economic growth, but the "critical junctures" in which institutions can change are not precisely defined. For example, such … experiments to identify causal effects. We argue that critical junctures are identifiable in real-time as moments when there … to institutions, i.e., the "fundamental rules of the game"; (ii) are real-time studies of plausible critical junctures …

economic growth, but the "critical junctures" in which institutions can change are not precisely defined. For example, such … experiments to identify causal effects. We argue that critical junctures are identifiable in real-time as moments when there … to institutions, i.e., the "fundamental rules of the game"; (ii) are real-time studies of plausible critical junctures …