Similar Search Results

A Neoclassical Growth Model for the Insiders – Outsiders Society

Kollintzas, Tryphon; Papageorgiou, Dimitris; … - C.E.P.R. Discussion Papers - 2013

conditional growth rate, in a representative panel of developed economies. This paper develops a simple neoclassical growth model … goods. This is the above mentioned political system complementarity. Whether, steady state output and growth towards the …

Persistent link: https://www.econbiz.de/10011084192

Volatility and Political Institutions: Theory and Application to Economic Growth

Besley, Timothy J.; Mueller, Hannes Felix - C.E.P.R. Discussion Papers - 2015

us to interpret the empirical observation that growth volatility is lower in countries with strong executive constraints …. We ?t the model to growth data and use our estimates to describe the heterogeneity in performance of weak and strong …

Persistent link: https://www.econbiz.de/10011145430

A Model of Market and Political Power Interactions for Southern Europe

Kollintzas, Tryphon; Papageorgiou, Dimitris; … - C.E.P.R. Discussion Papers - 2015

In recent years the growth pattern of most Southern European countries has been disturbed, as those countries are … model of market and political power interactions that explains this growth reversal. Moreover, the model is consistent with … output growth. The model is a synthesis of the insiders-outsiders labor market structure and the concept of an elite …

Persistent link: https://www.econbiz.de/10011145445

Growth, Colonization, and Institutional Development: In and Out of Africa

Bertocchi, Graziella - C.E.P.R. Discussion Papers - 2011

This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader … institutional development. After reporting results from standard growth regressions, I analyze the role of Africa’s peculiar history …, which has been marked by its colonization experience. Next I discuss the potential growth impact of state fragility, a …

Persistent link: https://www.econbiz.de/10009225960

Forbidden Fruits: The Political Economy of Science, Religion, and Growth

Bénabou, Roland; Ticchi, Davide; Vindigni, Andrea - C.E.P.R. Discussion Papers - 2015

We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as part of the paper’s motivating evidence we also...

Persistent link: https://www.econbiz.de/10011262883

Can't We All Be More Like Scandinavians? Asymmetric Growth and Institutions in an Interdependent World

Acemoglu, Daron; Robinson, James A; Verdier, Thierry - C.E.P.R. Discussion Papers - 2012

theoretical answers to this question, we develop a simple model of economic growth in a world in which all countries bene…t and …

Persistent link: https://www.econbiz.de/10011083861

De Jure and de Facto Determinants of Power: Evidence from Mississippi

Bertocchi, Graziella; Dimico, Arcangelo - C.E.P.R. Discussion Papers - 2012

We evaluate the empirical relevance of de facto vs. de jure determinants of political power in the U.S. South between the end of the nineteenth and the beginning of the twentieth century. We apply a variety of estimation techniques to a previously unexploited dataset on voter registration by...

Persistent link: https://www.econbiz.de/10011084306

Long Term Persistence

Guiso, Luigi; Sapienza, Paola; Zingales, Luigi - C.E.P.R. Discussion Papers - 2008

Is social capital long lasting? Does it affect long term economic performance? To answer these questions we test Putnam’s conjecture that today marked differences in social capital between the North and South of Italy were due to the culture of independence fostered by the free city-states...

Persistent link: https://www.econbiz.de/10005789085

Do Migrants Improve Governance at Home? Evidence from a Voting Experiment

Batista, Catia; Vicente, Pedro C - C.E.P.R. Discussion Papers - 2011

Can international migration promote better institutions at home by raising the demand for political accountability? In order to examine this question, we designed a behavioral measure of the population’s desire for better governance. A postcard was distributed to households with the pledge...

Persistent link: https://www.econbiz.de/10008854468

Taxation and Development

Besley, Timothy J.; Persson, Torsten - C.E.P.R. Discussion Papers - 2013

The central question in taxation and development is: "how does a government go from raising around 10% of GDP in taxes to raising around 40%"? This paper looks at the economic and political forces that shape the way that fiscal capacity is created and sustained. As well as reviewing the...

Persistent link: https://www.econbiz.de/10011083455