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Risk, Institutions and Growth: Why England and Not China?

Greif, Avner; Iyigun, Murat; Sasson, Diego - Institute for the Study of Labor (IZA) - 2011

We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual-level risk-taking in pursuing productivity-enhancing activities including using and developing new knowledge. Individual-level, idiosyncratic risk implies that distinct...

Persistent link: https://www.econbiz.de/10008926963

Race v. Suffrage: The Determinants of Development in Mississippi

Bertocchi, Graziella; Dimico, Arcangelo - Institute for the Study of Labor (IZA) - 2011

We investigate the long term determinants of political and economic outcomes over a new data set composed of Mississippi counties. We analyze the effect of disfranchisement on voting registration at the end of the nineteenth century (1896-9), as well as the impact of voting registration on...

Persistent link: https://www.econbiz.de/10009325443

Convergence to the Managerial Frontier

Maloney, William F.; Sarrias, Mauricio - Institute for the Study of Labor (IZA) - 2014

Using detailed survey data on management practices, this paper uses recent advances in unconditional quantile analysis to study the changes in the within country distribution of management quality associated with country convergence to the managerial frontier. It then decomposes the contribution...

Persistent link: https://www.econbiz.de/10010790511

Wirtschaftliche Entwicklung und Demokratie: Ist Demokratie ein Wohlstandsmotor oder ein Wohlstandsprodukt?

Sunde, Uwe - Institute for the Study of Labor (IZA) - 2006

eine Demokratie erst ermöglicht? Dieser Artikel gibt einen Überblick über die jüngere empirische Literatur zur Frage der …

Persistent link: https://www.econbiz.de/10005822946

Joblessness and Perceptions about the Effectiveness of Democracy

Altindag, Duha; Mocan, Naci - Institute for the Study of Labor (IZA) - 2010

individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that … personal joblessness experience translates into negative opinions about the effectiveness of democracy and it increases the … that democracies are ineffective, regardless of joblessness. People's beliefs about the effectiveness of democracy as …

Persistent link: https://www.econbiz.de/10008506087

The Great Happiness Moderation

Clark, Andrew E.; Flèche, Sarah; Senik, Claudia - Institute for the Study of Labor (IZA) - 2012

This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an addition to the Easterlin paradox, which states that...

Persistent link: https://www.econbiz.de/10011252278

An Empirical Study of the Relationships between CO2 Emissions, Economic Growth and Openness

Choi, Eunho; Heshmati, Almas; Cho, Yongsung - Institute for the Study of Labor (IZA) - 2010

This paper investigates the existence of the environmental Kuznets curve (EKC) for carbon dioxide (CO2) emissions and its causal relationships with economic growth and openness by using time series data (1971-2006) from China (an emerging market), Korea (a newly industrialized country), and...

Persistent link: https://www.econbiz.de/10008693845

Disease and Development Revisited

Bloom, David E.; Canning, David; Fink, Günther - Institute for the Study of Labor (IZA) - 2013

Acemoglu and Johnson (2007) present evidence that improvements in population health do not promote economic growth. We show that their result depends critically on the assumption that initial health has no causal effect on subsequent economic growth. We argue that such an effect is likely,...

Persistent link: https://www.econbiz.de/10010658709

Are We There Yet? Time for Checks and Balances on New Institutionalism

Iyigun, Murat - Institute for the Study of Labor (IZA) - 2012

New institutionalism has had considerable success during the last decade in shepherding the debate on sustained economic development. If the sociopolitical, legal and economic transformations in the Anglo-Saxon world in the last three decades prove anything, however, it is that the late Mancur...

Persistent link: https://www.econbiz.de/10010584367

Subjective Well-Being, Income, Economic Development and Growth

Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - Institute for the Study of Labor (IZA) - 2010

We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...

Persistent link: https://www.econbiz.de/10008682244