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- 2024
- Working Paper
Economic Integration and the Transmission of Democracy
By: Marco Tabellini and Giacomo Magistretti
In this paper, we study the effects of economic integration with democratic partners
on democracy. We assemble a large country-level panel dataset from 1960 to 2015, and
exploit improvements in air, relative to sea, transportation to derive a time-varying
instrument...
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Keywords:
Democratization;
Institutional Development;
Economic Integration;
International Trade;
Democracy;
Political Preferences;
Institutions;
Trade;
Global Range;
Economics;
Government and Politics
Tabellini, Marco, and Giacomo Magistretti. "Economic Integration and the Transmission of Democracy." Harvard Business School Working Paper, No. 19-003, July 2018. (Revised March 2024. Available also from VOX, VOXEU, Atlantico, The Economist, Domani, and Ideas for India. Longer NBER working paper version available here. Conditionally accepted at the Review of Economic Studies.)
- 2023
- Working Paper
The Seeds of Ideology: Historical Immigration and Political Preferences in the United States
By: Paola Giuliano and Marco Tabellini
We study the long run effects of immigration on American political ideology. Exploiting cross-county variation in the presence of European immigrants between 1900 and 1930, we establish a novel result: historical European immigration is associated with stronger...
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Keywords:
Political Ideology;
Preferences For Redistribution;
Cultural Transmission;
Immigration;
History;
Values and Beliefs;
Welfare;
United States
Giuliano, Paola, and Marco Tabellini. "The Seeds of Ideology: Historical Immigration and Political Preferences in the United States." Harvard Business School Working Paper, No. 20-118, May 2020. (Revised June 2023. Revise and resubmit at the Journal of the European Economic Association. Available also from VOX, UCLA Anderson Review, Weekendavisen, Cato Institute, Luxembourg Institute of Socio-Economic Research (LISER), World Financial Review, and Newsweek.)
- 2022
- Working Paper
Distributional Consequences of Monetary Policy Across Races: Evidence from the U.S. Credit Register
By: Laura Alfaro, Ester Faia and Camelia Minoiu
We examine the consequences of monetary policy on racial disparities, focusing on the role of bank lending to firms through collateral and selection channels. Leveraging comprehensive loan-level data from the U.S. credit register (Y-14Q) of the Federal Reserve, we show...
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Keywords:
Monetary Policy Transmission;
Inequity;
Credit Registry;
Wealth;
Collateral Channel;
Selection;
Racial Disparity;
Racial Inequality;
Equality and Inequality;
Banks and Banking;
Credit;
Governing Rules, Regulations, and Reforms;
Banking Industry;
United States
Alfaro, Laura, Ester Faia, and Camelia Minoiu. "Distributional Consequences of Monetary Policy Across Races: Evidence from the U.S. Credit Register." Harvard Business School Working Paper, No. 22-068, April 2022.
- 07 Aug 2018
- Working Paper Summaries
Economic Integration and Democracy: An Empirical Investigation
- 2021
- Chapter
The Economic and Political Effects of Immigration: Evidence from the Age of Mass Migration
By: Marco Tabellini
Between 1850 and 1920, during the Age of Mass Migration, more than 30 million Europeans moved to the United States. European immigrants provided ample supply of cheap labor as well as specific skills and know-how, contributing to American economic growth. These...
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Keywords:
Age Of Mass Migration;
Political Ideology;
Political Economy;
Assimilation;
Immigration;
Economics;
History;
United States
Tabellini, Marco. "The Economic and Political Effects of Immigration: Evidence from the Age of Mass Migration." In Oxford Research Encyclopedia of Economics and Finance, edited by Jonathan H. Hamilton. Oxford University Press, 2021. Electronic.
- 19 Sep 2023
- Blog Post
2023 Summer Internships in Business & Environment
Service is a branch of the U.S Department of the Interior, responsible for preserving natural and cultural resources for the American people. Rhea supported the Submerged Resources Center, the NPS’ national dive program. This team helps...
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- Web
The Disruptive Voice - Forum for Growth & Innovation
“Kaufmanisms” (for instance, never try to teach a pig to sing; good judgment comes from experience and experience comes from bad judgement; if you can’t hide it, feature it; and culture eats strategy for breakfast every morning!), along...
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- 02 Sep 2021
- News
Back to School
social and emotional needs of students. And we have guidance from the CDC, of course. The ultimate framework we’re working to create will empower districts to make the right decisions for what’s going on in their community, given View Details
Keywords:
Julia Hanna
- 12 Nov 2021
- News
Alumni Business Leaders on Confronting the Climate Change Challenge
imperative that we engage immediately with each of these challenges—individually and collectively. The decisions we make about how to manage our investments, our business operations, our supply chains, our people, and our corporate View Details
- 03 Dec 2015
- Op-Ed
How "New Nuclear" Power Could Save the Planet—If Regulators Would Allow It
States but around the world that hamper rapid iteration and experimentation in the product development process. This, in turn, stifles innovation, scares off private investors and creates an industry-regulatory culture that has grown to...
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- 20 Oct 2015
- First Look
October 20, 2015
fluctuations. We first exposit that in the presence of Cobb-Douglas production functions and consumer preferences, there is a specific pattern of economic transmission whereby demand-side shocks propagate upstream (to input-supplying...
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Keywords:
Sean Silverthorne
- 04 Apr 2005
- What Do You Think?
Can an Organization’s “Deep Smarts” Be Preserved?
and retain some of their knowledge. It's not rocket science." Among more specific proposals, Sharon Richmond suggests an antidote to the Violette objection by suggesting that "Rather than relying only on private, one-to-one View Details
Keywords:
by James Heskett
- 14 Dec 2015
- News
A Leader’s Call to Action
$1.5 billion in assets and approximately $450 million in annual revenue, Dairyland Power employs more than 550 people and owns more than 3,000 miles of transmission lines. It’s an opportunity Nick didn’t want to pass up, as she’d just...
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Keywords:
Margie Kelley
- 21 Aug 2012
- First Look
First Look: August 21
ability distributions as endogenous to current taxes. We model this endogeneity, calibrate the model to match estimates of the intergenerational transmission of earnings ability in the United States, and use the model to simulate optimal...
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Keywords:
Sean Silverthorne
- 25 Sep 2000
- Research & Ideas
Cyber-Marketing: Scouting the Digital Communications Frontier
television brings people together and lets advertisers build giant brands and promote broad cultural trends, the Web segments the audience into small pockets of interest. Mass marketers have a whole new game to learn if they aspire to...
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Keywords:
by Peter K. Jacobs
- 26 Jul 2016
- First Look
July 26, 2016
excellence with high-volume experts. Finally, we need better health information technology systems to facilitate knowledge transmission and communication. Publisher's link: https://pubwww.hbs.edu/faculty/Pages/item.aspx?num=51385 forthcoming...
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Sean Silverthorne
- 01 Jun 2004
- News
Life Lessons
cultural and political perspective.” Next she was admitted to the prestigious University of the Witwatersrand where, in 1996, she became the first black woman to graduate from the school of chemical engineering; she now sits on the...
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- 09 Sep 2008
- First Look
First Look: September 9, 2008
distribution, pooled intra-organizational coordination, and agency relationships—result in a trade-off between centralized and dispersed growth strategies. Which strategy prevails depends on how policy—enabling branching interacts with technological, economic, and...
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Keywords:
Sean Silverthorne
- 06 Dec 2021
- News
December 2021 Alumni and Faculty Books
that many West German spies have been compromised and cannot determine which intelligence reports to believe. Can he find a way to intercept Russian intelligence transmissions from East Berlin to Moscow? No Bullsh!t Leadership By Martin...
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- 01 Apr 1997
- News
Facing the Music
after graduation. Privately owned Rounder Records in Cambridge, Massachusetts, for example, which specializes in what Paul Knutson calls "roots-based" music, such as bluegrass and folk, will sometimes sign an act even if it knows it will lose money. "Rounder is not...
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Keywords:
Marguerite Rigoglioso