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Can't we all be more like Scandinavians? : asymmetric growth and institutions in an Interdependent world

Acemoglu, Daron; Robinson, James A.; Verdier, Thierry - 2012

-style institutions? More generally, in an interdependent world, would we expect all countries to adopt the same institutions? To provide … theoretical answers to this question, we develop a simple model of economic growth in a world in which all countries benefit and … potentially contribute to advances in the world technology frontier. A greater gap of incomes between successful and unsuccessful …

Persistent link: https://www.econbiz.de/10012825884

Was Prometheus Unbound by Chance? Risk, Diversification and Growth

Acemoglu, Daron; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 1996

This paper offers a theory of development which links the degree of market incompleteness to capital accumulation and growth. At early stages of development, the presence of indivisible projects limits the degree of risk-spreading (diversification) that the economy can achieve. The desire to...

Persistent link: https://www.econbiz.de/10005124312

Agency Costs in the Process of Development

Acemoglu, Daron; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 1996

information production role of banks. Because the amount of available information increases with development, our model predicts … the pattern of financial development observed in practice; banks first and stock markets later. …

Persistent link: https://www.econbiz.de/10005136536

Agency costs in the process of development

Acemoglu, Daron; Zilibotti, Fabrizio - Institute for International Economic Studies (IIES), … - 1997

Persistent link: https://www.econbiz.de/10005648811

The Power of the Street : Evidence from Egypt's Arab Spring

Acemoglu, Daron - 2016

During Egypt's Arab Spring, unprecedented popular mobilization and protests brought down Hosni Mubarak's government and ushered in an era of competition between three groups: elites associated with Mubarak's National Democratic Party (NDP), the military, and the Islamist Muslim Brotherhood....

Persistent link: https://www.econbiz.de/10013006014

Young, Restless and Creative: Openness to Disruption and Creative Innovations

Acemoglu, Daron; Akcigit, Ufuk; Celik, Murat Alp - Department of Economics, University of Pennsylvania - 2014

This paper argues that openness to new, unconventional and disruptive ideas has a .first-order impact on creative innovations - innovations that break new ground in terms of knowledge creation. After presenting a motivating model focusing on the choice between incremental and radical innovation,...

Persistent link: https://www.econbiz.de/10010737405

Can't We All Be More Like Scandinavians? Asymmetric Growth and Institutions in an Interdependent World

Acemoglu, Daron; Robinson, James A; Verdier, Thierry - C.E.P.R. Discussion Papers - 2012

-style institutions? More generally, in an interdependent world, would we expect all countries to adopt the same institutions? To provide … theoretical answers to this question, we develop a simple model of economic growth in a world in which all countries bene…t and … potentially contribute to advances in the world technology frontier. A greater gap of incomes between successful and unsuccessful …

Persistent link: https://www.econbiz.de/10011083861

Democracy does cause growth

Acemoglu, Daron; Naidu, Suresh; Restrepo, Pascual; … - In: Journal of political economy 127 (2018) 1, pp. 47-100

Persistent link: https://www.econbiz.de/10012065089

Democracy does cause growth

Acemoglu, Daron; Naidu, Suresh; Restrepo, Pascual; … - 2016

Persistent link: https://www.econbiz.de/10012028477

Institutions, human capital, and development

Acemoglu, Daron; Gallego, Francisco A.; Robinson, James A. - In: Annual review of economics 6 (2014), pp. 875-912

Persistent link: https://www.econbiz.de/10011380229

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