Warum wuchsen und wachsen Volkswirtschaften nicht ständig? Können Institutionen der Schlüssel zu Erklärung sein? Und wie könnten Volkswirtschaften auf Wachstumspfade gebracht werden? Im Modellrahmen der neoklassischen Ökonomik wird durch den Autor ein Erklärungsansatz in Ergänzung der...

After a decade of research, the effect of inequality on long-run economic growth remains unresolved, in part because researchers have treated omitted variable bias as an estimation problem rather than a deeper question of causality. In this article we argue that the key omitted variable is the...

This study was motivated by the quest to investigate how the interaction between corruption and institutional quality affects Nigeria's economic performance by testing the validity of the "sand the wheels" and "grease the wheels" corruption hypothesis through the Barro-type endogenous growth...