Narrow search
Showing 1 - 10 of 526
Cover Image
Marketplace Institutions Related to the Timing of Transactions
Roth, Alvin E. - 2010
This note describes the unraveling of transaction dates in several markets, including the labor markets for new lawyers hired by large law firms and for gastroenterology fellows, and the market for post-season college football bowls. Together these will illustrate that unraveling can occur in...
Persistent link: https://www.econbiz.de/10013135760
Cover Image
International Trade and Institutional Change
Levchenko, Andrei A. - 2011
This paper analyzes the impact of international trade on the quality of institutions, such as contract enforcement, property rights, or investor protection. It presents a model in which imperfect institutions create rents for some parties within the economy, and are a source of comparative...
Persistent link: https://www.econbiz.de/10013117386
Cover Image
Reshaping Institutions : Evidence on Aid Impacts Using a Pre-Analysis Plan
Casey, Katherine P. - 2011
Although institutions are believed to be key determinants of economic performance, there is limited evidence on how they can be successfully reformed. Evaluating the effects of specific reforms is complicated by the lack of exogenous variation in the presence of institutions; the difficulty of...
Persistent link: https://www.econbiz.de/10013125582
Cover Image
Marriage Institutions and Sibling Competition : Evidence from South Asia
Vogl, Tom - 2012
Using data from South Asia, this paper examines how arranged marriage cultivates rivalry among sisters. During marriage search, parents with multiple daughters reduce the reservation quality for an older daughter's groom, rushing her marriage to allow sufficient time to marry off her younger...
Persistent link: https://www.econbiz.de/10013101815
Cover Image
Legal Institutions and Financial Development
Beck, Thorsten - 2012
Why do some countries have growth-enhancing financial systems, while others do not? Why have some countries developed the necessary investor protection laws and contract-enforcement mechanisms to support financial institutions and markets, while others have not? This paper reviews existing...
Persistent link: https://www.econbiz.de/10013104845
Cover Image
The Link between Fundamentals and Proximate Factors in Development
Keller, Wolfgang - 2013
The paper introduces a framework for studying the hierarchy of growth factors, from deep to more immediate. The specific setting we examine is 18th and 19th century Germany, when institutional changes introduced by reforms and transportation improvements converged to create city growth. We...
Persistent link: https://www.econbiz.de/10013086487
Cover Image
Culture, Institutions and the Wealth of Nations
Gorodnichenko, Yuriy - 2014
-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …
Persistent link: https://www.econbiz.de/10013069257
Cover Image
Culture and Institutions
Alesina, Alberto F. - 2013
A growing body of empirical work measuring different types of cultural traits has shown that culture matters for a variety of economic outcomes. This paper focuses on one specific aspect of the relevance of culture: its relationship to institutions. We review work with a theoretical, empirical,...
Persistent link: https://www.econbiz.de/10013071464
Cover Image
Endogenous Property Rights
Diermeier, Daniel - 2013
It is often argued that additional checks and balances provide economic agents with better protection from expropriation of their wealth or productive capital. We demonstrate that in a dynamic political economy model this intuition may be flawed. Surprisingly, increasing the number of veto...
Persistent link: https://www.econbiz.de/10013071791
Cover Image
Development, Structure, and Transformation : Some Evidence on Comparative Economic Growth
McCord, Gordon C. - 2013
We suggest that the geographical patterns of income differences across the world have deep underpinnings. We emphasize that economic development is a complex process driven by economic, political, social, and biophysical forces. Some economists have argued that the patterns reflect mainly the...
Persistent link: https://www.econbiz.de/10013074652