Results 131 to 140 of about 17,921 (317)

The War of the Pacific and Chilean public revenues: Reallocation of the tax burden and institutional change

open access: yesThe Economic History Review, EarlyView.
Abstract A substantial body of literature has considered warfare a fundamental driver of fiscal capacity. We argue that the nature of the tax base available to governments can either foster or constrain the ability and incentives of central elites to impose their legitimacy once the war is over.
Oriol Sabaté, José Peres‐Cajías
wiley   +1 more source

Wealth inequality and epidemics in the Republic of Venice (1400–1800)

open access: yesThe Economic History Review, EarlyView.
Abstract This article analyses wealth inequality in the Republic of Venice during 1400–1800. The availability of a large database of homogeneous inequality measurements allows us to produce the most in‐depth study of the factors affecting inequality at the local level available thus far for any preindustrial society.
Guido Alfani   +2 more
wiley   +1 more source

Cohesion Policy and Institutional Quality Impact: Does Urban–Rural Classification Matter?

open access: yesJCMS: Journal of Common Market Studies, EarlyView.
Abstract This study examines the impact of Cohesion Policy, and institutional quality, on regional economic performance across NUTS2 regions in 27 EU member states from 2007 to 2022. Average per capita Cohesion Policy payments are much higher in less developed regions, showing the policy focus on supporting lagging areas.
Wajid Ali   +2 more
wiley   +1 more source

Local Networks and New Business Formation

open access: yesJournal of Economics &Management Strategy, EarlyView.
ABSTRACT New business formation is a key driver of regional transformation and development. While we know that a region's attractiveness for new businesses depends on its resources, infrastructure, and human capital, we know little about the role of local business networks in promoting or impeding the birth of new firms.
Lena Füner   +3 more
wiley   +1 more source

Imitation of Location Choices for Foreign Investments: The Role of Subnational Foreign Locations' Cultural Tightness

open access: yesJournal of Management Studies, EarlyView.
Abstract Firms are known to commonly imitate peers' foreign investment location choices. We shed further light on this phenomenon by exploring the role of foreign locations' cultural tightness, which refers to the prevalence of social norms in a location and the tolerance for deviance from them.
Arjen H. L. Slangen   +3 more
wiley   +1 more source

Extreme‐weather risk and the cross‐section of stock returns

open access: yesJournal of Risk and Insurance, EarlyView.
Abstract We document an extreme‐weather risk premium in the cross‐section of stock returns. Between 1995 and 2019, stocks of domestic U.S. firms with the most negative sensitivity to aggregate storm losses earned an annual excess‐return spread of more than 6 percentage points relative to those with the most positive sensitivity, a difference not ...
Alexander Braun   +2 more
wiley   +1 more source

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