Institutions can affect individual behavior both via their efficiency impact and via their risk reducing mechanisms … simultaneously extant institutions. This paper presents a simple model of institutional choice in a labor market when there is a risk …

This paper provides a review and synthesis of the findings of the second phase of a research project on institutions … institutional characteristics and the duration of economic slumps; (2) the relative importance for growth of institutions, trade … openness and geography; (3) the determinants and consequences of state capacities; (4) the interactions between institutions …

some evidence which suggests that foreign owned firms located in countries with `good' institutions invest relatively more. …

effect of interaction of local knowledge institutions and small and medium producers to generate autonomous technical …

associated with inequality adversely affected the emergence of institutions that promote human capital accumulation. The research …

from institutions, and to some extent, geography, on long-run prosperity and TFP, may be thus explained. …

distribution of land ownership, adversely affected the implementation of human capital promoting institutions (e.g., public …

institutions. The study conducts a literature review on the theoretical and empirical works of economic growth, with emphasis in …