This research explores the economic causes and consequences of language structures. It advances the hypothesis and establishes empirically that variations in pre-industrial geographical characteristics that were conducive to higher returns to agricultural investment, gender gaps in agricultural...

This research studies the dynamic interplay between the evolution of risk attitudes and the process of economic development. This is achieved by integrating an endogenous growth model with a cultural transmission mechanism that captures how parents shape the risk attitudes of their children in...

This research studies the dynamic interplay between the evolution of risk attitudes and the process of economic development. This is achieved by integrating an endogenous growth model with a cultural transmission mechanism that captures how parents shape the risk attitudes of their children in...

The term Elite is originally from the Latin, elites which means "to elect". The elites are a relatively small dominant group within a large society, which enjoys a privileged status in comparison to other individuals' status in the society. The word Elite was used in seventeenth century to...

This research analyzes the effects of an informal exclusionary institution on local socio-economic outcomes. Specifically, focusing on the Afro-descendant population, it analyzes the effects of the informal institution of racial exclusion on local socio-economic outcomes in Colombia in the late...