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Why do some societies fail to adopt more efficient political and economic institutions in response to changing economic conditions? And why do such conditions sometimes generate conservative ideological backlashes and, at other times, progressive social and political movements? We propose an...
Persistent link: https://www.econbiz.de/10011949432
may generate an ideological backlash that puts a higher premium on traditional values. We apply the theory to numerous …
Persistent link: https://www.econbiz.de/10011641551
We investigate the origin and evolution of the legal institution of citizenship from a political economy perspective. We compile a new data set on citizenship laws across countries of the world which documents how these institutions have evolved in the postwar period. We show that, despite a...
Persistent link: https://www.econbiz.de/10003522985
We analyze the endogenous evolution of economic and political institutions and the interdependencies with the process of economic development. Favorable economic institutions ensure the appropriability of rents in form of a state of law. We study the conditions under which a state of law can be...
Persistent link: https://www.econbiz.de/10002543970
We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual-level risk-taking in pursuing productivity-enhancing activities including using and developing new knowledge. Individual-level, idiosyncratic risk implies that distinct...
Persistent link: https://www.econbiz.de/10009235154
We develop a theory of endogenous regimes transitions (with a focus on democratic consolidation), which emphasizes the …
Persistent link: https://www.econbiz.de/10009755330
This study adapts a relatively novel model of off-farm labor supply to the changing conditions of Bulgaria during the 1990s. The model's parameters are estimated separately for each of the three different waves of the Bulgarian Integrated Household Survey, each reflecting remarkably different...
Persistent link: https://www.econbiz.de/10003355652
The aim of this paper is to test a key aspect of Baumol's theory that the allocation of entrepreneurial efforts toward … of becoming selfemployed, and were more successful entrepreneurs. Our results confirm Baumol's theory in a setting that …
Persistent link: https://www.econbiz.de/10012550208
We study how distributional preferences are affected by a major property rights reform that transformed informal use-rights over land traditionally characterizing rural Beninese villages in a system akin to private ownership. The design combines the randomized control-trial implementation of the...
Persistent link: https://www.econbiz.de/10012648526
France sent five thousand men to fight alongside George Washington's army in the American Revolutionary War. We show that the French combatants' exposure to the United States of America increased support for the French Revolution a decade later. French regions (départements) from which more...
Persistent link: https://www.econbiz.de/10014229151