Showing 1 - 10 of 22,563
This paper reviews the key issues concerning the impact of public spending and taxation on long-run growth and inequality and takes stock of existing theoretical and empirical studies. Overall, the evidence highlights that the size of the government matters for long-term growth as a too large...
Persistent link: https://www.econbiz.de/10011578194
finds evidence that colonies with better paid colonial governors developed better institutions (and became wealthier) than …
Persistent link: https://www.econbiz.de/10011052845
This paper contributes to the debate on the relationship between human capital, institutions, and economic growth. The … paper first develops a micro-foundation model linking institutions to human capital. The advantage of our modeling strategy … improvements in the quality of institutions foster human capital accumulation, decrease income inequality and change the historical …
Persistent link: https://www.econbiz.de/10010594717
, and about the effects of institutions, social structure, and culture on economic growth. We also outline challenges for …
Persistent link: https://www.econbiz.de/10014024286
This survey reviews the recent research on trust, institutions, and economic development. It discusses the various … recent progress to identify how institutions and policies can affect trust. …
Persistent link: https://www.econbiz.de/10014025609
This survey reviews the recent research on trust, institutions, and economic development. It discusses the various … recent progress to identify how institutions and policies can affect trust. …
Persistent link: https://www.econbiz.de/10010869047
We create a dataset of country experience with economic depression around the world. We define a depression episode as a period of cumulative decline in per capita output of 20% or more lasting at least four years. We find depressions are surprisingly common. We describe their incidence and...
Persistent link: https://www.econbiz.de/10010719797
This survey reviews the recent research on trust, institutions and economic development. It discusses the various … institutions and policies can affect trust and promote pro-social behaviors. …
Persistent link: https://www.econbiz.de/10011084699
. According to our preferred interpretation, these events provide evidence that, under weak institutions, popular mobilization and …
Persistent link: https://www.econbiz.de/10011083238
Following Fukuyama's (2001) postulation for future research in economic development, this paper examines the cultural hypothesis regarding national economic prosperity. Culture is found to affect economic performance through two channels; cultural traits that stimulate individual motivation, and...
Persistent link: https://www.econbiz.de/10010730072