and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe … economic crises during the 1990s. We find that the severity of crisis has had a positive impact on the subsequent pace of … economic reform, economic growth and, with a delay, on investment and institutional change. Episode of high inflation, moreover …

The distributional consequences of the recent economic crisis are still broadly unknown. While it is possible to …

exacerbating the coordination problem of depositors/investors on the liability side and fostering runs/panics, and by increasing …

automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional …

I critically review recent studies that estimate those costs of violence and conflict that can emerge among organized … of organized conflict and violence are aggregated. …

, we show that substituting the auction contest success function for the lottery contest success function in a conflict may … radicals. Our results demonstrate the importance of the choice of the institutions of conflict, as modeled by the contest … success function, in determining the role of extremism and moderation in economic, political, and social environments. …