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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, 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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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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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 Guarantees of Freedom
Porta, Rafael La - 2002
Hayek (1960) distinguishes the institutions of English freedom, which guarantee the independence of judges from political interference in the administration of justice, from those of American freedom, which allow judges to restrain law-making powers of the sovereign through constitutional...
Persistent link: https://www.econbiz.de/10012469956
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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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Trade policy, income risk, and welfare
Krebs, Tom - 2005
"This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and uses the estimates of this empirical analysis to evaluate the welfare effect of trade reform. The analysis proceeds in three steps. First, longitudinal data on workers are used...
Persistent link: https://www.econbiz.de/10010522578
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Using Lotteries to Attract Deposits
Gertler, Paul J.; Higgins, Sean; Scott, Aisling; Seira, … - National Bureau of Economic Research - 2023
a randomized experiment across 110 bank branches throughout Mexico, a lottery incentive based on net monthly deposits …
Persistent link: https://www.econbiz.de/10014337763
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The Impact of Violence during the Mexican Revolution on Migration to the United States
Escamilla-Guerrero, David; Kosack, Edward; Ward, Zachary - National Bureau of Economic Research - 2023
The number of individuals forcibly displaced by conflicts has been rising in the past few decades. However, we know little about the dynamics--magnitude, timing, and persistence--of conflict-induced migration in the short run. We use novel high-frequency data to estimate the dynamic migration...
Persistent link: https://www.econbiz.de/10014337765