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Political Versus Economic Institutions in the Growth Process
Flachaire, Emmanuel - 2011
After a decade of research on the relationship between institutions and growth, scholars in this field seem to be divided. Economic institutions perform well in growth regressions and a body of literature argues that this supports the key importance of institutions for development. Other authors...
Persistent link: https://www.econbiz.de/10013125692
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Can Integrity Replace Institutions? Theory and Evidence
Aharonovitz, Gilad D. - 2009
Institutions are important for proper economic performance, but are replaceable by trust or other social norms. We show that when proper institutions and trust are missing, integrity of the individuals can replace them. We construct a model of a transactions-based economy with contracts...
Persistent link: https://www.econbiz.de/10013157500
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A Multiplicity of Approaches to Institutional Analysis : Applications to the Government and the Arts
Frey, Bruno S. - 2009
Four types of 'economics' relevant for institutional analysis are distinguished: Standard Neoclassical Economics; Socio-Economics or Social Economics; New Institutional Economics; and Psychological Economics (often misleadingly called Behavioural Economics). The paper argues that an extension of...
Persistent link: https://www.econbiz.de/10013157653
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Homo Moralis : Personal Characteristics, Institutions, and Moral Decision-Making
Deckers, Thomas - 2016
This paper studies how individual characteristics, institutions, and their interaction influence moral decisions. We validate a moral paradigm focusing on the willingness to accept harming third parties. Consequences of moral decisions are real. We explore how moral behavior varies with...
Persistent link: https://www.econbiz.de/10012994702
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Institutions, Trade and Development : A Quantitative Analysis
Beverelli, Cosimo - 2018
We propose and apply methods to quantify the impact of national institutions on international trade and development. We are able to identify the direct impact of country-specific institutions on international trade within the structural gravity framework. Our approach naturally addresses the...
Persistent link: https://www.econbiz.de/10012920756
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The Rise of Capitalism and the Roots of Anti-American Terrorism
Krieger, Tim - 2014
, consistent with economic norms theory, higher levels of market-capitalism are associated with less anti-American terrorism …This contribution examines the role of capitalism in anti-American terrorism. Using data for 149 countries between 1970 … and 2007, this contribution, contrary to expectations from capitalist peace theory, does not find that Anti …
Persistent link: https://www.econbiz.de/10013050419
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Political Capitalism : The Interaction between Income Inequality, Economic Freedom and Democracy
Krieger, Tim - 2016
distribution) when inequality is high. We argue that the latter finding corresponds to a system of political capitalism or captured …
Persistent link: https://www.econbiz.de/10012999751
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Income Inequality, Capitalism and Ethno-Linguistic Fractionalization
Sturm, Jan-Egbert - 2015
We examine the relationship between capitalism and income inequality for a large sample of countries using an adjusted … economic freedom index as proxy for capitalism and Gini coefficients based on gross-income as proxy for income inequality. Our …
Persistent link: https://www.econbiz.de/10013028919
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Search Capital
Carrillo-Tudela, Carlos - 2012
provides a theory of job-to-job transitions that are associated with voluntary or involuntary mobility and with wage rises or …
Persistent link: https://www.econbiz.de/10013110106
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Labor Market Policy : A Comparative View on the Costs and Benefits of Labor Market Flexibility
Kahn, Lawrence M. - 2010
I review theories and evidence on labor market policies and institutions in an international context. These include collective bargaining, minimum wages, employment protection laws, unemployment insurance (UI), mandated parental leave, and active labor market policies. Scandinavia and Central...
Persistent link: https://www.econbiz.de/10013139655