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, 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 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
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 constructs a disequilibrium model in order to analyse the structural transition characterized by the emergence of a new sector. We show that, in an economy where preferences and technology adapt over time, multiple long-term outcomes are mainly brought about by different distributive...
Persistent link: https://www.econbiz.de/10010679081
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
. According to our preferred interpretation, these events provide evidence that, under weak institutions, popular mobilization and …
Persistent link: https://www.econbiz.de/10011083238
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
While the mainstream economics over stresses the roles played by institutions defined as formal rules and organizations …
Persistent link: https://www.econbiz.de/10011051775