Sökning: "Matti Mitrunen"
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1. Essays on the Political Economy of Development
Sammanfattning : Structural Change and Intergenerational Mobility: Evidence from the Finnish War ReparationsThis paper presents evidence that government industrial policy can promote new industries, move labor out of agriculture into manufacturing, and have long-term effects via increased human capital accumulation and upward mobility. I use plausibly exogenous variation generated by the Finnish war reparations (1944-1952) that forced the largely agrarian Finland to give 5% of its yearly GDP to the Soviet Union in the form of industrial products. LÄS MER