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Perotti, Enrico; Volpin, Paolo - 2004

We develop a model of endogenous lobby formation in which wealth inequalityand political accountability undermine entry and financial development. In-cumbents seek a low level of effective investor protection to prevent potentialentrants from raising capital. They succeed because they can...

Persistent link: https://www.econbiz.de/10010325212

Economics: An Emerging Small World?

Goyal, Sanjeev; van der Leij, Marco; Moraga, Jose Luis - 2004

This paper examines the small world hypothesis. The first part of the paper presents empirical evidence on the … evolution of a particular world: the world of journal publishing economists during the period 1970-2000. We find that in the … 1970's the world of economics was a collection of islands. Two decades later, in the 1990's the world of economics was much …

Persistent link: https://www.econbiz.de/10010325260

Global Aging and Economic Convergence: A Real Option or Still a Case of Science Fiction?

van Dalen, Hendrik P. - 2007

How does global aging affect the convergence in global economic development? Both the developing and developed world … Official Development Assistance (ODA) will remain necessary capital flows for the developing world in the near future …

Persistent link: https://www.econbiz.de/10010325303

Microeconomic Evidence of Creative Destruction in Industrial and Developing Countries

Bartelsman, Eric J.; Haltiwanger, John; Scarpetta, Stefano - 2004

countries, which enables international comparisons and the identification of country-specific factors as opposed to sectoral and …

Persistent link: https://www.econbiz.de/10010325332

The Benefits of Being Economics Professor A (and not Z)

van Praag, C. Mirjam; van Praag, Bernard M.S. - 2007

Alphabetic name ordering on multi-authored academic papers_new, which is the convention in theeconomics discipline and various other disciplines, is to the advantage of people whose lastname initials are placed early in the alphabet. As it turns out, Professor A, who has been afirst author more...

Persistent link: https://www.econbiz.de/10010325380

Welfare State and Life Satisfaction: Evidence from Public Health Care

Laamanen, Jani-Petri; Kotakorpi, Kaisa - 2007

We examine the effect of publicly provided health care on welfare by combining local level data on public health care, and individual level data on life satisfaction. It is shown that relatively high expenditures in health care have a positive effect on individuals' life satisfaction in our...

Persistent link: https://www.econbiz.de/10010325493

Empirical Relevance of the Hillman Condition and Comparative Advantage

Hinloopen, Jeroen; van Marrewijk, Charles - 2004

Hillman condition for virtually all countries of the world, over an extended period of time, for many sectors, and for … be substantial as a share of the value of world exports. Measured either way, violations occurred much more frequently in …

Persistent link: https://www.econbiz.de/10010325500

The Trade-Off between Foreign Direct Investments and Exports: The Role of Multiple Dimensions of Distance

Lankhuizen, Maureen; de Groot, Henri L.F.; Linders, … - 2009

To serve foreign markets, firms can either export or set up a local subsidiary through horizontal Foreign Direct Investment (FDI). The conventional proximity-concentration theory suggests that FDI substitutes for trade if distance between countries is large, while exports become more important...

Persistent link: https://www.econbiz.de/10010325651

Religion and Income

Bettendorf, L.; Dijkgraaf, E. - 2008

-country data in this type of research. Data at household level of the European and World Values Survey are pooled for 25 Western …

Persistent link: https://www.econbiz.de/10010325656

The Impact of Cross-Border Banking on Financial Stability

Schoenmaker, Dirk; Wagner, Wolf - 2011

This paper focuses on the stability aspects of cross-border banking. We first argue that cross-border banking brings about various benefits and costs for financial stability. Based on this, we draw conclusions for the desirability of cross-border banking in the EU, and derive implications for...

Persistent link: https://www.econbiz.de/10010325659