The present paper assesses the interactions between innovation and economic institutions within the context of the … innovations on growth and inequality diminish as institutions increase in quality, and the effects of institutions can be … influenced by level of innovations. This indicates that while institutions and innovations can be inequality-inducing, their …

phenomenon with yet unclear impact. We develop a unified framework incorporating economic institutions, human capital and … which a positive change of a country's economic institutions can attract inflows of physical capital from abroad, leading to … institutions can lead to substantial divergence in income over time. We derive conditions under which a country receives inflows of …

institutions on development, the costs of fractionalization, and research on the policies of social inclusion around the world …. -- shared societies ; economic inclusion ; institutions ; economic growth ; income distribution …

underdeveloped markets for capital and information; (2) by discouraging the evolution of the economic and political institutions …

We study economies where improving the quality of institutions - modeled as improving contract enforcement - requires …

, and about the effects of institutions, social structure, and culture on economic growth. We also outline challenges for …

While the mainstream economics over stresses the roles played by institutions defined as formal rules and organizations …