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through which institutions influence aggregate savings and economic development. Whereas research in the field of savings … reasoning, arguing that institutions may influence the individual savings decision as well as national savings in aggregate … institutions drive aggregate savings formation upwards. By contrast, we do not find such effects in the case of the political …
Persistent link: https://www.econbiz.de/10010864064
(see PDF)
Persistent link: https://www.econbiz.de/10010904560
reforms on the economic framework. Recently, measures and proxies notions of 'governance' and 'institutions' have stimulated … do this only through macroeconomic variables and independent governance systems. …
Persistent link: https://www.econbiz.de/10005048827
reforms on the economic framework. Recently, measures and proxies notions of 'governance' and 'institutions' have stimulated … do this only through macroeconomic variables and independent governance systems. …
Persistent link: https://www.econbiz.de/10008563446
Persistent link: https://www.econbiz.de/10004965560
" associated with increasing the financing share of foreign savings. In fact, the evidence suggests the opposite: throughout the …. This result persists even after controlling growth for the quality of institutions. We also find that higher volatility of … the self-financing ratios is associated with lower growth rates, and that better institutions are associated with lower …
Persistent link: https://www.econbiz.de/10008615471
(english) New factors such as governance, ownership and citizen’s participation are now a central focus of development … to be thought of as extra-economic dimensions such as subjective forms of poverty, quality of institutions (especially … public institutions) and type of political regime or, more generally speaking, the society’s system of values. To meet this …
Persistent link: https://www.econbiz.de/10005416729
This anthology consists of a collection of articles that address two common questions : how institutions emerge from … individual actions and how individual actions are shaped by institutions ? What unifies these contributions is the search of a … theoretical explanation that overcomes the shortcomings of the rational choice explanations of social institutions. The approach …
Persistent link: https://www.econbiz.de/10005510647
regulatory instruments, it is also concerned with the quality of supporting regulatory institutions and capacity. Many of the … institutions that support markets are publicly provided and the effectiveness of these regulatory institutions can be expected to … economic outcomes using an econometric model of the impact of regulatory governance. More precisely, it assesses through …
Persistent link: https://www.econbiz.de/10005513506
More realistic economics has to start out from the most basic socio-economic phenomena and processes, i.e. dilemma-prone interdependencies and strong uncertainty among agents that have become ubiquitous phenomena in the world today. In the reality of the “new” economy these are represented...
Persistent link: https://www.econbiz.de/10005482927