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ECONIS (ZBW)
472
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1
Financial Frictions and the Persistence of History : A Quantitative Exploration
Buera, Francisco J.
-
2010
We quantify the role of financial frictions and the initial misallocation of resources in explaining development dynamics. Following a reform that triggers efficient reallocation of resources, our model economy with financial frictions converges slowly to the new steady state--it takes twice as...
Persistent link: https://www.econbiz.de/10012462256
Saved in:
2
Capital Flows in
Asia
Ito, Takatoshi
-
1999
This paper characterizes the capital flows in
Asia
before and after the Asian currency crisis of 1997. Differences in … factors to the role of capital flows in the currency crises in different countries, especially
Thailand
, Indonesia, and Korea …
Persistent link: https://www.econbiz.de/10012471660
Saved in:
3
Did the Malaysian Capital Controls Work?
Kaplan, Ethan
-
2001
. The fact that Korea and
Thailand
recovered in parallel has been interpreted as suggesting that capital controls did not … summer of 1998, while it had significantly eased up in Korea and
Thailand
. We employ a time-shifted differences …
Persistent link: https://www.econbiz.de/10012470587
Saved in:
4
The Emergence of Weak, Despotic and Inclusive States
Acemoglu, Daron
;
Robinson, James A.
-
2017
Societies under similar geographic and economic conditions and subject to similar external influences nonetheless develop very different types of states. At one extreme are weak states with little capacity and ability to regulate economic or social relations. At the other are despotic states...
Persistent link: https://www.econbiz.de/10012455025
Saved in:
5
Chiefs : Elite Control of Civil Society and Economic Development in Sierra Leone
Acemoglu, Daron
;
Robinson, James A.
;
Reed, Tristan
-
2013
The lowest level of government in sub-Saharan Africa is often a cadre of chiefs who raise taxes, control the judicial system and allocate the most important scarce resource - land. Chiefs, empowered by colonial indirect rule, are often accused of using their power despotically and inhibiting...
Persistent link: https://www.econbiz.de/10012459974
Saved in:
6
Emergence and Persistence of Inefficient States
Acemoglu, Daron
-
2006
Inefficiencies in the bureaucratic organization of the state are often viewed as important factors in retarding economic development. Why certain societies choose or end up with such inefficient organizations has received very little attention, however. In this paper, we present a simple theory...
Persistent link: https://www.econbiz.de/10012465912
Saved in:
7
On the Importance of African Traditional
Religion
for Economic Behavior
Butinda, Lewis Dunia
;
Lameke, Aimable Amani
;
Nunn, Nathan
; …
-
National Bureau of Economic Research
-
2023
Within the field of economics, despite being widespread, African traditional religions tend to be perceived as unimportant and ignored when studying economic decision-making. This study tests whether this presumption is correct. Using daily data on business decisions and performance of beer...
Persistent link: https://www.econbiz.de/10014322817
Saved in:
8
Concessions, Violence, and Indirect Rule : Evidence from the Congo Free State
Lowes, Sara
-
2020
All colonial powers granted concessions to private companies to extract natural resources during the colonial era. Within Africa, these concessions were characterized by indirect rule and violence. We use the arbitrarily defined borders of rubber concessions granted in the north of the Congo...
Persistent link: https://www.econbiz.de/10012482112
Saved in:
9
Social Structure and Development : A Legacy of the Holocaust in Russia
Acemoglu, Daron
;
Robinson, James A.
;
Hassan, Tarek A.
-
2010
We document a statistical association between the severity of the persecution and mass murder of Jews (the Holocaust) by the Nazis during World War II and long-run economic and political outcomes within Russia. Cities that experienced the Holocaust most intensely have grown less, and cities as...
Persistent link: https://www.econbiz.de/10012462572
Saved in:
10
On the Joint Evolution of Culture and Institutions
Bisin, Alberto
-
2017
Explanations of economic growth and prosperity commonly identify a unique causal effect, e.g., institutions, culture, human capital, geography. In this paper we provide instead a theoretical modeling of the interaction between culture and institutions and their effects on economic activity. We...
Persistent link: https://www.econbiz.de/10012455306
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