Joram Mayshar, Omer Moav, Zvika Neeman and Luigi Pascali find that one consistent difference between farming societies that developed complex hierarchies and those that did not was whether those societies relied on cereal grains or roots and tubers.
Career concerns are particularly relevant in the legal profession since the variance in lawyers’ earnings is large. Moreover, differences in perceived talents are a substantial determinant of the abovementioned variance. Rosa Ferrer studies how career concerns influence effort levels, litigants’ strategic interactions, and the role of the difficulty of the case as a multiplier of the career concerns implicit incentive.
Are American-style megacities or European-style urban networks the best development path for urbanizing countries like China? Can Europe’s relatively smaller cities compete with the world’s megacities by improving the transportation and communication links between them? Edward Glaeser, Giacomo Ponzetto, and Yimei Zou develop a theory of the flow of ideas within and between cities and discuss the factors that may favor consolidation into a dominant megalopolis over the balanced growth of a network of smaller cities.
A new study by Lídia Farré, Francesco Fasani, and Hannes Mueller suggests that an increase in the unemployment rate, caused by the collapse of the Spanish construction sector, led to a drastic increase in mental disorders.
Albert Marcet talks about the objectives, challenges, and initial findings of his ERC Advanced Grant Project.
Could the massive wartime debt accumulated by Britain’s government in the 18th and 19th centuries have helped the country industrialize first and become the world’s leading economy? Given the customary association of debt with dissipation and ruin, this may come across as an unlikely proposition, yet this is exactly the story that Jaume Ventura and Hans-Joachim Voth have found in the historical evidence.