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Political Economy in a Changing World
Acemoglu, Daron - 2013
unanticipated) changes in the distribution of political power and in economic structure. We focus on the Markov Voting Equilibria …, which require that economic and political changes should take place if there exists a subset of players with the power to … institutions as well as individual types can be ordered, and preferences and the distribution of political power satisfy natural …
Persistent link: https://www.econbiz.de/10012459504
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Political Economy in a Changing World
Acemoglu, Daron - 2014
unanticipated) changes in the distribution of political power and in economic structure. We focus on Markov Voting Equilibria, which … require that economic and political changes should take place if there exists a subset of players with the power to implement … institutions as well as individual types can be ordered, and preferences and the distribution of political power satisfy natural …
Persistent link: https://www.econbiz.de/10013063669
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Political Economy in a Changing World
Acemoglu, Daron - 2013
unanticipated) changes in the distribution of political power and in economic structure. We focus on the Markov Voting Equilibria …, which require that economic and political changes should take place if there exists a subset of players with the power to … institutions as well as individual types can be ordered, and preferences and the distribution of political power satisfy natural …
Persistent link: https://www.econbiz.de/10013080197
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The rise and decline of general laws of capitalism
Acemoglu, Daron; Robinson, James A. - 2014
Persistent link: https://www.econbiz.de/10010442994
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The Rise and Decline of General Laws of Capitalism
Acemoglu, Daron; Robinson, James A. - 2014
Thomas Piketty's (2014) book, Capital in the 21st Century, follows in the tradition of the great classical economists, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We argue that general economic laws are unhelpful as a guide...
Persistent link: https://www.econbiz.de/10012457900
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The Rise and Decline of General Laws of Capitalism
Acemoglu, Daron; Robinson, James A. - 2014
Thomas Piketty's (2014) book, Capital in the 21st Century, follows in the tradition of the great classical economists, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We argue that general economic laws are unhelpful as a guide...
Persistent link: https://www.econbiz.de/10013039764
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The Rise and Decline of General Laws of Capitalism
Acemoglu, Daron; Robinson, James A. - 2014
Thomas Piketty's (2013) book, Capital in the 21st Century, follows in the tradition of the great classical economists, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We argue that general economic laws are unhelpful as a guide...
Persistent link: https://www.econbiz.de/10013040288
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The network origins of aggregate fluctuations
Acemoglu, Daron; Carvalho, Vasco M.; Ozdaglar, Asuman E.; … - 2011
This paper argues that in the presence of intersectoral input-output linkages, microeconomic idiosyncratic shocks may lead to aggregate fluctuations. In particular, it shows that, as the economy becomes more disaggregated, the rate at which aggregate volatility decays is determined by the...
Persistent link: https://www.econbiz.de/10009489113
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Reversal of fortune : geography and institutions in the making of the modern world income distribution
Acemoglu, Daron (contributor); Johnson, Simon (contributor);  … - 2001 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001623753
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Reversal of fortune : geography and institutions in the making of the modern world income distribution
Acemoglu, Daron; Johnson, Simon; Robinson, James A. - 2001
Persistent link: https://www.econbiz.de/10001609593