Showing 1 - 10 of 15
countries, communities on both sides of the long-gone Habsburg border have been sharing common formal institutions for a century …
Persistent link: https://www.econbiz.de/10008873335
We model the effect of Protestant vs. Catholic denomination in an economic theory of suicide, accounting for differences in religious-community integration, views about man’s impact on God’s grace, and the possibility of confessing sins. We test the theory using a unique micro-regional...
Persistent link: https://www.econbiz.de/10009147410
The interplay between religion and the economy has occupied social scientists for long. We construct a unique panel of … doubt on causal interpretations of the religion- economy nexus in Prussian secularization. …
Persistent link: https://www.econbiz.de/10011084066
This paper opens with a discussion of the types of institutions that allow markets to perform adequately. While we can … identify in broad terms what these are, there is no unique mapping between markets and the non-market institutions that … institutions. A range of evidence indicates that participatory democracies enable higher-quality growth. …
Persistent link: https://www.econbiz.de/10005791566
We consider a model of policy choice in which appropriate policies depend on a country’s own circumstances, but the presence of a successful leader generates an informational externality and results in too little ‘policy experimentation’. Corrupt governments are reined in while honest...
Persistent link: https://www.econbiz.de/10005136734
We estimate the respective contributions of institutions, geography, and trade in determining income levels around the … world, using recently developed instruments for institutions and trade. Our results indicate that the quality of … institutions 'trumps' everything else. Once institutions are controlled for, measures of geography have at best weak direct effects …
Persistent link: https://www.econbiz.de/10005667122
While women's employment opportunities, relative wages, and the child quantity-quality trade-off have been studied as factors underlying historical fertility limitation, the role of parental education has received little attention. We combine Prussian county data from three censuses--1816, 1849,...
Persistent link: https://www.econbiz.de/10009003377
as education, religion, fertility, and many others for Prussian economic development in the 19th century. The service of …
Persistent link: https://www.econbiz.de/10011083606
Why did substantial parts of Europe abandon the institutionalized churches around 1900? Empirical studies using modern data mostly contradict the traditional view that education was a leading source of the seismic social phenomenon of secularization. We construct a unique panel dataset of...
Persistent link: https://www.econbiz.de/10011083914
We analyse the interplay of policy reform and entrepreneurship in a model where investment decisions and policy outcomes are both subject to uncertainty. The production costs of non-traditional activities are unknown and can only be discovered by entrepreneurs who make sunk investments. The...
Persistent link: https://www.econbiz.de/10005791665