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Deuda pública interna, patrón metálico y guerras civiles: interconexiones institucionales, la Colombia del siglo XIX

Rivera, Angela Milena Rojas - In: Lecturas de Economía (2007) 67, pp. 195-224

This article analyzes the monetary and institutional impacts of the domestic public debt in 19th century Colombia. It shows the nature of this debt and its evolution so as to ultimately sketch one side of the institutional matrix of that century. The article draws upon the New Economic...

Persistent link: https://www.econbiz.de/10005464612

How Institutional Incentives and Constraints Affect the Progress of Science

Diamond, Arthur - In: Prometheus 26 (2008) 3, pp. 231-239

by the incentives and constraints that scientific institutions create. This paper aims to answer two objections to the … the incentives and constraints provided by scientific institutions. I also discuss the implications of path dependence for …

Persistent link: https://www.econbiz.de/10005467868

Measuring the Potential of Unilateral CDM - A Pilot Study -

Jahn, Michael; Michaelowa, Axel; Raubenheimer, Stefan; … - HWWA Institut für Wirtschaftsforschung - 2004

The Clean Development Mechanism (CDM) was originally seen as an instrument with a bilateral character where an entity from an industrialised country invests in a project in a developing country (DC). Also, multilateral funds were envisaged that would bundle investments to spread project risks....

Persistent link: https://www.econbiz.de/10005468582

Information, Institutions and Banking Sector Development in West Africa

Demetriades, Panicos; Fielding, David - Department of Economics, Leicester University - 2009

Using a new panel dataset for banks in eight West African countries, we explore the factors that exacerbate or alleviate excess liquidity, and the factors that promote or retard the rate of growth of banks’ assets. Loan default rates in the region are high, and variations in the rate impact on...

Persistent link: https://www.econbiz.de/10005422714

Keynes and Australia

Markwell, Donald J - Reserve Bank of Australia - 2000

JM Keynes was more important to Australia than Australia was to him. Yet the connections are many and varied, and worthy of some attention. As has been said, ‘a survey of the rise and fall of Keynesian economics in Australia’ is ‘an important story which still has to be written’; but it...

Persistent link: https://www.econbiz.de/10005423623

Markets and Cooperation

Spagnolo, Giancarlo - Economics Institute for Research (SIR), … - 1998

Why do money and markets crowd out cooperative relations? This paper characterizes the effects of intertemporal preferences, money, and markets on players' ability to cooperate in material-payoff supergames. Players' aversion to intertemporal substitution facilitates cooperation by decreasing...

Persistent link: https://www.econbiz.de/10005423791

Financial Revolution and Economic Modernization in Sweden

Ögren, Anders - Economics Institute for Research (SIR), … - 2006

The development of a well adapted financial system was a main part of the successful Swedish economic modernization in the latter half of the nineteenth century. In this paper it is shown that this development followed the pattern of a financial revolution. Major institutional and organizational...

Persistent link: https://www.econbiz.de/10005423826

Financial Liberalization, Banking Crises and Growth: Assessing the Links

Bonfiglioli, Alessandra; Mendicino, Caterina - Economics Institute for Research (SIR), … - 2004

financial systems and good institutions. <p> The positive effect of financial liberalization is robust to different definitions …

Persistent link: https://www.econbiz.de/10005423879

Unbundling Ex-Colonies: A Comment on Acemoglu, Johnson, and Robinson, 2001

Olsson, Ola - Nationalekonomiska institutionen, Handelshögskolan - 2004

between 1500-1830, strong capitalist institutions were largely non-existent in the Western world. During the scrable for … Africa, starting in 1885, good institutions were an option, but the disease environment had then drastically changed. We show …/Neo-European subsample, the proposed relationship between settler mortality and institutions is weak or rejected for Latin America and Africa …

Persistent link: https://www.econbiz.de/10005423917

Social Capital vs Institutions in the Growth Process

Ahlerup, Pelle; Olsson, Ola; Yanagizawa, David - Nationalekonomiska institutionen, Handelshögskolan - 2007

trust and social capital will have its greatest impact on economic performance when court institutions are relatively weak … of institutional strength and that the effect of social capital vanishes when institutions are very strong. When we bring …

Persistent link: https://www.econbiz.de/10005423939