creates continuous and dichotomous indices. We use the SVM indices to investigate the effect of democratic institutions on … economic development, and find that democracies grow faster than autocracies. Furthermore, we illustrate how the estimation …

positions. In a probabilistic voting model, we show that a lack of financial institutions can lead to more corruption as more … voters become part of the corrupt system. Well-functioning financial institutions, in turn, can increase the political …

argue that existing studies on the impact of natural disasters on economic development have several important limitations … in a small grid and gets weaker the larger the unit of observation. National institutions and economic conditions are …

-aggregated level. Our idea builds on the well documented interdependence between institutions and exports, which allows estimating the … that neglect regional differences in the effectiveness of institutions. …

Institutions are an important means for fostering prosocial behaviors, but in many contexts their scope is limited and … substantial amounting up to 30 to 40 percent of the direct effect of institutions. When the institution is determined endogenously … also find that institutions of either type enhance prosocial preferences and beliefs about others' prosocial behavior, even …

Formal or informal institutions have long been adopted by societies to protect against opportunistic behavior. However …, we know very little about how these institutions are chosen and their impact on behavior. We experimentally investigate … the demand for different levels of institutions that provide low to high levels of insurance and its subsequent impact on …

suggests that changes in formal political institutions hold the power to change norms. …