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Merchant guilds, taxation and social capital
Dessí, Roberta; Piccolo, Salvatore - 2015
Persistent link: https://www.econbiz.de/10011302349
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Trade, trust and transaction cost
Butter, Frank A. G. den; Mosch, Robert - 2003
Transaction costs are a major reason why international trade flows are much smaller than traditional trade theory would … suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of … this paper shows that more trust leads to more trade so that part of the mystery of missing trade can be attributed to the …
Persistent link: https://www.econbiz.de/10011334351
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The crisis in economic theory : a review essay
Hoover, Kevin D. - 2015
The Great Recession and the financial crisis of 2007-09 prompted ca lls for fundamental reforms of economic theory. The role of theory in economics and in recent economic events is considered in light of two recen t books: the sociologist Richard Swedberg's The Art of Social Theory and the...
Persistent link: https://www.econbiz.de/10011600520
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Can capitalists afford recovery? : economic policy when capital is power
Bikler, Šimšōn; Nitzan, Jonathan - 2013
Economic, financial and social commentators from all directions and persuasion are obsessed with the prospect of recovery. The world remains mired in a deep, prolonged crisis, and the key question seems to be how to get out of it. The purpose of our paper is to ask a very different question that...
Persistent link: https://www.econbiz.de/10011753880
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From casual to causal inference in accounting research : the need for theoretical foundations
Bertomeu, Jeremy; Beyer, Anne; Taylor, Daniel J. - 2017
On December 5th and 6th 2014, the Stanford Graduate School of Business hosted the Causality in the Social Sciences Conference. The conference brought together several distinguished speakers from philosophy, economics, finance, accounting and marketing with the bold mission of debating scientific...
Persistent link: https://www.econbiz.de/10011862386
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Tony Atkinson and his legacy
Aaberge, Rolf; Bourguignon, François; Brandolini, Andrea; … - 2017
Persistent link: https://www.econbiz.de/10011967165
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What are axiomatizations good for?
Gilboa, Itzhak; Postlewaite, Andrew; Samuelson, Larry; … - 2018
In light of the interest in axiomatic models of decision making in recent years, one is led to ask, in what ways do axiomatic derivations advance positive economics? If economists are interested in predicting how people behave, without a pretense to change individual decision making, how can...
Persistent link: https://www.econbiz.de/10012251204
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Trust No One? Security and International Trade
Carballo, Jerónimo; Schaur, Georg; Volpe Martincus, … - 2016
, which may potentially negatively affect international trade. Customs around the world have therefore implemented security …-motivated certification programs to facilitate licit trade. These programs offer trustworthy trading firms, i.e., Authorized Economic …
Persistent link: https://www.econbiz.de/10011535778
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Market Integration as a Mechanism of Growth
Keller, Wolfgang; Shiue, Carol H. - 2016
In what sense are institutions a deep determinant of growth? In this paper, we address this question by examining the relationship between city growth and institutional reform in 19th century Germany, when some cities experienced deep institutional reform as a result of French rule. Employing an...
Persistent link: https://www.econbiz.de/10011555512
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Trade and the Environment: New Methods, Measurements, and Results
Cherniwchan, Jevan; Copeland, Brian R.; Taylor, M. Scott - 2016
We review recent research linking international trade to the environment, with a focus on new results and methods. The …-style approach to trade and the environment, its full potential has not yet been exploited. We discuss existing empirical and …
Persistent link: https://www.econbiz.de/10011555551