Landscape divergence associated with international borders and economic asymmetries

borders in international lakes

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OTHER INTERNATIONAL DEVELOPMENTS Climate Protection without Borders

* Senior Research Fellow at the Max Planck Institute for Research on Collective Goods. This text is the author’s translation of an extract from his article “Internationale Energiepolitik” (“International Energy Policy”), published in the anthology Die Zukunft der Energie (The Future of Energy). If the global climate is to be stabilised to ensure that the average temperature on Earth does not in...

Social Divergence and Economic Performance

Economic Cycles: Asymmetries, Persistence, and Synchronization

Marking upswings and downswings for a time series fytg provides insights that are not immediately obvious, but may be meaningful to academics, policymakers, and the general public. The mean and standard deviation of durations, as well as the amplitude and steepness of a given phase, yield fruitful insights about cycle asymmetries and persistence. Expansions and contractions in one series can th...

Trust, Landscape, and Economic Development

This paper examines the effect of trust on economic development. The key difficulty in estimating a causal effect of trust on economic development, is that it is endogenous to economic development. Therefore, to identify a causal effect from a cultural variable such as trust to economic development, we have to find some exogenous source of variation in trust. This paper estimates the effect of ...