Showing 1 - 10 of 24
This paper proposes a new framework for studying the interplay between culture and institutions. We follow the recent … arrangements. Culture matters as it shapes the set of feasible cultural figurations and via this channel institutions. Yet, changes … in politics and institutions can cause a rewiring of existing attributes, generating very different cultural …
Persistent link: https://www.econbiz.de/10012533381
This paper proposes a new framework for studying the interplay between culture and institutions. We follow the recent … arrangements. Culture matters as it shapes the set of feasible cultural figurations and via this channel institutions. Yet, changes … in politics and institutions can cause a rewiring of existing attributes, generating very different cultural …
Persistent link: https://www.econbiz.de/10013226495
In this paper we revisit the relationship between institutions, human capital and development. We argue that empirical … models that treat institutions and human capital as exogenous are misspecified both because of the usual omitted variable … focus on historically-determined differences in human capital and control for the effect of institutions, the impact of …
Persistent link: https://www.econbiz.de/10010774117
. According to our preferred interpretation, these events provide evidence that, under weak institutions, popular mobilization and …
Persistent link: https://www.econbiz.de/10011083238
institutions. We bolster these baseline findings using an instrumental-variables strategy exploiting regional democratization waves …
Persistent link: https://www.econbiz.de/10012658270
This article uses the different mortality rates of European colonialists to estimate the effect of institutions on … rates were high they did not settle, but set up extractive institutions that exist to the present day. By exploring the … able to estimate the long-term effect of colonial institutions on per capita income. …
Persistent link: https://www.econbiz.de/10005557789
We construct a simple model where political elites may block technological and institutional development, because of a ‘political replacement effect.’ Innovations often erode elites’ incumbency advantage, increasing the likelihood that they will be replaced. Fearing replacement, political...
Persistent link: https://www.econbiz.de/10005124137
political institutions that do not constrain politicians and political elites, ineffective enforcement of property rights for … the answer may be no is that countries pursuing poor macroeconomic policies also have weak ‘institutions’, including … more ‘extractive’ institutions from their colonial past were more likely to experience high volatility and economic crises …
Persistent link: https://www.econbiz.de/10005136626
enabled these groups to demand, obtain, and sustain changes in institutions to protect their property rights. Furthermore, the … existing institutions placed some checks on the monarchy and particularly limited its control of overseas trading activities … the result of capitalist development driven by the interaction of late medieval institutions and the economic …
Persistent link: https://www.econbiz.de/10005458472
enabled these groups to demand, obtain and sustain changes in institutions to protect their property rights. Furthermore, the … existing institutions placed some checks on the monarchy and particularly limited its control of overseas trading activities … the result of capitalist development driven by the interaction of late medieval institutions and the economic …
Persistent link: https://www.econbiz.de/10005067437