In Fachkreisen werden seit einiger Zeit unterschiedliche Nachhaltigkeitsindikatoren zur Messung des Wohlstands diskutiert. Unter dem Titel »Happy Planet Index« veröffentlicht die New Economics Foundation seit einigen Jahren einen Indikator, der versucht, mit Hilfe der Kennzahlen...

In Fachkreisen werden seit einiger Zeit unterschiedliche Nachhaltigkeitsindikatoren zur Messung des Wohlstands diskutiert. Unter dem Titel »Happy Planet Index« veröffentlicht die New Economics Foundation seit einigen Jahren einen Indikator, der versucht, mit Hilfe der Kennzahlen...

This paper explores the question of structural transformation and income distribution through the eyes of the pioneer in such analysis, Simon Kuznets. It argues that his 1955 paper stands the test of time in providing insights which are relevant to understanding current phenomena like the...

In this article, we revisit the relationship among institutions, human capital, and development. We argue that empirical models that treat institutions and human capital as exogenous are misspecified, both because of the usual omitted variable bias problems and because of differential...

In this paper we revisit the relationship between institutions, human capital and development. We argue that empirical models that treat institutions and human capital as exogenous are misspecified both because of the usual omitted variable bias problems and because of differential measurement...

This paper attempts to understand Asian Drama in the context of the development debates of its time, and in terms of the sensibilities that Gunnar Myrdal - the brilliant economic theorist and philosopher of knowledge, and Swedish politician - brought to the conceptualization of the problems and...

Slavery has been a major institution of labor coercion throughout history. Colonial societies used slavery intensively across the Americas, and slavery remained prevalent in most countries after independence from the European powers. We investigate the impact of slavery on long-run development...

We provide evidence that democracy has a significant and robust positive effect on GDP. Our empirical strategy relies on a dichotomous measure of democracy coded from several sources to reduce measurement error and controls for country fixed effects and the rich dynamics of GDP, which otherwise...

In this paper we revisit the relationship between institutions, human capital and development. We argue that empirical models that treat institutions and human capital as exogenous are misspecified both because of the usual omitted variable bias problems and because of differential measurement...