constraints on productive entrepreneurship would require that the decline in level-two institutions, such as democracy and science …We review Baumol's typology of productive, unproductive and destructive entrepreneurship. We argue that the typology is … the thesis that entrepreneurship has become less productive, due to the unintended effects of entrepreneurship policies …

transformation of lower-income countries by enabling credit-constrained workers to enter into non-agricultural entrepreneurship. …

entrepreneurship. We also show that participants hold remarkably accurate beliefs about the impacts of the treatments on occupational …

What are the long-term economic effects of a more equal distribution of wealth? We exploit variation in historical … division of land led to a more equal distribution of land; other potential drivers of growth are smooth at the boundary and … right-shifted skill, income, and wealth distribution. Higher top incomes and top wealth in equal division areas coincide …

This paper analyzes the role of different types of institutions, such as entrepreneurship-facilitating entry conditions … countries measured by data from EU Statistics on Income and Living Conditions (EU-SILC). We find that institutions never … affected both occupational groups in opposite ways. Our findings indicate that labor market institutions do not play an …

This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment …

entrepreneurship requires many other actors - besides the entrepreneur - whose skills and abilities are necessary to realize an … framework that levels the playing field for potential entrepreneurs and encourages productive entrepreneurship. To promote this … foster innovation and, in the end, the welfare-enhancing productive entrepreneurship policymakers and scholars strive for. …

country-of-ancestry distribution for US counties from 1850 to 2010. We also develop a county-level measure of GDP per capita …-of-origin composition of a county matters. Moreover, the culture, institutions, and human capital that the immigrant groups brought with …

This survey reviews the recent research on trust, institutions and growth. It discusses the various measures of trust … market and the product market. The last part reviews recent progress to identify how institutions and policies can affect …

We study the connection between economic performance and the quality of government institutions for the sample of 103 … unified Italian State. Our results suggest that past historical institutions play a significant role on the current public … confirms that the quality of institutions matters for development, and that history can be used to find suitable instruments. …