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This study analyzes how state capacity shapes the local impact of national policies by exploiting a quasi-natural experiment in the regional expansion of the state. It uses the local discontinuity created by the boundary of the largest peasant rebellion in 18th century Russia where the state...
Persistent link: https://www.econbiz.de/10012938946
as growth models have been different. The major objective of this paper is to compare the policies, institutions …, policies and institutions since last three decades. …
Persistent link: https://www.econbiz.de/10011444894
This paper analyzes the impact of Augusto Pinochet's autocracy on the Chilean economy. The study compares outcomes under Pinochet's leadership with those in a synthetic counterfactual made of a weighted average of countries with similar characteristics. I find that, relative to the control,...
Persistent link: https://www.econbiz.de/10012844513
historical data from Maddison to confirm a link between political institutions and propensity to experience large swings in … growth. We also study the role of institutions and macroeconomic policies, such as inflation, openness to trade, size of … stagnation. Moreover, these effects are nonlinear and dependent on the quality of institutions. We conclude by highlighting …
Persistent link: https://www.econbiz.de/10012869324
liberalisation in stable democratic institutions. As a catalyst and anchor for critical market reforms and institutional …
Persistent link: https://www.econbiz.de/10014380688
institutions and power relationships for long-run growth-and for stagnation. …
Persistent link: https://www.econbiz.de/10011349456
seriously considers the role of institutions and power relationships for long-run growth. In illustrating Steindl …
Persistent link: https://www.econbiz.de/10012930483
institutions and power relationships for long-run growth — and for stagnation …
Persistent link: https://www.econbiz.de/10013014076
Demand and Growth Regimes (DGR) and Macroeconomic Policy Regimes (MPR) frameworks have taken prominence within the post-Keynesian literature. However, the majority of studies based on these conceptual frameworks have focused on developed economies. The main contribution of this paper is to...
Persistent link: https://www.econbiz.de/10013500700
Demand and growth regimes (DGR) and macroeconomic policy regimes (MPR) frameworks have assumed prominence within the post-Keynesian literature. However, most studies based on these conceptual frameworks have focused on developed economies. The main contribution of this paper is to provide a...
Persistent link: https://www.econbiz.de/10014516160