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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

Because of their more limited inequality and more comprehensive social welfare systems, many perceive average welfare to be higher in Scandinavian societies than in the United States. Why then does the United States not adopt Scandinavian-style institutions? More generally, in an interdependent...

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

Factor Saving Innovation

Boldrin, Michele; Levine, David - C.E.P.R. Discussion Papers - 2002

conditions. The model provides a step toward a theory of endogenous innovation under conditions of perfect competition. …

Persistent link: https://www.econbiz.de/10005114155

Reevaluating the Modernization Hypothesis

Acemoglu, Daron; Johnson, Simon; Robinson, James A; … - C.E.P.R. Discussion Papers - 2007

capita income causes the creation and the consolidation of democracy. We argue that existing studies find support for this … affect both the level of income per capita and the likelihood of democracy in a country, and failing to control for these … factors may introduce a spurious relationship between income and democracy. We show that controlling for these historical …

Persistent link: https://www.econbiz.de/10005661513

Income and Democracy

Acemoglu, Daron; Johnson, Simon; Robinson, James A; … - C.E.P.R. Discussion Papers - 2005

causes democracy. Existing studies establish a strong cross-country correlation between income and democracy, but do not … country fixed effects removes the statistical association between income per capita and various measures of democracy. We also … on democracy. Furthermore, we reconcile the positive cross-country correlation between income and democracy with the …

Persistent link: https://www.econbiz.de/10005666490

A Neoclassical Growth Model for the Insiders – Outsiders Society

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

The wage premium in the public sector, as measured by the ratio of the average wage rate in the public sector relative to the average wage rate in the private sector, varies considerably across developed economies. And, varies in some developed economies over large periods of time. Further, this...

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

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

Volatility and Political Institutions: Theory and Application to Economic Growth

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

This paper develops a model where an institutional constraint limits incumbent discretion to prevent adverse policy outcomes. We show that, in this framework, executive constraints have an impact on the mean and variance of policy. This allows us to interpret the empirical observation that...

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 suffering from economic crises that go beyond the usual business cycle. In this paper, we develop a dynamic general equilibrium model of market and political power interactions that...

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

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