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Kilström, Matilda; Roth, Paula - 2022

In this paper, we study the role of risk-sharing in entrepreneurship-driven innovation. Studying entrepreneurship and innovation entails modeling an occupational choice and an effort choice. Risk-sharing may increase the number of individuals who become entrepreneurs by limiting the downside...

Persistent link: https://www.econbiz.de/10013161870

Capital flows and endogenous growth

Komarov, Evgenij - 2021 - This version: November 18, 2021

So-called "uphill capital flows", i.e. flows of physical capital from relatively poor to rich countries, are a new phenomenon with yet unclear impact. We develop a unified framework incorporating economic institutions, human capital and physical capital to study the interaction of international...

Persistent link: https://www.econbiz.de/10012696550

Who are the champions? : inequality, economic freedom and the olympics

Kufenko, Vadim; Geloso, Vincent - 2019

Does a countrys level of inequality affect its ability to win Olympic medals? If it does, is it conditional on … institutional factors? We argue that the ability of economically free societies to win medals will not be affected by inequality. In … out those of inequality. In unfree societies, the incentives that promote investments in skills across the income …

Persistent link: https://www.econbiz.de/10012145428

Who are the Champions? Inequality, Institutions and the Olympics

Kufenko, Vadim; Geloso, Vincent - 2019

Does a country's level of inequality affect its ability to win Olympic medals? If it does, is it conditional on … institutional factors? We argue that the ability of economically free societies to win medals will not be affected by inequality. In … out those of inequality. In unfree societies, the incentives that promote investments in skills across the income …

Persistent link: https://www.econbiz.de/10014105446

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

Legislative Independence and Incumbent Electoral Advantage : Evidence from Parliamentary Elections in Kenya

Opalo, Ken Ochieng' - 2017

What explains the observed incumbency effects in emerging democracies? Unlike their counterparts in advanced democracies, legislative incumbents in emerging democracies are disadvantaged. Existing research attributes this to “endemic voter discontent,” arguing that the preponderance of venal...

Persistent link: https://www.econbiz.de/10012964597

Globalization, Institutions, and Income Convergence

Harger, Kaitlyn - 2017

The income convergence literature suggests that poor countries or regions can catch-up to rich ones conditional on sharing certain characteristics with rich countries or regions. Good institutions such as strong property rights and rule-of-law are key among those characteristics. Globalization...

Persistent link: https://www.econbiz.de/10012965667

Finance and Growth : Modern Interpretations of the Thoughts of Schumpeter

Lauretta, Eliana - 2015

Studies of the 2007-09 credit crisis and the resulting recession have revealed the inadequacy of the predominant theoretical frameworks and their failure to propose adequate policy solutions. The presence in the economy of “bank money” and a financial system (not only constituted by banks)...

Persistent link: https://www.econbiz.de/10013027725

Crises and Government : Some Empirical Evidence

Bologna Pavlik, Jamie - 2015

We examine a panel of 70 countries during 1966-2010 and utilize Reinhart and Rogoff crisis dates to estimate the effects of crises on the size and scope of government over both 5-year and 10-year horizons. We also estimate cross-section regressions using 40-year (1970-2010) changes in government...

Persistent link: https://www.econbiz.de/10013035187

Modeling Institutional Evolution

Neyaptı, Bilin - 2015

Taking stock of the main approaches to explaining institutional change and its relationship with economic development, this paper proposes an original formal framework to analyze institutional evolution. Institutions have formal (F) and informal (N) aspects that may evolve at different paces,...

Persistent link: https://www.econbiz.de/10013039079