The tertiarization, or perhaps more accurately, the deindustrialization of the economy has left deep scars on cities. It is evident not only in the industrial wastelands and empty factory buildings scattered throughout the urban landscape, but also in the income and social structures of cities....

This paper compares endogenous social interactions models to determine which one fits the classroom reality best. The analysis uses data from German 9th-graders and considers the effect of the best and worst peers scores, the peers sum and peers average scores on own achievement. Although each...

In this paper, I explore the determinants of foreign bias in international portfolio investment focusing on a behavioral explanation. Specifically, I investigate whether investors having a stronger uncertainty aversion perceive a foreign country to be more unfamiliar than those with less such...

This study analyses the relationship between social capital accumulation and the amount of rural credit market contracts of the State of São Paulo, Brazil. The most important definitions of social capital found on literature and the main ways of creation and measure this variable were reported....

The transition to market economy has represented both for Romania and other Central and Eastern European countries an emphasis on economic and social inequalities. The authors consider it is necessary to identify a path pass from chaotic inequalities to a state of economic and social cohesion...

Does an individual's housing situation affect community social capital and influence regional development through this channel? A body of literature which followed the seminal work of DiPasquale and Glaeser suggests that homeownership is positively related to social capital formation due to both...

The aim of the study is to analyze the representative variables of the stock of social capital available in the São Paulo State's counties, Brazil, according to the theory and methodology proposed by Robert Putnam. It describes some representative elements of social capital in the counties of...

The remarkable influx of Chinese migrant entrepreneurs in West Africa has been met with growing resistance from established African entrepreneurs. Whether the Chinese have a competitive edge over Africans because of distinctive sociocultural traits or whether the Chineseʹs supposed...

This paper reflects on a "cultural industry model" with important potential for local development, which is the network of independent cultural producers of Brazilian slums. The landscape of favelas is unique: plagued by poverty and crime, they have come to encapsulate the worst aspects of...

The main goal of this paper is to identify relationships between value orientations, beliefs and economic behavior of agents, on one side, and differences between levels of economic development, on the other. Empirical analysis is based on a sample of Portuguese municipalities and correspondent...