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Consequences of Constitutions
Persson, Torsten - 2003
electoral rules and forms of government for fiscal policy and rent extraction, even when non-random constitution selection is …
Persistent link: https://www.econbiz.de/10012468524
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The U.S. Constitution and Monetary Powers : An Analysis of the 1787 Constitutional Convention and Constitutional Transformation of the Nation's Monetary System Emerged
Grubb, Farley - 2005
The monetary powers embedded in the U.S. Constitution were revolutionary and led to a watershed transformation in the …
Persistent link: https://www.econbiz.de/10012466888
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Constitutions, Corporations, and Corruption : American States and Constitutional Change
Wallis, John Joseph - 2004
During the 1840s, twelve American states adopted new constitutions. Eleven of the twelve states adopted new procedures for issuing government debt and for chartering corporations through general incorporation acts. These institutional innovations were American inventions, and today hard budget...
Persistent link: https://www.econbiz.de/10012468242
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Constitution or Conflict?
Grossman, Herschel I. - 2002
A self-enforcing constitution creates a political process that provides an alternative to civil conflict for resolving … possible to design such a self-enforcing constitution. The paper is also concerned with discovering generic features of a self …-enforcing constitution. The analysis yields the following theoretical propositions: If and only if (1) none of the parties to a dispute …
Persistent link: https://www.econbiz.de/10012469982
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Constitutions and Order : A Theory and Evidence from Colombia and the United States
Fergusson, Leopoldo; Mejia, Javier; Robinson, James A.; … - National Bureau of Economic Research - 2023
We propose a framework to explain why some societies may end up with different constitutional solutions to the problem of maintaining order in the face of self-interested behavior. Though the salient intellectual tradition since Hobbes has focused on how institutional design is used to eradicate...
Persistent link: https://www.econbiz.de/10014322888
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Constitutions, Politics and Economics : A Review Essay on Persson and Tabellini's "The Economic Effect of Constitutions"
Acemoglu, Daron - 2005
In this essay I review the new book by Torsten Persson and Guido Tabellini, The Economic Effects of Constitutions, which investigates the policy and economic consequences of different forms of government and electoral rules. I also take advantage of this opportunity to discuss the advantages and...
Persistent link: https://www.econbiz.de/10012467450
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Computing Stochastic Dynamic Economic Models with a Large Number of State Variables : A Description and Application of a Smolyak-Collocation Method
Malin, Benjamin - 2007
distribution of world capital across different countries as well as the exogenous country-specific technology shocks. We use the …
Persistent link: https://www.econbiz.de/10012465129
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Computing Stochastic Dynamic Economic Models with a Large Number of State Variables : A Description and Application of a Smolyak-Collocation Method
Malin, Benjamin - 2007
distribution of world capital across different countries as well as the exogenous country-specific technology shocks. We use the …
Persistent link: https://www.econbiz.de/10012465171
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Restructuring Research : Communication Costs and the Democratization of University Innovation
Agrawal, Ajay K. - 2006
We report evidence indicating that Bitnet adoption facilitated increased research collaboration between US universities. However, not all institutions benefited equally. Using panel data from seven top engineering journals, Bitnet connection records, and a variety of institution ranking data, we...
Persistent link: https://www.econbiz.de/10012465847
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Solving Dynamic Programming Problems on a Computational Grid
Cai, Yongyang - 2013
We implement a dynamic programming algorithm on a computational grid consisting of loosely coupled processors, possibly including clusters and individual workstations. The grid changes dynamically during the computation, as processors enter and leave the pool of workstations. The algorithm is...
Persistent link: https://www.econbiz.de/10012459947