transaction difficulties. But, such environments often also feature highly interventionist government, and even corruption … for empirical examination of these issues because her legal and market institutions are generally weak, but nonetheless … exhibit substantial province-level variation. Vertical integration is more common where legal institutions are weaker and …

Bigger governments raise the possibilities for corruption; more corruption may in turn raise the support for … redistributive policies that intend to correct the inequality and injustice generated by corruption. We formalize these insights in a … simple dynamic model. A positive feedback from past to current levels of taxation and corruption arises either when wealth …

possible by weaknesses in the institutions in these societies. Members of society need to cooperate in order to depose a …

. In a large electorate, the numerical advantage of the majority becomes irrelevant: democracy is undone by the market …

Migration outflows, especially of young people, may deprive an economy of entrepreneurial energy and innovative ideas …

Migration and pollution are two defining features of China's impressive growth performance over the last 30 years. In … this paper we study the migration response to pollution in Chinese cities, and its consequences for productivity and …