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The Economic Value of Cultural Diversity : Evidence from Us Cities

Ottaviano, Gianmarco I.P; Peri, Giovanni - 2022

What are the economic consequences to U.S. natives of the growing diversity of American cities? Is their productivity or utility affected by cultural diversity as measured by diversity of countries of birth of U.S. residents? We document in this paper a very robust correlation: US-born citizens...

Persistent link: https://www.econbiz.de/10013324021

The Term Structure of Equity Risk Premia

Bansal, Ravi - 2019

We use traded equity dividend strips from U.S., Europe, and Japan from 2004-2017 to study the slope of the term … sample, as is the case in the data sample from Europe and Japan. In sum, our analysis shows that the empirical evidence in …

Persistent link: https://www.econbiz.de/10012889957

Eliminating the Pass-Through : Towards FDI Statistics that Better Capture the Financial and Economic Linkages between Countries

Borga, Maria - 2018

FDI plays a central role in managing global production networks, but FDI statistics also reflect other factors, including tax avoidance, that make it difficult to differentiate between FDI for “long-term” investments that serves as a source of growth and FDI that is purely financial and has...

Persistent link: https://www.econbiz.de/10012911079

Long-Term Changes in Married Couples' Labor Supply and Taxes : Evidence from the Us and Europe Since the 1980s

Bick, Alexander - 2018

We document the time-series of employment rates and hours worked per employed by married couples in the US and seven European countries (Belgium, France, Germany, Italy, the Netherlands, Portugal, and the UK) from the early 1980s through 2016. Relying on a model of joint household labor supply...

Persistent link: https://www.econbiz.de/10012911481

Underemployment in the Us and Europe

Bell, David N.F. - 2018

Large numbers of part-time workers around the world, both those who choose to be part-time and those who are there involuntarily and would prefer a full-time job report they want more hours. Full-timers who say they want to change their hours mostly say they want to reduce them. When recession...

Persistent link: https://www.econbiz.de/10012912515

Compulsory Schooling Laws and Formation of Beliefs : Education, Religion and Superstition

Mocan, Naci H. - 2014

We exploit information on compulsory schooling reforms in 11 European countries, implemented mostly in the 1960s and 70s, to identify the impact of education on religious adherence and religious practices. Using micro data from the European Social Survey, conducted in various years between 2002...

Persistent link: https://www.econbiz.de/10013046157

From Empty Pews to Empty Cradles : Fertility Decline Among European Catholics

Berman, Eli - 2012

Catholic countries of Europe pose a demographic puzzle -fertility is unprecedentedly low (total fertility=1.3) despite …

Persistent link: https://www.econbiz.de/10013101277

The Rise of the Low Carbon Consumer City

Holian, Matthew John - 2013

Urban density both facilitates consumption opportunities and encourages individuals to drive less and walk and use public transit more. Using several data sets, we document that high quality of life consumer center cities are low carbon cities. We discuss possible causal channels for this...

Persistent link: https://www.econbiz.de/10013087788

A Century of Missing Trade?

Estevadeordal, Antoni; Taylor, Alan M. - 2021

In contemporary data, the measured factor content of trade is far smaller than its predicted magnitude in the pure Heckscher-Ohlin-Vanek framework, the so-called 'missing trade' mystery. We wonder if this problem has been there from the beginning: that is, we ask if the Heckscher-Ohlin theory...

Persistent link: https://www.econbiz.de/10013243367

Cross-Country Inequality Trends

Acemoglu, Daron - 2021

much less, in (continental) Europe over the same time period. I review the two most popular explanations for these … differential trends: that relative supply of skills increased faster in Europe, and that European labor market institutions … where labor market institutions creating wage compression in Europe also encourage more investment in technologies …

Persistent link: https://www.econbiz.de/10013246486