Showing 1 - 10 of 111
This paper studies the causal effect of sharing a common native language on international trade. Switzerland is a multilingual country that hosts four official language groups of which three are major (French, German, and Italian). These groups of native language speakers are geographically...
Persistent link: https://www.econbiz.de/10011083655
particular, can culture constrain caloric intake and contribute to malnutrition? To answer this question, I first document that … on culture: that migrants make nutritionally-suboptimal food choices due to cultural preferences for the traditional …
Persistent link: https://www.econbiz.de/10011083900
: (i) vertical transmission of parental culture; (ii) horizontal influence from the neighborhood; (iii) economic penalty …
Persistent link: https://www.econbiz.de/10011084292
We investigate the empirical relationship between ethnicity and culture, defined as a vector of traits reflecting norms … predictor of cultural values, yet that within-group variation in culture trumps between-group variation. Thus, in contrast to a … overlap between culture and ethnicity, finding that the level of economic development is positively associated with cultural …
Persistent link: https://www.econbiz.de/10011186625
This paper studies the role of culture in shaping unemployment outcomes. The empirical analysis is based on local … political jurisdictions. Local contrasts across the language border identify the role of culture for unemployment. Our findings … indicate that differences in culture explain differences in unemployment duration on the order of 20 %. Moreover, we find that …
Persistent link: https://www.econbiz.de/10005048552
Economists have been reluctant to rely on culture as a possible determinant of economic phenomena. The notion of … culture is so broad and the channels through which it can enter the economic discourse so vague that it is difficult to design … testable hypotheses. In this paper we show this does need to be the case. We introduce a narrower definition of culture that …
Persistent link: https://www.econbiz.de/10005661450
In this paper, we empirically investigate a channel through which social capital may improve economic wellbeing and the functioning of institutions: political accountability. The main idea is that voters who share norms of generalized morality demand higher standards of behavior on their elected...
Persistent link: https://www.econbiz.de/10008530376
We study how the prevailing internal organization of the family affected the initial design of pension systems. Our theoretical framework predicts that, in society with weak family ties, pensions systems were introduced to act as a safety net, while in societies with strong ties they replicate...
Persistent link: https://www.econbiz.de/10009399717
We find evidence for the behavioral biases of anchoring and loss aversion. We find that anchoring is more important for items that are resold quickly, and we find that the effect of loss aversion increases with the time that a painting is held. The evidence in favor of anchoring and loss...
Persistent link: https://www.econbiz.de/10011083575
Auction houses use both in-house and third-party guarantees for sellers who are concerned about the risk that not enough bidders will enter the auction for their works. Auction houses are compensated for guarantees by buyers’ commissions and successful sales after attracting important works of...
Persistent link: https://www.econbiz.de/10011084430