Levchenko, Andrei A. (contributor) - 2008
, institutions matter a great deal for economic performance (La Porta, Lopez-
de-Silanes, Shleifer and Vishny, e.g. 1997, 1998 … institutional change are rare, and they are typically associated with
large and abrupt changes in the economic environment. Finally … economic institutions. It builds
a model in which institutions play two key roles. First, they generate rents for some parties …