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arXiv: General Economics
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After the fall of the Berlin Wall, Central and Eastern Europe were subject to strong polarisation processes. This article proposes examines two neglected aspects regarding the transition period: a comparative static assessment of foreign trade since 1967 until 2012 and a city-centred analysis of transnational companies in 2013. Results show a growing economic differentiation between the North-West and South-East as well as a division between large metropolises and other cities. These findings ma...
After the Fall of the Berlin Wall, Central Eastern European cities (CEEc) integrated the globalized world, characterized by a core-periphery structure and hierarchical interactions between cities. This article gives evidence of the core-periphery effect on CEEc in 2013 in terms of differentiation of their urban functions after 1989. We investigate the position of all CEEc in transnational company networks in 2013. We examine the orientations of ownership links between firms, the spatial patterns...
This paper shows that the power law property of the firm size distribution is a robust prediction of the standard entry-exit model of firm dynamics. Only one variation is required: the usual restriction that firm productivity lies below an ad hoc upper bound is dropped. We prove that, after this small modification, the Pareto tail of the distribution is predicted under a wide and empirically plausible class of specifications for firm-level productivity growth. We also provide necessary and suffi...
#1Levon Amatuni (LEI: Leiden University)
#2Juudit Ottelin (TKK: Helsinki University of Technology)
Last.José M Mogollón (LEI: Leiden University)H-Index: 15
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Car-sharing platforms provide access to a shared rather than a private fleet of automobiles distributed in the region. Participation in such services induces changes in mobility behaviour as well as vehicle ownership patterns that could have positive environmental impacts. This study contributes to the understanding of the total mobility-related greenhouse gas emissions reduction related to business-to-consumer car-sharing participation. A comprehensive model which takes into account distances t...
This paper investigates the relationships between economic growth, investment in human capital and income equality in Turkey. The conclusion drawn based on the data from the OECD and the World Bank suggests that economic growth can improve income equality depending on the expenditures undertaken by the government. As opposed to the standard view that economic growth and income inequality are positively related, the findings of this paper suggest that other factors such as education and healthcar...
While the benefits of common and public goods are shared, they tend to be scarce when contributions are provided voluntarily. Failure to cooperate in the provision or preservation of these goods is fundamental to sustainability challenges, ranging from local fisheries to global climate change. In the real world, such cooperative dilemmas occur in multiple interactions with complex strategic interests and frequently without full information. We argue that voluntary cooperation enabled across mult...
#1Lin Hu (ANU: Australian National University)
#2Anqi Li (WashU: Washington University in St. Louis)H-Index: 1
Last.Ilya Segal (Stanford University)H-Index: 25
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We study how news personalization affects policy polarization. In a two-candidate electoral competition model, an attention-maximizing infomediary aggregates information about candidate valence into news, whereas voters decide whether to consume news, trading off the expected utility gain from improved expressive voting against the attention cost. Broadcast news attracts a broad audience by offering a symmetric signal. Personalized news serves extreme voters with skewed signals featuring own-par...
Inefficient markets allow investors to consistently outperform the market. To demonstrate that inefficiencies exist in sports betting markets, we created a betting algorithm that generates above market returns for the NFL, NBA, NCAAF, NCAAB, and WNBA betting markets. To formulate our betting strategy, we collected and examined a novel dataset of bets, and created a non-parametric win probability model to find positive expected value situations. As the United States Supreme Court has recently rep...
Many countries embroiled in non-religious civil conflicts have experienced a dramatic increase in religious competition in recent years. This study examines whether increasing competition between religions affects violence in non-religious conflicts. The study focuses on Colombia, a deeply Catholic country that has suffered one of the world's longest-running internal conflicts and, in the last few decades, has witnessed an intense increase in religious competition between the Catholic Church and...
#1Tomas Kala (University of Hradec Králové)
The Total Economic Time Capacity of a Year 525600 minutes is postulated as a time standard for a new Monetary Minute currency in this evaluation study. Consequently, the Monetary Minute MonMin is defined as a 1/525600 part of the Total Economic Time Capacity of a Year. The Value CMonMin of the Monetary Minute MonMin is equal to a 1/525600 part of the GDP, p.c., expressed in a specific state currency C. There is described how the Monetary Minutes MonMin are determined, and how their values CMonMi...
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