Showing 1 - 10 of 119
The mixed-demand model allows for very flexible specification of what should be considered endogenous and exogenous in demand system estimation. This paper introduces a revealed preference framework to analyze the mixed-demand model. The proposed methods can be used to test whether observed data...
Persistent link: https://www.econbiz.de/10013257002
How should the world economy adapt to the increased demand for exhaustible resources from countries like China and … India? To address that issue, this paper presents a dynamic model of the world economy with two technologies for production …
Persistent link: https://www.econbiz.de/10008654184
Tolerance is a distinguishing feature of Western culture: There is a widespread attitude that people should be allowed to say what they want even if one dislikes the message. Still, the degree of tolerance varies between and within countries, as well as over time, and if one values this kind of...
Persistent link: https://www.econbiz.de/10011312192
Much political conflict in the world revolves around the issue of how much freedom to accord people. Liberal …
Persistent link: https://www.econbiz.de/10013363038
This paper explores whether coups cause increased crisis risk, and if some types of coups are associated with stronger risk. I use a worldwide sample with data on more than 1200 onsets of economic crisis between 1950 and 2019, treat separate effects of military and civilian coup attempts, and...
Persistent link: https://www.econbiz.de/10013490611
It is often claimed that investment treaties will dissuade host countries from phasing out foreignowned CO2-intensive production. This paper uses a very simple economic framework to examine how such a problem might be alleviated through treaty reform, including increased carve-outs from...
Persistent link: https://www.econbiz.de/10013490616
This paper examines how experience from working in a foreign owned firm affects worker mobility. International experience can provide a worker with knowledge about foreign operations, thereby making them more attractive to other employers who are also engaged in international businesses. We...
Persistent link: https://www.econbiz.de/10013490621
The association between freedom of expression - freedom of speech and the freedom of the media - and social conflict is theoretically ambiguous and politically highly contested. On one side of the debate, people argue that freedom of speech and freedom of the media create social conflict by...
Persistent link: https://www.econbiz.de/10014391278
Private equity buyouts have become a common element in the industrial development process. I survey the literature on the real economic effect of buyouts: employment, wages, productivity, and long-run investments. Employment tend to marginally fall after a buyout in most countries studied, with...
Persistent link: https://www.econbiz.de/10008654164
growth. Data from the World Values Survey enables us to investigate tolerance–growth relationships for 54 countries. We …
Persistent link: https://www.econbiz.de/10008654180