This paper discusses the rise to prominence of persistence studies, defined as studies that
use quantitative causal inference to link past events with later economic and political …

Studies on the influence of entrepreneurial role models (peers) on the decision to start a firm
argue that entrepreneurial role models in the local environment (1) provide opportunities to …

Early in the 1950s my parents tired of summer holidays mostly spent on chilly wind-swept
beaches and embarked, with hire car, tents, and four young children, on what was, in the …

Venture Capital (VC) was born and has flourished in the United States, yet it has only
modestly developed in other geographical areas. A vast body of research has been carried …

While the literature on trust has produced various conceptual models, there is also some
confusion concerning different types of trust and their formation. In this article, three …

Many economists now accept that informal institutions and culture play a crucial role in
economic outcomes. Driven by the work of economists like Nobel laureates Douglass North …

German separation in 1949 into a communist East and a capitalist West and their
reunification in 1990 are commonly described as a natural experiment to study the enduring …

Entrepreneurship has been connected to several socio-economic issues. However, despite
the growing conjectures, the links with democracy have yet to be substantiated. By using a …

Trust is a concept that has attracted-significant attention in economic theory and research
within the last two decades: it has been applied in a number of contexts and has been …

We exploit the German separation and later reunification to investigate whether political
regimes can shape attitudes about appropriate roles for women in the family and the labor …