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Starting a firm with expansive potential is an option for educated and high-skilled workers. This option serves as an … insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within … a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also …
Persistent link: https://www.econbiz.de/10010294544
This paper evaluates the impact of economic and legal variables on wage differentials between men and women. Since Becker (1957) economists have argued that competitive markets eliminate discrimination in the long run. On the other hand, practically all countries have enacted some sort of law...
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This paper examines the causal link between education and democracy. Motivated by a model whereby educated individuals …, the empirical analysis uses World Values Surveys to study the link between education and democratic attitudes. Controlling … for a variety of characteristics, the paper finds that higher education levels tend to result in prodemocracy views. These …
Persistent link: https://www.econbiz.de/10010278288
To study whether foreign aid fuels personal, regional and ethnic favoritism, we use satellite data on nighttime light for any region in any aid-recipient country, and we determine for each year and each country the region in which the current political leader was born. Having a panel with 22,850...
Persistent link: https://www.econbiz.de/10011430087
This paper studies the cyclical pattern of ex post markups in the banking system using balance-sheet data for a large set of countries. Markups are strongly countercyclical even after controlling for financial development, banking concentration, operational costs, inflation, and simultaneity or...
Persistent link: https://www.econbiz.de/10010292221
Using micro data on more than 130,000 individuals from 69 countries, we analyze the extent to which joblessness of the individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that personal joblessness experience translates...
Persistent link: https://www.econbiz.de/10010275894
will hamper remittance growth. We revisit the relationship between education and remitting behavior using microdata from … surveys of immigrants in eleven major destination countries. The data show a mixed pattern between education and the … likelihood of remitting, and a strong positive relationship between education and the amount remitted conditional on remitting …
Persistent link: https://www.econbiz.de/10010335976