Rising wealth inequality is both a topic in recent policy discussion and in the social sciences. Despite the general interest in wealth concentration, we know only little about the largest privately held fortunes. To help fill this gap we analyze the historical origins of Germany's 1,032 largest...

Die zunehmende Vermögensungleichheit wird sowohl in aktuellen politischen Debatten als auch in den Sozialwissenschaften diskutiert. Trotz des breiten Interesses an der Vermögenskonzentration wissen wir bislang jedoch nur wenig über die größten Privatvermögen. Daher untersuchen wir die...

Citizens and politicians rely on their knowledge of a pension system, particularly its redistributive features, when forming their preferences and evaluating its fairness. Taking advantage of the Bismarckian rule of proportionality in Germany, we provide experimental and survey-based evidence...

This paper investigates whether elite interconnections contribute to unethical behavior. It aims to present a clear explanation of how these connections are established, analyze the presence of unethical conduct within them, and assess their impact on the economy and societal welfare. This paper...

This study argues that urbanization changed the relationship between the occupation of candidates running in parliamentary elections and their electoral success. To identify local-level variation in urbanization, we leverage exogenous changes to the boundaries of electoral constituencies in the...

Mozambique is becoming recognised as an emerging hub for cocaine trafficking, with links stretching back to Brazil. The arrest of a well-known associate of Brazil's Primeiro Comando da Capital (PCC) suggests the emergence of a new 'lusophone route' driven by the group. Mozambique's connection to...

This study argues that urbanization changed the relationship between the occupation of candidates running in parliamentary elections and their electoral success. To identify local-level variation in urbanization, we leverage exogenous changes to the boundaries of electoral constituencies in the...

Bai et al. (2023) examine the impact of individual networks on state building, focusing on the role of the leader Zeng Guofan during the Taiping Revolution in China between 1850 and 1864. In their main results, the authors demonstrate that being connected to Zeng increases the number of...

We study the effect of political regime change on higher education and its distributional and political consequences. We focus on the 1973 coup that brought Augusto Pinochet to power in Chile. The Pinochet dictatorship's aims of political control and fiscal conservatism led to a large reduction...

Can name analysis be used to study elite persistence in African contexts? Taking Sierra Leone as a case study, we use surnames to measure how two historical elites (descendants of settlers that comprise Sierra Leone's Krio community and members of Chiefly Ruling Houses) have fared over the...

We introduce a dynamic model that investigates the persistence and evolution of elite-dominated societies, where inherited political capital determines one's social standing. Our analysis highlights the critical role of the distribution of exit options in the evolution of political inclusiveness...

How deep are the roots of Latin America's economic inequalities? In this chapter we survey both the history and the literature about the region's extreme economic disparities, focusing on the most recent academic contributions. We begin by documenting the broad patterns of national and...

Can name analysis be used to study elite persistence in African contexts? Taking Sierra Leone as a case study, we use surnames to measure how two historical elites (descendants of settlers that comprise Sierra Leone's Krio community and members of Chiefly Ruling Houses) have fared over the...

Development effectiveness is an ever-growing concern for development partners. Particularly in a world of increasing budget constraints and trade-offs, it is crucial for development partners to maximize the results of any development intervention. While the importance of a locally-led approach...

Why do public policies change little over time in individual places, sometimes for centuries? We investigate different mechanisms for policy persistence. Several city mayors serving in democratic Weimar Germany were expelled by the Nazis in 1933, but re-installed by the Allies after World War...

In this paper, we study the extent to which ministers engage in regional favoritism. We are the first to provide a comprehensive analysis of a larger set of the governing elite, not just focusing on the primary leader. We manually collect birthplaces of this governing elite globally. Combining...

Unequal representation can result from politicians' biased perception of public opinion. Existing research has focused on the numerical accuracy with which politicians estimate preferences distributions in surveys. This method ignores politicians' broader assumptions about public preferences;...

We study the selection of the political elite in an autocratic state. Using detailed CV data on potential politicians in the German Democratic Republic, we track and quantify the position of individuals in the state hierarchy over time and exploit exogenous connections between individuals that...

With the continuous upgrading of industrial technology and information technology, consumers can deeply participate in the whole life cycle of products and realize customized production. These unprecedented changes have brought consumers and manufacturers closer together, resulting in the...