taxes as an obstacle to growth. -- Institutions ; Taxes ; Quality of Public Services …

We explore the exercise of power in perpetuating status quo institutions. We give empirical examples of the economic …

Reliable institutions - i.e., institutions that live up to the norms that agents expect them to keep - foment …

We document that trust in public institutions - and particularly trust in banks, business and government - has declined … the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial … over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in …

We document that trust in public institutions and particularly trust in banks, business and government has declined … the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial … over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in …