This paper shows that whether natural resources are good or bad for a country's development depends crucially on the interaction between institutional setting and the type of resources that the country possesses. Some natural resources are for economical and technical reasons more likely to...

As a contribution to the recent debate about graduate education in Economics, we have surveyed all students enrolled in the Stockholm Doctoral Program in Economics. We believe that this is a good representative of a strong European graduate program which in the early 1990's adopted a US-style...

Several recent papers suggest that the negative association between natural resource intensity and economic growth can be reversed if institutional quality is high enough. We try to understand this result in more detail by decomposing the resource measure, using alternative measures of both...