This paper analyzes periods of economic stagnation in a panel of countries. We test whether stagnation can be predicted … traditional macroeconomic variables. We examine the determinants of stagnation episodes using dynamic linear and non-linear models …. In addition, we analyze whether the effects of the included variables on the onset of stagnation differ from the effects …

We study economies where improving the quality of institutions - modeled as improving contract enforcement - requires …

This survey reviews the recent research on trust, institutions and growth. It discusses the various measures of trust … market and the product market. The last part reviews recent progress to identify how institutions and policies can affect …

, Bosnia and Herzegovina, Kosovo*, the former Yugoslav Republic of Macedonia, Montenegro, Serbia and Turkey. Sound institutions … the quality of their institutions and economic governance over the past decade, it is crucial that they preserve the …

institutions have been found to be decisive for the break out of stagnation and for explaining cross-country income differences by …

The so-called 'deep determinants' of economic growth and development (namely, geography, institutions, and integration …) have been found to be decisive for the break out of stagnation and for explaining cross-country income differences by many …

We study the implications of two historical institutions, direct British rule, and the heterogeneous land tenure … institutions implemented by the British, on disparity in present day development using district level data from India. Using …