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This research provides an explanation for high literacy, economic growth and societal developments in the Netherlands … Netherlands. The BCL stimulated human capital accumulation by educating Dutch citizens without inducing animosity from the … of literacy in the Netherlands. In addition, there are positive effects of the BCL on book production and on city growth …
Persistent link: https://www.econbiz.de/10013087419
Persistent link: https://www.econbiz.de/10009691727
Persistent link: https://www.econbiz.de/10011616891
This research provides an explanation for high literacy, economic growth and societal developments in the Netherlands … Netherlands. The BCL stimulated human capital accumulation by educating Dutch citizens without inducing animosity from the … rates of literacy in the Netherlands. In addition, there are positive effects of the BCL on book production and on city …
Persistent link: https://www.econbiz.de/10010291384
This research provides an explanation for high literacy, economic growth and societal developments in the Netherlands … Netherlands. The BCL stimulated human capital accumulation by educating Dutch citizens without inducing animosity from the … rates of literacy in the Netherlands. In addition, there are positive effects of the BCL on book production and on city …
Persistent link: https://www.econbiz.de/10010791523
Max Weber attributed the higher economic prosperity of Protestant regions to a Protestant work ethic. We provide an alternative theory, where Protestant economies prospered because instruction in reading the Bible generated the human capital crucial to economic prosperity. County-level data from...
Persistent link: https://www.econbiz.de/10003470491
Max Weber attributed the higher economic prosperity of Protestant regions to a Protestant work ethic. We provide an alternative theory, where Protestant economies prospered because instruction in reading the Bible generated the human capital crucial to economic prosperity. County-level data from...
Persistent link: https://www.econbiz.de/10013317061
By merging individual data on valuable patents granted in Prussia in the late nineteenth century with county level information on literacy and income tax revenues we show that increases in the stock of human capital not only improved workers ́productivity but also accelerated innovative...
Persistent link: https://www.econbiz.de/10009792180
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
Persistent link: https://www.econbiz.de/10011667675
This paper uses evidence from German-speaking central Europe to address open questions about the Consumer and Industrious Revolutions. Did they happen outside the early-developing, North Atlantic economies? Were they shaped by the “social capital” of traditional institutions? How were they...
Persistent link: https://www.econbiz.de/10008531411