We demonstrate that there is a nexus between land transfers and human capital formation. A sequence of land … find that open access to land markets should be prohibited for beneficiaries for some time. Moreover, a temporary state of … inequality among the poor is unavoidable. Finally, a successful land reform allows for the transition of a society from an …

institutions. We find that landownership concentration, a proxy for the institution of serfdom, has a negative effect on schooling …

alternative channels of transmission between slavery and inequality: a land inequality theory, a racial discrimination theory and …

We propose a general theory that explains the extent of the state and accounts for related institutions as byproducts … ancient Egypt from ancient Mesopotamia, and, in particular, to explain their different land tenure regimes. …

-regional differences in the scale of the state, in its hierarchical structure, and in property rights over land. The key linkage between … geography and these institutions, we posit, is via the effect of transparency on the state's extractive capacity. We apply our …

International trade can have profound effects on domestic institutions. We examine this proposition in the context of … institutions that facilitated longdistance trade e.g., the colleganza. However, starting in 1297, a small group of particularly …

We model the emergence of formal insurance institutions as equilibria under limited contract enforceability where … formal insurance institutions. …

To what extent do imposed institutions shape preferences? We consider this issue by comparing the market …

-2000 period. Our main conclusion is that race, rather than political institutions and education policies, is the main force …