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Economic Backwardness in Political Perspective
Acemoglu, Daron; Robinson, James A. - 2021
We construct a simple model where political elites may block technological and institutional development, because of a 'political replacement effect'. Innovations often erode elites' incumbency advantage, increasing the likelihood that they will be replaced. Fearing replacement, political elites...
Persistent link: https://www.econbiz.de/10013246644
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The Consequences of Radical Reform : The French Revolution
Acemoglu, Daron; Cantoni, Davide; Johnson, Simon; … - 2022
the 1790s and later under Napoleon invaded and controlled large parts of Europe. Together with invasion came various …
Persistent link: https://www.econbiz.de/10014209326
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Cross-Country Inequality Trends
Acemoglu, Daron - 2021
much less, in (continental) Europe over the same time period. I review the two most popular explanations for these … differential trends: that relative supply of skills increased faster in Europe, and that European labor market institutions … where labor market institutions creating wage compression in Europe also encourage more investment in technologies …
Persistent link: https://www.econbiz.de/10013246486