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Tuan Anh Luong, Manh-Hung Nguyen, N.T. Khuong Truong, and Kien Le
vol. 77, March 2023, pp. 326–336
This paper investigates the extent to which individual migration decisions in Vietnam can be driven by climate change, based on the historical rainfall data from 70 weather stations in Vietnam and the Vietnam Access to Resources Household Survey. Utilizing the exogenous variation in the rainfall...
Elias Carroni, Andrea Mantovani, and Antonio Minniti
vol. 138, March 2023, pp. 238–253
This paper examines the signaling role of prices in a context of salient thinking. Consumers cannot observe product quality directly, and they focus on the product attribute – either quality or price – that stands out in the market. Our analysis shows that salience considerations mitigate the...
Jeffrey A. Friedman
vol. 8, n. 1, March 2023
This paper evaluates emerging progressive ideas about U.S. grand strategy. Progressives’ distinctive analytic premise is that structural inequality undermines America’s national interests. To combat this problem, progressives recommend retrenching U.S. primacy in a manner that resembles the grand...
Maxime Derex, and Thomas J. H. Morgan
Jamshid J. Tehrani, Jeremy Kendal, and Rachel Kendal (eds.), Oxford University Press, February 2023
Human adaptation relies on the multigenerational transmission and accumulation of both skills and knowledge. Nonetheless, there is currently no agreement on which factor, or combination of factors, explains our peculiar ability to do so. Theoretical and empirical work, however, has identified many...
Perrin Lefebvre, and David Martimort
February 2023
Stéphane Villeneuve, and Jessica Martin
vol. 46, February 2023, pp. 1–23
What type of delegation contract should be offered when facing a risk of the magnitude of the pandemic we are currently experiencing and how does the likelihood of an exogenous early termination of the relationship modify the terms of a full-commitment contract? We study these questions by...
Sabine Noebel, Antoine Jacquet, Guillaume Isabel, Arnaud Pocheville, Paul Seabright, and Etienne Danchin
vol. 98, n. 1, February 2023, pp. 132–149
Although conformity as a major driver for human cultural evolution is a well-accepted and intensely studied phenomenon, its importance for non-human animal culture has been largely overlooked until recently. This limited for decades the possibility of studying the roots of human culture. Here, we...
Sébastien Gadat, and Fabien Panloup
vol. 156, February 2023, pp. 312–348
Emmanuelle Auriol, Sara Biancini, and Rodrigo Paillacar
vol. 162, n. 106072, February 2023
The paper proposes an empirical analysis of the determinants of the adoption of Intellectual Property Rights (IPR) and their impact on innovation in manufacturing. The analysis is conducted with panel data covering 112 countries. First we show that IPR protection is U-shaped with respect to a...
Silvia Rossetto, Nassima Selmane, and Raffaele Staglianò
vol. 50, n. 1-2, February 2023, pp. 377–410
This study analyzes the relationship between mid-sized blockholders and firm risk. We show that ownership structure matters for firm risk beyond the first largest blockholder. Firms with multiple blockholders take more risk than firms with just one blockholder, even when controlling for the stake...
