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In Search of the Holy Grail: Policy Convergence, Experimentation and Economic Performance

Mukand, Sharun W.; Rodrik, Dani - C.E.P.R. Discussion Papers - 2002

We consider a model of policy choice in which appropriate policies depend on a country’s own circumstances, but the presence of a successful leader generates an informational externality and results in too little ‘policy experimentation’. Corrupt governments are reined in while honest...

Persistent link: https://www.econbiz.de/10005136734

Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development

Rodrik, Dani; Subramanian, Arvind; Trebbi, Francesco - C.E.P.R. Discussion Papers - 2002

We estimate the respective contributions of institutions, geography, and trade in determining income levels around the … world, using recently developed instruments for institutions and trade. Our results indicate that the quality of … institutions 'trumps' everything else. Once institutions are controlled for, measures of geography have at best weak direct effects …

Persistent link: https://www.econbiz.de/10005667122

Institutions For High-Quality Growth: What They Are And How To Acquire Them

Rodrik, Dani - C.E.P.R. Discussion Papers - 2000

This paper opens with a discussion of the types of institutions that allow markets to perform adequately. While we can … identify in broad terms what these are, there is no unique mapping between markets and the non-market institutions that … institutions. A range of evidence indicates that participatory democracies enable higher-quality growth. …

Persistent link: https://www.econbiz.de/10005791566

Fertility Decline and the Heights of Children in Britain, 1886-1938

Hatton, Timothy J.; Martin, Richard M. - Research School of Economics, College of Business and … - 2009

In this paper we argue that the fertility decline that began around 1880 had substantial positive effects on the health of children, as the quality-quantity trade-off would suggest. We use microdata from a unique survey from 1930s Britain to analyze the relationship between the standardized...

Persistent link: https://www.econbiz.de/10008490572

A Model of UK Emigration, 1870-1913

Hatton, Timothy J. - C.E.P.R. Discussion Papers - 1993

This paper develops a simple time-series model of emigration and applies it to data for emigration from the UK between 1870 and 1913. The model is derived from a microeconomic analysis of the migration decision and provides a specific functional form and dynamic structure. It encompasses many of...

Persistent link: https://www.econbiz.de/10005123832

Health, Height and the Household at the Turn of the 20th Century

Bailey, Roy E; Hatton, Timothy J.; Inwood, Kris - C.E.P.R. Discussion Papers - 2014

We examine the health and height of men born in England and Wales in the 1890s who enlisted in the army at the time of the First World War. We take a sample of the army service records and use this information to find the recruits as children in the 1901 census. Econometric results indicate that...

Persistent link: https://www.econbiz.de/10011083506

The Impact of Emigration on Real Wages in Ireland 1850-1914

Boyer, George; Hatton, Timothy J.; O'Rourke, Kevin … - C.E.P.R. Discussion Papers - 1993

In this paper we evaluate quantitatively the impact of mass emigration from Ireland between the 1850s and the first World War on Irish real wages. We produce new estimates for several occupations which show that, contrary to some accounts, real wage growth in Ireland was respectable by...

Persistent link: https://www.econbiz.de/10005666710

New Estimates of British Unemployment, 1870-1913

Boyer, George; Hatton, Timothy J. - C.E.P.R. Discussion Papers - 2001

Existing estimates of the annual unemployment rate from 1870 to 1913 were constructed by the Board of Trade, initially in 1888, and updated thereafter. This is still the series which is widely used and cited. It is based on records of the number unemployed in various trade unions and it has a...

Persistent link: https://www.econbiz.de/10005666759

Industrial Policy for the Twenty-First Century

Rodrik, Dani - C.E.P.R. Discussion Papers - 2004

Unlike what is commonly believed, the last two decades have not witnessed the twilight of industrial policy. Instead, incentives and subsidies have been refocused on exports and direct foreign investment, in the belief that these activities are the source of significant positive spillovers. The...

Persistent link: https://www.econbiz.de/10005124119

Rule of Law, Democracy, Openness and Income: Estimating the Interrelationships

Rigobon, Roberto; Rodrik, Dani - C.E.P.R. Discussion Papers - 2004

We estimate the interrelationships among economic institutions, political institutions, openness, and income levels … openness and better institutions, but these effects are not very strong. Rule of law and democracy tend to be mutually …

Persistent link: https://www.econbiz.de/10005666734