advantage in the final stage. We examine such momentum in conflict scenarios and investigate how valuable it must be to avoid a …, rent dissipation in the two-stage conflict is equal across party whether or not an individual obtains first-stage momentum … as useful conflict benchmarks, they dissipate additional expected contest rents. This additional rent-dissipative toll …

This paper provides evidence on the moderating effects of institutions on the marginal effects of human capital …, improving the quality of institutions moderates the marginal effect of human capital on FDI inflows. Drawing on these findings …, policymakers in developing countries are advised to undertake a set of reforms to upgrade the quality of institutions, improve …

industrialization and faster economic growth. Eventually, the society matures when political and economic institutions are well …

three rounds of household survey data for Sierra Leone in an attempt to estimate the impact of the conflict on the … experienced a sharp reduction in household expenditure inequality in the immediate aftermath of the conflict with most of the …

through institutional mechanisms. The purpose of this paper is to explore the relationship between social sector institutions … and basic institutions, taking into account the economic development of countries and the way in which they are formed. A … number of empiric studies confirmed significant role of institutions to provide conditions for economic development. In order …

(proxied by individual values) interacts with the stickiest formal institutions in development, which leads to a very special …-togetherness" of values and institutions. Besides establishing that both values and sticky formal institutions are strong determinants … of long-run income, I find that the "stuck-togetherness" of values and institutions acts as a separate factor in …