We argue that the system of seigneurial tenure used in the province of Quebec until the mid-nineteenth centurya system which allowed significant market power in the establishment of plants, factories and mills, combined with restrictions on the mobility of the labor force within each seigneurial...

The government of Luiz Inácio Lula da Silva implemented a random audits program aimed at curbing municipal corruption in 2003. Recent literature found evidence that these audits successfully reduced corruption (Avis, Ferraz, and Finan 2018) and improved firm performance (Colonnelli and Prem...

While some view the informal economy as parasitic, others view it in a more positive light. We argue that the effect of the informal economy on development depends on both the size of the locale and the institutional environment. Good institutions facilitate productive activity and voluntary...

In this paper, we explore why there are no examples of societies with low state capacity and high economic development. We argue that such an outcome is unlikely because of the nature of investments in state capacity. Societies that become rich in the absence of a strong state invite predation...

This paper argues that significant transfers from peasants to landlords through private taxes and duties under seigneurial law in the French colonies in North America in the eighteenth century have been underestimated. They represented a burden equal to 5.19% to 6.89% of income. This high...