprisingly large role in influencing levels of economic development. Moving forward in the tradition of Max Weber, these articles find that...

Fifty years ago, China sent more than 16 million urban youths aged 16-19 to rural villages to work and they spent between 1 and 10 years there. This is known as the "sent-down youth" (SDY) program. This paper examines how this internal migration impacted rural economic development in the regions...

Seit einiger Zeit ist das Gebot der Schaffung „gleichwertiger Lebensverhältnisse“, das im Grundgesetz verankert ist, Gegenstand reger Diskussionen. Landes- und Kommunalpolitiker richten auf seiner Grundlage Anspruchshaltungen auf, die emotional und öffentlichkeitswirksam diskutiert werden...