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Institutions, Technology, and Trade
Keller, Wolfgang - 2008
We study the importance of technology and institutions in determining the size of markets in five different countries and fifteen different German states. The setting of 19th century Europe presents a unique opportunity to address this issue, since it witnessed fundamental change in both...
Persistent link: https://www.econbiz.de/10012464734
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Modeling Inefficient Institutions
Acemoglu, Daron - 2006
economic institutions determine the framework for policy-making and place constraints on various policies. Groups with …
Persistent link: https://www.econbiz.de/10012466731
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Buy, Lobby or Sue : Interest Groups' Participation in Policy Making - A Selective Survey
Spiller, Pablo T. - 2006
Institutional Economics perspective. The distinguishing feature of the New Institutional Economics Approach is its emphasis in … essay for the New Institutional Economics Guide Book is to review recent papers that follow the NIE mantra. That is, they …
Persistent link: https://www.econbiz.de/10012466460
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New Institutional Economics and Cliometrics
Alston, Eric C.; Alston, Lee J.; Mueller, Bernardo - National Bureau of Economic Research - 2023
The New Institutional Economics (NIE) has its early roots in Cliometrics. Cliometrics began with a focus on using … neoclassical theory to develop and test hypotheses in economic history. But empirical consideration of economic and political … on complexity theory to further supplement the NIE and Cliometrics …
Persistent link: https://www.econbiz.de/10014226121
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Why Not a Political Coase Theorem? Social Conflict, Commitment and Politics
Acemoglu, Daron - 2002
beliefs and ideologies of their peoples or leaders? Or are inefficiencies in politics and economics the outcome of social and …
Persistent link: https://www.econbiz.de/10012469326
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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/10012462101
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Do Institutions Cause Growth?
Glaeser, Edward L. - 2004
We revisit the debate over whether political institutions cause economic growth, or whether, alternatively, growth and human capital accumulation lead to institutional improvement. We find that most indicators of institutional quality used to establish the proposition that institutions cause...
Persistent link: https://www.econbiz.de/10012468125
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Individual Rights and Collective Agents : The Role of Old and New Workplace Institutions in the Regulation of Labor Markets
Weil, David - 2003
Implementation of workplace policies--whether through enforcement of laws or administration of programs--raises the question of the interaction between institutions created to carry out laws and the activities of workplace based agents that directly (e.g. unions) or indirectly (e.g. insurance...
Persistent link: https://www.econbiz.de/10012469135
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Can Market and Voting Institutions Generate Optimal Intergenerational Risk Sharing?
Rangel, Antonio - 1999
theory, could be corrected by government intervention. However, as long as government policy is determined by voting …
Persistent link: https://www.econbiz.de/10012471858
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The Macroeconomics of Specificity
Caballero, Ricardo J. - 1996
Specific quasi-rents build up in a wide variety of economic relationships, and are exposed to opportunism unless fully protected by contract. The recognition that such contracts are often incomplete has yielded major insights into the organization of microeconomic exchange. Rent appropriation,...
Persistent link: https://www.econbiz.de/10012473077