Why is corruption less harmful in some countries than in others?

Why are some Interfaces in Materials Stronger than others?

Grain boundaries (GBs) are often the preferred sites for void nucleation in ductile metals. However, it has been observed that all boundaries do not contribute equally to this process. We present a mechanistic rationale for the role of GBs in damage nucleation in copper, along with a quantitative map for predicting preferred void nucleation at GBs based on molecular dynamics simulations in copp...

Why Do Some Countries Default More Often Than Others? The Role of Institutions

Why Do Some Countries Produce So Much More Output per Worker than Others?

Output per worker varies enormously across countries. Why? On an accounting basis, our analysis shows that differences in physical capital and educational attainment can only partially explain the variation in output per worker — we find a large amount of variation in the level of the Solow residual across countries. At a deeper level, we document that the differences in capital accumulation, p...

Why Is Consumption Less Volatile Than Income?

Why Do Some Universities Generate More Start-ups than Others

The results of this study provide insight into why some universities generate more new companies to exploit their intellectual property than do others. We compare four different explanations for cross-institutional variation in new firm formation rates from university technology licensing offices (TLOs) over the 1994–1998 period—the availability of venture capital in the university area; the co...