Recommended readings (Machine generated): Vol I: 1. Jeremy Greenwood and Boyan Jovanovic (1990), 'Financial Development, Growth, and the Distribution of Income', Journal of Political Economy, 98 (5), October, 1076-107 -- 2. Valerie R. Bencivenga and Bruce D. Smith (1991), 'Financial...

Contents: 1. Dimensionality of religion -- 2. Religious origins of political regimes -- 3. Religious identity, local governance & public goods -- 4. The political economy of Russian Orthodoxy -- 5. Back to the Prussian origins: kulturkampf & comparative modernization -- References -- Conclusions...

We analyze the long-run growth effects of automation in the canonical overlapping generations framework. While automation implies constant returns to capital within this model class (even in the absence of technological progress), we show that it does not have the potential to lead to positive...

In this paper, we analyze the growth effects of historical and biological ancestry, diversity and financial development in transition economies. We show that the common indicators of ethnolinguistic fractionalization, state history and genetic distance yield significant results and to some...