change and explores the links between policy and institutions in the context of economic reforms. Thus successful … introduction of new policies may require new institutions and the degree of success in changing policies may depend on the degree … to which existing institutions are modified. The literature on Institutions and Development has dealt with questions of …

quality of management. While labor productivity increases after privatization, the ratio of permanent workers to temporary … workers also increases. Convergence depends to some degree on the quality of the institutions, namely, the rule of law. Not …

estimate the country-specific cost of capital. We find a negative relationship between institutions that protect property … rights and capital costs. Firms located in countries with weak institutions were charged a premium compared to similarly … risky firms located in countries with strong institutions, and this penalty appeared to be costly in terms of future growth …

the institutions and infrastructure literature in this respect, using selection-based gravity modeling of trade flows. We …

smaller countries that were historically backward and developed a different set of political and economic institutions during … political institutions for the long-run evolution of wealth-income ratios. …

Migration is an important and yet neglected determinant of institutions. The paper documents the channels through which … emigration affects home country institutions and considers dynamic-panel regressions for a large sample of developing countries …

contract incentives, wage satisfaction), (ii) institutions (e.g. technology transfer offices, patent exploitation agencies … support infrastructure for start-ups in German academic institutions, these services are little known amongst their staff …