countries, communities on both sides of the long-gone Habsburg border have been sharing common formal institutions for a century …

The interplay between religion and the economy has occupied social scientists for long. We construct a unique panel of … doubt on causal interpretations of the religion- economy nexus in Prussian secularization. …

group is dominant. We provide a test of a key aspect of our model using data from La Violencia, a political conflict in …

We estimate the respective contributions of institutions, geography, and trade in determining income levels around the … world, using recently developed instruments for institutions and trade. Our results indicate that the quality of … institutions 'trumps' everything else. Once institutions are controlled for, measures of geography have at best weak direct effects …

This paper opens with a discussion of the types of institutions that allow markets to perform adequately. While we can … identify in broad terms what these are, there is no unique mapping between markets and the non-market institutions that … institutions. A range of evidence indicates that participatory democracies enable higher-quality growth. …

enabled these groups to demand, obtain and sustain changes in institutions to protect their property rights. Furthermore, the … existing institutions placed some checks on the monarchy and particularly limited its control of overseas trading activities … the result of capitalist development driven by the interaction of late medieval institutions and the economic …