This paper constructs a theoretical model to explain the relationship between IFRS adoption, FDI and foreign aid. Using … 92 countries for the period 2003-2012. Overall, IFRS adoption attracts more aid when conditioned on foreign aid; however …

This paper investigates how government ideology and globalization are associated with top income shares in 17 OECD … countries over the period 1970 to 2014. We use top income shares of the World Wealth and Income Database (WID). Globalization is … measured by the KOF index of globalization. Static and dynamic panel model results show that the top income shares increased …

According to the widely known ‘culture of honor’ hypothesis from social psychology, traditional herding practices have …

benchmark calibration, we estimate that the capital misallocation induced by these barriers reduces World GDP by 7%, compared to …-country inequality: the standard deviation of log capital per employee is 80% higher than it would be in a world without barriers to …

According to the widely known 'culture of honor' hypothesis from social psychology, traditional herding practices are …, and large-scale surveys. The data show systematic links between traditional herding practices and a culture of honor …. First, the culture of pre-industrial societies that relied on animal herding emphasizes violence, punishment, and revenge …