innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth …-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …

-growth ventures. We find that institutions exert different effects on entrepreneurial entry and on the individual choice to launch …

MENA countries. To answer the question: whether either human capital or openness can be shown to cause productivity, we use …

This paper presents information on wage bargaining institutions, collected using a standardized questionnaire. Our data …-setting institutions. …

literature also provides evidence of the long lived nature of institutions and the link between institutions and decision making …

developing countries where an overall increase in the quality of institutions is recorded. The mechanism of information diffusion … institutions. On the other hand, if good institutions and good information about institutions do not come together, there is scope …

Institutions are now widely believed to be important in explaining performance. In this paper, we analyze whether … commonly used measures of institutions have any significant, measurable impact on performance, whether of countries or firms …. We look at three 'levels' of institutions and associated conjectures. The first concerns whether the political system …