associated with inequality adversely affected the emergence of institutions that promote human capital accumulation. The research …

The current research emphasis on institutions as key determinants of economic performance, rather than on resources and … resource productivity, has uncovered important questions for further research. For example, if institutions are central to … institutions? What specific aspects of institutions are responsible for economic performance? This paper suggests that two broad …

The current research emphasis on institutions as key determinants of economic performance has uncovered important … questions for further research. For example, if institutions are central to economic performance, then what explains observed … differences in performance across parts of one economy sharing similar institutions? This paper suggests that two broad aspects of …

Institutions either promote or constrain economic performance, but which parts of institutions advance or restrict … performance, and why do economies sharing similar institutions sometimes perform differently? This paper is a modest attempt at … superstructural effects of institutions on aggregate and average income across 84 U.S. Native American economies (USNAEs). It finds …

institutions in aggregate demand liquidity, in that total buy (sell) volume predicts increasing (decreasing) institutional … ownership. Institutions also tend to trade in large or very small sizes, in that buy (sell) volume at these sizes predicts …

distribution of land ownership, adversely affected the implementation of human capital promoting institutions (e.g., public …