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Do institutions and culture matter for business cycles?

Altug, Sumru; Canova, Fabio - Department of Economics and Business, Universitat … - 2012

We examine the relationship between institutions, culture and cyclical fluctuations for a sample of 45 European, Middle …

Persistent link: https://www.econbiz.de/10010849590

Corporate governance and corporate social performance: The influence of boards, ownership and institutions

Desender, Kurt A.; Epure, Mircea - Department of Economics and Business, Universitat … - 2013

We systematically analyze how variations in board independence and ownership concentration and type affect corporate social performance (CSP). Drawing from the agency and stakeholder perspectives, we argue that recognizing differences in the distribution of costs and benefits to shareholders and...

Persistent link: https://www.econbiz.de/10011186264

A foundation for strategic agenda voting

Apesteguia, Jose; Ballester, Miguel; Masatlioglu, Yusufcan - Department of Economics and Business, Universitat … - 2012

We offer complete characterizations of the equilibrium outcomes of two prominent agenda voting institutions that are … equivalently the Euro-Latin procedure. Our axiomatic approach provides a proper understanding of these voting institutions, and …

Persistent link: https://www.econbiz.de/10009493739

Specialization and rent-seeking in moral enforcement: The case of confession

Arruñada, Benito - Department of Economics and Business, Universitat … - 2003

Moral codes are produced and enforced by more or less specialized means and are subject to standard economic forces. This paper argues that the intermediary role played by the Catholic Church between God and Christians, a key difference from Protestantism, faces the standard trade-off of...

Persistent link: https://www.econbiz.de/10005012009

Protestants and Catholics: Similar work ethic, different social ethic

Arruñada, Benito - Department of Economics and Business, Universitat … - 2004

ethic” that would lead them to monitor each other’s conduct, support political and legal institutions and hold more …

Persistent link: https://www.econbiz.de/10005772012

Setting the rules of the game: The choice of electoral systems in advanced democracies

Boix, Carles - Department of Economics and Business, Universitat … - 1999

The origins of electoral systems have received scant attention in the literature. Looking at the history of electoral rules in the advanced world in the last century, this paper shows that the existing wide variation in electoral rules across nations can be traced to the strategic decisions that...

Persistent link: https://www.econbiz.de/10005772165

Human nature and institutional analysis

Arruñada, Benito - Department of Economics and Business, Universitat … - 2005

This essay reviews some findings in cognition sciences and examines their consequences for the analysis of institutions …, causing it to be potentially maladapted in important dimensions. A main function of institutions is therefore to fill the gap …-gatherers. Moreover, institutions are built with the available elements, which include our instincts. A deeper understanding of both …

Persistent link: https://www.econbiz.de/10005772172

Addressing the natural resource curse: An illustration from Nigeria

Sala-i-Martín, Xavier; Subramanian, Arvind - Department of Economics and Business, Universitat … - 2003

could fundamentally improve the quality of public institutions and, as a result, transform economics and politics in Nigeria. …

Persistent link: https://www.econbiz.de/10005772190

Quasi-integration in less-than-truckload trucking

Fernández, Alberto; Arruñada, Benito; González, Manuel - Department of Economics and Business, Universitat … - 1998

This work studies the organization of less-than-truckload trucking from a contractual point of view. We show that the huge number of owner-operators working in the industry hides a much less fragmented reality. Most of those owner-operators are “quasi-integrated” in higher organizational...

Persistent link: https://www.econbiz.de/10005772267

Are rules-based government programs shielded from special-interest politics? Evidence from revenue-sharing transfers in Brazil

Litschig, Stephan - Department of Economics and Business, Universitat … - 2008

Manipulation of government finances for the benefit of narrowly defined groups is usually thought to be limited to the part of the budget over which politicians exercise discretion in the short run, such as earmarks. Analyzing a revenue-sharing program between the central and local governments...

Persistent link: https://www.econbiz.de/10005772568