* 4015 Results

Large-scale agricultural investments (LSAIs) typically depend on strong formal institutions and market-oriented intensive farming, whereas informal institutions tend to characterize the traditional villages located around them. We investigate changes...

This article investigates whether China’s foreign aid is particularly prone to capture by political leaders of aid-receiving countries. We examine whe

We use a double-calibrated general equilibrium model to decompose the growth of the high-skilled wage premium in the UK from 1979 to 2000 into a range o

This paper analyzes Germany’s unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labo

If the monetary authority lacks commitment, a monetary union can dominate flexible exchange rates. With forward-looking staggered pricing, inertia in th

The literature on economic systems and corresponding empirical studies have largely focused on a classification for developed countries, while other world regions have only partly been included and/or not compared to established OECD prototypes on an...

We exploit employment data from 10,528 parishes across nineteenth century England and Wales and find that a one standard deviation increase in finance e

This paper uses firm-level survey for more than 100 countries to examine whether firms’ female managers or female owners were better at bringing innov

We establish a causal role for banking access in the spread of the Industrial Revolution over the period 1817–1881 by exploiting unique employment data from 10,528 parishes across England and Wales and a novel instrument. We estimate that a one...