regimesemerge, depending on the institutional setting of the respective model economy:the debt-led private demand boom regime (DLPD … government deficits, on the one hand, andELMregimes, on the other, depending ontherequired deleveraging of private household debt …

Societies in Western civilisation enforce their rules through formal institutions such as secularism (SES), whereas in … less developed civilisations often rely on informal institutions such as religion (RES). The present paper attempts to …

institutions, including those subscribed to by the ruling state. As it has been held in variants of institutional economics … subscribed to by John Commons, Thorstein Veblen, Geoffrey Hodgeson, and John Kenneth Galbraith, social institutions remain … society. By shaping business concerns and strategies, social institutions have a major impact on investment decisions in a …

There is a growing consensus among economists and policy makers that institutions matter for economic development and … capture both political and economic dimensions of institutions. The results indicate that a catch-up in economic institutional … quality has occurred and that most countries with weak economic institutions have a higher rate of change than that of …

The Ali (2013, EB) findings on the nexuses among institutions, finance and investment could have an important influence … finance and institutions because they are less realistic to developing countries to which the resulting policy implications … why the Acemoglu & Johnson (2005) justification provided for the measurement of property rights institutions (PRI) is …

increasing unhappiness which accompanied the transition process, including deteriorating public goods, rising inequality, income … satisfaction gap between post-socialist and advanced countries and the role of political institutions in explaining this gap. My … and may have even reversed it in the post-crisis years. As institutions and macroeconomic conditions continue to improve …

(proxied by individual values) interacts with the stickiest formal institutions in development, which leads to a very special …-togetherness" of values and institutions. Besides establishing that both values and sticky formal institutions are strong determinants … of long-run income, I find that the "stuck-togetherness" of values and institutions acts as a separate factor in …