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The question of whether there is a connection between income and psychological well-being is a long-studied issue across the social, psychological, and behavioral sciences. Much research has found that richer people tend to be happier. However, relatively little attention has been paid to...
Persistent link: https://www.econbiz.de/10009683363
data ; economics profession …
Persistent link: https://www.econbiz.de/10008697049
This paper studies external sovereign bonds as an asset class. We compile a new database of 220,000 monthly prices of foreign-currency government bonds traded in London and New York between 1815 (the Battle of Waterloo) and 2016, covering 91 countries. Our main insight is that, as in equity...
Persistent link: https://www.econbiz.de/10011973856
This paper answers fundamental questions that have preoccupied modern economic thought since the 18th century. What is the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so, by how much? Is there a tendency for returns to fall in the...
Persistent link: https://www.econbiz.de/10011794864
We examine how financial crises redistribute risk, employing novel empirical methods and micro data from the largest financial crisis of the 20th century - the Great Depression. Using balance-sheet and systemic risk measures at the bank level, we build an econometric model with incidental...
Persistent link: https://www.econbiz.de/10014323137
This paper provides a synthesis of the state of knowledge on the economics of skyscrapers. First, we document how …
Persistent link: https://www.econbiz.de/10012245104
matter of course that economics should become a natural science. Such a characterization misses an essential aspect of a …
Persistent link: https://www.econbiz.de/10011700543
economics with the highest dynamics (largest rates of change in paper counts). We found that the field with the largest paper …
Persistent link: https://www.econbiz.de/10014452048
Research on leadership in economics has developed in parallel to the literature in management and psychology and links … fields could profit from enriching their approach with insights from the other field. We review and synthesize the economics … detailed understanding of transactional methods that economists have developed. We link the contributions in economics to a …
Persistent link: https://www.econbiz.de/10011560801
We study how human capital and economic conditions causally affect the choice of religious denomination. We utilize a longitudinal dataset monitoring the religious history of more than 5,000 Kenyans over twenty years, in tandem with a randomized experiment (deworming) that has exogenously...
Persistent link: https://www.econbiz.de/10014431171