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  1. Weber revisited: the protestant ethic and the spirit of nationalism
    Autor*in: Kersting, Felix; Wohnsiedler, Iris; Wolf, Nikolaus
    Erschienen: 29 June 2020
    Verlag:  Centre for Economic Policy Research, London

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    Universitätsbibliothek Mannheim
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    Schriftenreihe: Array ; DP14963
    Umfang: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  2. Weber revisited
    the protestant ethic and the spirit of nationalism
    Autor*in: Kersting, Felix; Wohnsiedler, Iris; Wolf, Nikolaus
    Erschienen: July 2020
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    We revisit Max Weber's hypothesis on the role of Protestantism for economic development. We show that nationalism is crucial to both, the interpretation of Weber's Protestant Ethic and empirical tests thereof. For late nineteenth-century Prussia we... mehr

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    We revisit Max Weber's hypothesis on the role of Protestantism for economic development. We show that nationalism is crucial to both, the interpretation of Weber's Protestant Ethic and empirical tests thereof. For late nineteenth-century Prussia we reject Weber's suggestion that Protestantism mattered due to an "ascetic compulsion to save". Moreover, we find that income levels, savings, and literacy rates differed be-tween Germans and Poles, not between Protestants and Catholics, using pooled OLS and IV regressions. We suggest that this result is due to anti-Polish discrimination.

     
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    hdl: 10419/223493
    Schriftenreihe: CESifo working paper ; no. 8421 (2020)
    Umfang: 1 Online-Ressource (circa 47 Seiten), Illustrationen
  3. Income misperception and populism
    Autor*in: Albers, Thilo N. H.; Kersting, Felix; Kosse, Fabian
    Erschienen: October 2022
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    We propose that false beliefs about the own current economic status are an important factor for explaining populist attitudes. Along with the subjects' receptiveness to right-wing populism, we elicit their perceived relative income positions in a... mehr

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    We propose that false beliefs about the own current economic status are an important factor for explaining populist attitudes. Along with the subjects' receptiveness to right-wing populism, we elicit their perceived relative income positions in a representative survey of German households. We find that people with pessimistic beliefs about their income position are more attuned to populist statements. Key to understanding the misperception-populism relationship are strong gender differences in the mechanism: Misperception triggers income dissatisfaction for both men and women, but the former are much more likely to channel their discontent into affection for populist ideas.

     
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    hdl: 10419/267410
    Schriftenreihe: Discussion paper series / IZA ; no. 15673
    Schlagworte: perception; income; populism
    Umfang: 1 Online-Ressource (circa 28 Seiten), Illustrationen
  4. Income misperception and populism
    Autor*in: Albers, Thilo N. H.; Kersting, Felix; Kosse, Fabian
    Erschienen: November 2022
    Verlag:  CESifo, Munich, Germany

    We propose that false beliefs about the own current economic status are an important factor for explaining populist attitudes. Along with the subjects’ receptiveness to right-wing populism, we elicit their perceived relative income positions in a... mehr

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    We propose that false beliefs about the own current economic status are an important factor for explaining populist attitudes. Along with the subjects’ receptiveness to right-wing populism, we elicit their perceived relative income positions in a representative survey of German households. We find that people with pessimistic beliefs about their income position are more attuned to populist statements. Key to understanding the misperception-populism relationship are strong gender differences in the mechanism: Misperception triggers income dissatisfaction for both men and women, but the former are much more likely to channel their discontent into affection for populist ideas.

     
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    Weitere Identifier:
    hdl: 10419/267292
    Schriftenreihe: CESifo working papers ; 10059 (2022)
    Schlagworte: perception; income; populism
    Umfang: 1 Online-Ressource (circa 28 Seiten), Illustrationen
  5. Welfare reform and repression in an autocracy
    Bismarck and the socialists
    Autor*in: Kersting, Felix
    Erschienen: [2022]
    Verlag:  European Historical Economics Society, [Europa]

    Can autocratic governments gain support by implementing a welfare reform and a repressive law? This paper studies a famous case - Bismarck's policies of social insurance and the antisocialist law in late 19th century Germany. The socialist party, I... mehr

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    Can autocratic governments gain support by implementing a welfare reform and a repressive law? This paper studies a famous case - Bismarck's policies of social insurance and the antisocialist law in late 19th century Germany. The socialist party, I find, increases its vote share in constituencies more affected by Bismarck's policies. For identification, I exploit local and industry-specific variation in treatment intensity due to ex-ante existing local healthcare and detailed lists on forbidden socialist organizations. This variation allows me to use a flexible difference-in-differences as well as a shift-share approach. As mechanisms, I highlight that the socialist party evaded the repression by reallocating their activity and gained from the social insurance by claiming the credits for the welfare reform and providing a local cooperative alternative.

     
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    Schriftenreihe: EHES working paper ; no. 227 (September 2022)
    Schlagworte: welfare reform; repression; social democracy; opposition; voting,autocracy
    Umfang: 1 Online-Ressource (circa 59 Seiten), Illustrationen
  6. Income misperception and populism
    Autor*in: Albers, Thilo N. H.; Kersting, Felix; Kosse, Fabian
    Erschienen: [2022]
    Verlag:  German Socio-Economic Panel (SOEP), DIW Berlin, Berlin, Germany

    We propose that false beliefs about the own current economic status are an important factor for explaining populist attitudes. Along with the subjects' receptiveness to rightwing populism, we elicit their perceived relative income positions in a... mehr

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    We propose that false beliefs about the own current economic status are an important factor for explaining populist attitudes. Along with the subjects' receptiveness to rightwing populism, we elicit their perceived relative income positions in a representative survey of German households. We find that people with pessimistic beliefs about their income position are more attuned to populist statements. Key to understanding the misperceptionpopulism relationship are strong gender differences in the mechanism: Misperception triggers income dissatisfaction for both men and women, but the former are much more likely to channel their discontent into affection for populist ideas.

     
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    Weitere Identifier:
    hdl: 10419/268714
    Schriftenreihe: SOEPpapers on multidisciplinary panel data research ; 1177 (2022)
    Schlagworte: perception; income; populism
    Umfang: 1 Online-Ressource (circa 28 Seiten), Illustrationen
  7. Testing marx. capital accumulation, income inequality, and socialism in late nineteenth-century Germany
    Autor*in: Bartels, Charlotte; Kersting, Felix; Wolf, Nikolaus
    Erschienen: 20 February 2023
    Verlag:  Centre for Economic Policy Research, London

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    Universitätsbibliothek Mannheim
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    Schriftenreihe: Array ; DP17925
    Schlagworte: Income Inequality; Concentration; Top Incomes; Capital Share; Capital Accumulation
    Umfang: 1 Online-Ressource (circa 70 Seiten), Illustrationen
  8. Testing Marx
    Autor*in: Bartels, Charlotte; Kersting, Felix; Wolf, Nikolaus
    Erschienen: [2023]
    Verlag:  Collaborative Research Center Transregio 190, [München]

    We study the dynamics of capital accumulation, income inequality, capital concentration, and voting up to 1914. Based on new panel data for Prussian regions, we re-evaluate the famous Revisionism Debate between orthodox Marxists and their critics. We... mehr

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    We study the dynamics of capital accumulation, income inequality, capital concentration, and voting up to 1914. Based on new panel data for Prussian regions, we re-evaluate the famous Revisionism Debate between orthodox Marxists and their critics. We show that changes in capital accumulation led to a rise in the capital share and income inequality, as predicted by orthodox Marxists. But against their predictions, this did neither lead to further capital concentration nor to more votes for the socialists. Instead, trade unions and strike activity limited income inequality and fostered political support for socialism, as argued by the Revisionists.

     
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    Schriftenreihe: Discussion paper / Rationality & Competition, CRC TRR 190 ; no. 374 (January 24, 2023)
    Schlagworte: income inequality; concentration; top incomes; capital share; capital accumulation
    Umfang: 1 Online-Ressource (circa 68 Seiten), Illustrationen
  9. Mimicking the opposition
    Bismarck's welfare state and the rise of the socialists
    Autor*in: Kersting, Felix
    Erschienen: [2023]
    Verlag:  Collaborative Research Center Transregio 190, [München]

    This paper examines the consequences of a government mimicking the policy of its competitor by studying the introduction of the welfare state in 19th century Germany. The reform conducted by the conservative government targeted blue-collar workers... mehr

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    This paper examines the consequences of a government mimicking the policy of its competitor by studying the introduction of the welfare state in 19th century Germany. The reform conducted by the conservative government targeted blue-collar workers and aimed to reduce the success of the socialist party. The result based on a difference-in-differences design shows that the socialist party benefited in elections due to the reform. The analysis of the mechanism points to the socialist's issue ownership by strengthening its reform orientation, which voters followed. The results are not driven by other political and economic channels related to the reform.

     
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    Schriftenreihe: Discussion paper / Rationality & Competition, CRC TRR 190 ; no. 448 (November 09, 2023)
    Schlagworte: welfare state; socialism; government; opposition; issue ownership; voting behavior,Germany
    Umfang: 1 Online-Ressource (circa 54 Seiten), Illustrationen
  10. On the origins of national identity
    german nation-building after Napoleon
    Autor*in: Kersting, Felix; Wolf, Nikolaus
    Erschienen: 01 July 2021
    Verlag:  Centre for Economic Policy Research, London

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    Universitätsbibliothek Mannheim
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    Schriftenreihe: Array ; DP16314
    Schlagworte: National identity; Prussia; Germany; First Names; Nation-Building
    Umfang: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  11. CEO compensation
    evidence from the field
    Autor*in: Kersting, Felix; Wolf, Nikolaus
    Erschienen: 01 July 2021
    Verlag:  Centre for Economic Policy Research, London

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    Universitätsbibliothek Mannheim
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    Schriftenreihe: Array ; DP16315
    Schlagworte: National identity; Prussia; Germany; First Names; Nation-Building
    Umfang: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  12. Trade shocks, labour markets and elections in the first globalisation
    Autor*in: Bräuer, Richard; Hungerland, Wolf-Fabian; Kersting, Felix
    Erschienen: [08. Oktober 2021]
    Verlag:  Halle Institute for Economic Research (IWH), Member of the Leibniz Association, Halle (Saale), Germany

    This paper studies the economic and political effects of a large trade shock in agriculture – the grain invasion from the Americas – in Prussia during the first globalisation (1871-1913). We show that this shock accelerated the structural change in... mehr

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    Universitäts- und Landesbibliothek Sachsen-Anhalt / Zentrale
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    This paper studies the economic and political effects of a large trade shock in agriculture – the grain invasion from the Americas – in Prussia during the first globalisation (1871-1913). We show that this shock accelerated the structural change in the Prussian economy through migration of workers to booming cities. In contrast to studies using today’s data, we do not observe declining per capita income and political polarisation in counties affected by foreign competition. Our results suggest that the negative and persistent effects of trade shocks we see today are not a universal feature of globalisation, but depend on labour mobility. For our analysis, we digitise data from Prussian industrial and agricultural censuses on the county level and combine it with national trade data at the product level. We exploit the cross-regional variation in cultivated crops within Prussia and instrument with Italian trade data to isolate exogenous variation.

     
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    hdl: 10419/243169
    Schriftenreihe: IWH-CompNet Discussion Papers ; 2021, no. 4 (October 2021)
    Schlagworte: agriculture; elections; Germany; globalisation; import competition; labour market; migration; Prussia; trade shock
    Umfang: 1 Online-Ressource (III, 44 Seiten, 3,99 MB), Diagramme, Illustrationen
  13. Testing Marx
    income inequality, concentration, and socialism in late 19th century Germany
    Autor*in: Bartels, Charlotte; Kersting, Felix; Wolf, Nikolaus
    Erschienen: [2021]
    Verlag:  European Historical Economics Society, [Europa]

    We study the dynamics of income inequality, capital concentration, and voting outcomes before 1914. Based on new panel data for Prussian counties and districts we re-evaluate the key economic debate between Marxists and their critics before 1914. We... mehr

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    We study the dynamics of income inequality, capital concentration, and voting outcomes before 1914. Based on new panel data for Prussian counties and districts we re-evaluate the key economic debate between Marxists and their critics before 1914. We show that the increase in inequality was strongly correlated with a rising capital share, as predicted by Marxists at the time. In contrast, rising capital concentration was not associated with increasing income inequality. Relying on new sector×county data, we show that increasing strike activity worked as an offsetting factor. Similarly, the socialists did not directly benefit from rising inequality at the polls, but from the activity of trade unions. Overall, we find evidence for a rise in the bargaining power of workers, which limited the increase in inequality before 1914.

     
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    hdl: 10419/247141
    Schriftenreihe: EHES working paper ; no. 211 (March 2021)
    Schlagworte: Income Inequality; Concentration; Top Incomes; CapitalShare; Germany
    Umfang: 1 Online-Ressource (circa 56 Seiten), Illustrationen
  14. Weber revisited
    the protestant ethic and the spirit of nationalism
    Autor*in: Kersting, Felix; Wohnsiedler, Iris; Wolf, Nikolaus
    Erschienen: [2019]
    Verlag:  Collaborative Research Center Transregio 190, Munich, Germany

    We revisit Max Weber's hypothesis on the role of Protestantism for economic development. We show that nationalism is crucial to both, the interpretation of Weber's Protestant Ethic and empirical tests thereof. For late 19th century Prussia we reject... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    DS 553
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    keine Fernleihe

     

    We revisit Max Weber's hypothesis on the role of Protestantism for economic development. We show that nationalism is crucial to both, the interpretation of Weber's Protestant Ethic and empirical tests thereof. For late 19th century Prussia we reject Weber's suggestion that Protestantism mattered due to an "ascetic compulsion to save". Moreover, we find that income levels, savings, and literacy rates differed between Germans and Poles, not between Protestants and Catholics using pooled OLS and IV regressions as well as IV mediation analysis. We suggest that this result is due to anti-Polish discrimination.

     
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    Sprache: Englisch
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    Weitere Identifier:
    hdl: 10419/222096
    Schriftenreihe: Discussion paper / Rationality & Competition, CRC TRR 190 ; no. 199 (November 12, 2019)
    Umfang: 1 Online-Ressource (circa 39 Seiten), Illustrationen
  15. Income misperception and populism
    Autor*in: Albers, Thilo N. H.; Kersting, Felix; Kosse, Fabian
    Erschienen: June 2023
    Verlag:  Julius-Maximilians-Universität Würzburg, Volkswirtschaftliches Institut, Würzburg

    We propose that false beliefs about own current economic status are an important factor for explaining populist attitudes. Eliciting subjects' receptiveness to rightwing populism and their perceived relative income positions in a representative... mehr

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    We propose that false beliefs about own current economic status are an important factor for explaining populist attitudes. Eliciting subjects' receptiveness to rightwing populism and their perceived relative income positions in a representative survey of German households, we find that people with pessimistic beliefs about their income position are more attuned to populist statements. Key to understanding the misperception-populism relationship are strong gender differences in the mechanism: men are much more likely to channel their discontent into affection for populist ideas. A simple information provision does neither sustainably reduce misperception nor curb populism.

     
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    Weitere Identifier:
    hdl: 10419/274532
    Schriftenreihe: Würzburg economic papers ; 104
    Schlagworte: Perception; Income; Populism
    Umfang: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  16. Trade shocks, labor markets and elections in the first globalization
    Autor*in: Bräuer, Richard; Hungerland, Wolf-Fabian; Kersting, Felix
    Erschienen: [2021]
    Verlag:  Collaborative Research Center Transregio 190, [München]

    This paper studies the economic and political effects of a large trade shock in agriculture – the grain invasion from the Americas – in Prussia during the first globalization (1871-1913). We show that this shock accelerated the structural change in... mehr

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    This paper studies the economic and political effects of a large trade shock in agriculture – the grain invasion from the Americas – in Prussia during the first globalization (1871-1913). We show that this shock accelerated the structural change in the Prussian economy through migration of workers to booming cities. In contrast to studies using today’s data, we do not observe declining per capita income, health outcomes or political polarization in counties aected by foreign competition. Our results suggest that the negative and persistent eects of trade shocks we see today are not a universal feature of globalization, but depend on labor mobility. For our analysis, we digitize data from Prussian industrial and agricultural censuses on the county level and combine it with national trade data at the product level. We exploit the cross-regional variation in cultivated crops within Prussia and instrument with Italian trade data to isolate exogenous variation.

     
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    hdl: 10419/244325
    Schriftenreihe: Discussion paper / Rationality & Competition, CRC TRR 190 ; no. 285 (October 17, 2021)
    Schlagworte: Globalization; import competition; labor market; agriculture; migration; trade shock; elections; Germany; Prussia
    Umfang: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  17. Industrialization, returns, inequality
    Autor*in: Albers, Thilo N. H.; Kersting, Felix; Stieglitz, Timo
    Erschienen: [2023]
    Verlag:  Collaborative Research Center Transregio 190, [München]

    How does revolutionary technological change impact wealth inequality? We turn to the mother of all technological shocks–the Industrial Revolution–and analyze its role for wealth concentration both empirically and theoretically. Based on a novel... mehr

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    How does revolutionary technological change impact wealth inequality? We turn to the mother of all technological shocks–the Industrial Revolution–and analyze its role for wealth concentration both empirically and theoretically. Based on a novel dataset on wealth shares at the level of Prussian counties, we provide causal evidence on the positive effect of industrialization on the top percentile's wealth share and the inequality among top fortunes. We show that this relationship between industrialization, wealth concentration, and tail fattening is consistent with both cross-country data on national wealth distributions and with a new individual-level dataset of Prussian millionaires. We disentangle the mechanisms underlying the observed wealth concentration and tail fattening by introducing a dynamic two-sector structure into an overlapping generations model with heterogeneous returns to capital. In particular, we study the role of sector-specific scale dependence, i.e. the positive correlation of rates of return and wealth in industry, and dynastic type dependence in returns, i.e., the gradual one-directional transition of wealth-holders from the low-return traditional to the high-return industrial sector. The simulations suggest that the combination of these two features explains about half of the total increase of the top-1% share, while the other half resulted from the general increase and higher dispersion of returns induced by the emerging industrial sector.

     
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    Schriftenreihe: Discussion paper / Rationality & Competition, CRC TRR 190 ; no. 462 (November 22, 2023)
    Schlagworte: Rates of return; wealth inequality; industrialization; technology; simulation
    Umfang: 1 Online-Ressource (circa 73 Seiten), Illustrationen
  18. Income misperception and populism
    Autor*in: Albers, Thilo N. H.; Kersting, Felix; Kosse, Fabian
    Erschienen: [2022]
    Verlag:  Collaborative Research Center Transregio 190, [München]

    We propose that false beliefs about the own current economic status are an important factor for explaining populist attitudes. Along with the subjects' receptiveness to right-wing populism, we elicit their perceived relative income positions in a... mehr

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    We propose that false beliefs about the own current economic status are an important factor for explaining populist attitudes. Along with the subjects' receptiveness to right-wing populism, we elicit their perceived relative income positions in a representative survey of German households. We find that people with pessimistic beliefs about their income position are more attuned to populist statements. Key to understanding the misperception-populism relationship are strong gender differences in the mechanism: Misperception triggers income dissatisfaction for both men and women, but the former are much more likely to channel their discontent into affection for populist ideas.

     
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    Sprache: Englisch
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    hdl: 10419/282036
    Schriftenreihe: Discussion paper / Rationality & Competition, CRC TRR 190 ; no. 344 (October 25, 2022)
    Schlagworte: Perception; Income; Populism
    Umfang: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  19. On the origins of national identity
    Autor*in: Kersting, Felix; Wolf, Nikolaus
    Erschienen: [2019]
    Verlag:  Collaborative Research Center Transregio 190, Munich, Germany

    What are the origins of national identity? We extend the model by Alesina et al. (2019) to analyze the incentives of elites to use specific types of identity policies in response to shocks, and the extent to which such policies should be effective.... mehr

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    What are the origins of national identity? We extend the model by Alesina et al. (2019) to analyze the incentives of elites to use specific types of identity policies in response to shocks, and the extent to which such policies should be effective. To elicit changes in identity we use data on first names given in German cities between 1800 and 1875. We show that parents in cities treated by nation building policies responded by choosing first names of German origin for their children. To control for familyspecific confounding factors, we exploit within family variation. We also show that the response can be conditional on cultural distance to the elite. Finally, Germanic first names had remarkable predictive power for behaviour. We find that individuals with Germanic first names made different marriage choices and were more likely to get actively involved and decorated during the German-French War in 1870/71 and the First World War.

     
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    hdl: 10419/222114
    Schriftenreihe: Discussion paper / Rationality & Competition, CRC TRR 190 ; no. 217 (December 13, 2019)
    Umfang: 1 Online-Ressource (circa 37 Seiten), Illustrationen
  20. Coal and blood
    industrialization and the rise of nationalism in Prussia before 1914
    Autor*in: Kersting, Felix
    Erschienen: 2017
    Verlag:  Collaborative Research Center Transregio 190, Munich, Germany

    Industrialization and the rise of nationalism were the two major developments in Germany before the World War I. A novel county-level dataset reveals that industrialization and nationalism measured by membership in the "Kriegervereine'", the biggest... mehr

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    Industrialization and the rise of nationalism were the two major developments in Germany before the World War I. A novel county-level dataset reveals that industrialization and nationalism measured by membership in the "Kriegervereine'", the biggest civil organization at the time, were negatively correlated. Using coal potential as an IV for identification, I find strong evidence for a causal impact of industrialization on nationalism. In order to detect possible mechanisms, a three stage IV regression model produces strong support that migration and trade union membership were crucial factors that linked industrialization and nationalism.

     
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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/185722
    Schriftenreihe: Discussion paper / Rationality & Competition, CRC TRR 190 ; no. 52 (November 2, 2017)
    Umfang: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  21. Ökonomie und Literatur
    Autor*in: Kersting, Felix
    Erschienen: 2014
    Verlag:  Humboldt-Universität zu Berlin, bologna.lab

  22. Ökonomie und Literatur
    Autor*in: Kersting, Felix
    Erschienen: 2014
    Verlag:  Humboldt-Universität zu Berlin, Berlin

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    DDC Klassifikation: Wirtschaft (330)
    Schlagworte: Wirtschaftswissenschaftler; Literatur; Gleichgewichtstheorie; Roman
    Weitere Schlagworte: Smith, Adam (1723-1790)
    Umfang: Online-Ressource
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    In: Abschlussberichte Q-Tutorien - Wintersemester 2013/2014
  23. Ökonomie und Literatur
    Autor*in: Kersting, Felix
    Erschienen: 2014
    Verlag:  Humboldt-Universität zu Berlin, Berlin

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    Schlagworte: Wirtschaftswissenschaftler; Literatur; Gleichgewichtstheorie; Roman
    Weitere Schlagworte: Smith, Adam (1723-1790); Literaturwissenschaft; Q-Torien; Neue Lehre; Wintersemester 2013/14; Forschendes Lernen; Abschlussberichte; bologna.lab; Humboldt-Universität Berlin; Wirtschaftswissenschaft
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    In: Abschlussberichte Q-Tutorien - Wintersemester 2013/2014
  24. Ökonomie und Literatur
    Autor*in: Kersting, Felix
    Erschienen: 2014
    Verlag:  Humboldt-Universität zu Berlin, bologna.lab, Berlin

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    Beteiligt: Deicke, Wolfgang (Hrsg.); Sonntag, Monika (Hrsg.)
    Sprache: Deutsch
    Medientyp: Buch (Monographie)
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    Übergeordneter Titel: Abschlussberichte Q-Tutorien - Wintersemester 2013/2014; ,2014, Seiten 26-30
    Weitere Schlagworte: Literaturwissenschaft; Q-Torien; Neue Lehre; Wintersemester 2013/14; Forschendes Lernen; Abschlussberichte; bologna.lab; Humboldt-Universität Berlin; Wirtschaftswissenschaft; Literatur, Rhetorik, Literaturwissenschaft
    Umfang: 1 Online-Ressource (5 Seiten)
  25. Ökonomie und Literatur
    Autor*in: Kersting, Felix
    Erschienen: 2014
    Verlag:  Humboldt-Universität zu Berlin, bologna.lab