Showing 1 - 10 of 20
, trade fair development is a reaction to the closing of free markets under the pressure of political violence. …
Persistent link: https://www.econbiz.de/10005248478
This study investigates the productivity differences and its sources across a set of banks during the last years of the liberal era of the Spanish banking system (1900-1914). These years were characterised by major qualitative and quantitative changes in the banking industry including a sharp...
Persistent link: https://www.econbiz.de/10005772055
We examine the relationship between institutions, culture and cyclical fluctuations for a sample of 45 European, Middle …
Persistent link: https://www.econbiz.de/10010849590
We find that trade and domestic market size are robust determinants of economic growth over the 1960-1996 period when trade openness is measured as the US dollar value of imports and exports relative to GDP in PPP US$ ('real openness'). When trade openness is measured as the US dollar value of...
Persistent link: https://www.econbiz.de/10005248470
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
effect of this environment- as with any other specialized resource, institutions may be used for expropriation purposes. They …
Persistent link: https://www.econbiz.de/10005704922
instead analyze the effect of institutions on civil war, controlling for income per capita. In our set up, institutions are … endogenous and colonial origins affect civil wars through their legacy on institutions. Our results indicate that institutions … civil war. In particular, an improvement in institutions from the median value in the sample to the 75th percentile is …
Persistent link: https://www.econbiz.de/10005707983
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
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
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