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Do Middle Classes Bring Institutional Reforms?
Loayza, Norman; Rigolini, Jamele; Llorente, Gonzalo - Institute for the Study of Labor (IZA) - 2012
We revisit the link between poverty, the middle class and institutional outcomes using a newly developed cross-country panel dataset containing detailed information on the distribution of income and expenditures. When the size of the middle class increases (measured as the proportion of people...
Persistent link: https://www.econbiz.de/10011279274
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Race v. Suffrage: The Determinants of Development in Mississippi
Bertocchi, Graziella; Dimico, Arcangelo - Institute for the Study of Labor (IZA) - 2011
1950s. Finally, we turn to the determinants of a broad array of development indicators for the year 1960 and for the 1960 …-2000 period. Our main conclusion is that race, rather than political institutions and education policies, is the main force …
Persistent link: https://www.econbiz.de/10009325443
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Slavery, Education, and Inequality
Bertocchi, Graziella; Dimico, Arcangelo - Institute for the Study of Labor (IZA) - 2010
We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality. In other words, those counties that displayed a higher...
Persistent link: https://www.econbiz.de/10008742948
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Are We There Yet? Time for Checks and Balances on New Institutionalism
Iyigun, Murat - Institute for the Study of Labor (IZA) - 2012
economic development. If the sociopolitical, legal and economic transformations in the Anglo-Saxon world in the last three … identification, they too narrowly defined what Northian institutions entail. As a matter of fact, political, legal and economic … institutions are highly malleable even in advanced economies, while sustained economic growth could well be deep rooted in …
Persistent link: https://www.econbiz.de/10010584367
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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, idiosyncratic risk implies that distinct risk-sharing institutions – even those providing the same level of insurance – can lead to … different growth trajectories if they differently motivate risk-taking. Historically, risk sharing institutions were selected …
Persistent link: https://www.econbiz.de/10008926963
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Culture, Institutions and the Wealth of Nations
Gorodnichenko, Yuriy; Roland, Gerald - Institute for the Study of Labor (IZA) - 2010
innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … robust even after controlling for the effect of institutions and other factors. We also provide evidence of a two-way causal … effect between culture and institutions. …
Persistent link: https://www.econbiz.de/10008680898
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Monotheism (From a Sociopolitical and Economic Perspective)
Iyigun, Murat F. - Institute for the Study of Labor (IZA) - 2007
comprehensively characterize the impact of monotheism on early economic development. Monotheist religions produced a paradigm shift in … sociopolitical institutions because they (a) involve a strong degree of increasing returns to scale and the natural monopoly powers … monotheistic religions aided early development both in the West and the Near East until the advent of the Industrial Revolution. …
Persistent link: https://www.econbiz.de/10005762170
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Ottoman Conquests and European Ecclesiastical Pluralism
Iyigun, Murat - Institute for the Study of Labor (IZA) - 2006
This paper emphasizes that the evolution of religious institutions in Europe was influenced by the expansionary threat …
Persistent link: https://www.econbiz.de/10005762252
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Income, Democracy, and Critical Junctures
Cervellati, Matteo; Jung, Florian; Sunde, Uwe; Vischer, … - Institute for the Study of Labor (IZA) - 2012
institutions, and are robust to the use of alternative data and estimation techniques. …
Persistent link: https://www.econbiz.de/10010739947
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Social Organizations, Violence & Modern Growth
Greif, Avner; Iyigun, Murat - Institute for the Study of Labor (IZA) - 2013
Although social institutions permeate the world in which we live, they are all but absent from our analyses of economic … institutions for growth and development. … growth and development. This paper argues the need to mitigate this omission by demonstrating the importance of social …
Persistent link: https://www.econbiz.de/10010660254