In their survey of the literature on ethnic fractionalization and economic performance, Alesina and La Ferrara (JEL … ethnic fractionalization on economic growth across countries using unique time-varying measures. We first replicate the … latitude), it shows a significant negative impact on economic growth which is robust to different specifications, polarization …

is the possible result of a conflict between multinational firms and local or national governments. The Paper compares …

, partly in response to policies. Our results suggest that more segregated countries in terms of ethnicity and language, i …

proxy with religious fractionalization. We first document religious composition and the introduction of village …

that it saves and invests more than a homogenous society. The power struggle boosts output. Nevertheless, fractionalization …-pool externalities. Fractionalization induces, however, positive genuine saving as measured by the World Bank. …

In this paper we question the common wisdom that more polarized voters’ opinions imply larger policy polarization. We … analyze a voting model in which the source of the polarization in voters’ opinions is “correlation neglect”, that is, voters … neglect the correlation in their information sources. Our main result shows that such polarization in opinions does not …

institutes, the extent to which intellectual competition between different schools of thought may lead to polarization of views …

variety of circumstances, this, in turn, yields a polarization of equilibrium policy choices of the candidates. It is thus …