Under what circumstances do democratic as opposed to authoritarian institutions emerge? Although a large literature has tackled this question (see Acemoglu et al. 2001, Acemoglu and Robinson 2012, Engerman and Sokoloff 2000), we still have an imperfect knowledge of how representative institutions originate and change.
What explains political institutions? Evidence from colonial British America
Elena Nikolova, 17 August 2012
International trade and institutional change: Medieval Venice's response to globalisation
Diego Puga, Daniel Trefler, 5 August 2012
Vox readers can download CEPR Discussion Paper 9076 for free here.
How universities helped transform the medieval world
Davide Cantoni, Noam Yuchtman, 21 May 2012
How does a new form of knowledge enter the public sphere and what are the consequences for economic activity? Today, thousands of students are pursuing university degrees in biotechnologies and computer sciences in order to enter the high-tech labour force or to become entrepreneurs. Do the institutions that train them generate economic growth?
Hatred transformed: How Germans changed their minds about Jews, 1890-2006
Hans-Joachim Voth, Nico Voigtländer, 1 May 2012
How and when do people change their minds? For example, watching a popular television series like AMC’s Mad Men seems to transport us straight to another planet. It shows the lives of advertising executives on Madison Avenue in the 1960s who spend their days drinking heavily (from 9am), chain-smoking, and fornicating.
Europe requires European bonds
Christophe Chamley, 10 January 2012
The ongoing Eurozone crisis has at least four dimensions:
What really happened during the Glorious Revolution – and why it matters for current fiscal crises
Steven CA Pincus, James A Robinson, 7 August 2011
Debt crises and fiscal problems are nothing new. On 2 January 1672, King Charles II of England put a “stop on the exchequer,” suspending repayment of his debts for a year. Such events would have been more common for the Stuart kings if people had been prepared to lend them money in the first place.
The “Out of Africa” hypothesis, human genetic diversity, and comparative economic development
Quamrul Ashraf, Oded Galor, 1 August 2011
Existing theories of comparative development seek to explain the vast inequality in living standards around the world.
From lender of last resort to global currency? Sterling lessons for the US dollar
Marc Flandreau, Stefano Ugolini, 23 July 2011
Financial crises are bad news for the status of the currency in which the turmoil is denominated, right?
So the US-made financial crisis must be bad for the dollar, right?
And especially so because of the expansive dollar monetary policy that has ensued, right?
Opening Pandora’s box: A new look at the industrial revolution
Tony Wrigley, 22 July 2011
The most fundamental defining feature of the industrial revolution was that it made possible exponential economic growth – growth at a speed that implied the doubling of output every half-century or less. This in turn radically transformed living standards. Each generation came to have a confident expectation that they would be substantially better off than their parents or grandparents.
America’s Revolution: Economic disaster, development, and equality
Peter H. Lindert, Jeffrey G. Williamson, 15 July 2011
When did American growth really take off? Did it accelerate only in the 1840s, or was it earlier, perhaps even before the revolution?
This debate over early American growth after the revolution has always been hampered by a lack of data and by the revolution itself. The colonial era covers even more contested territory, marked by little firm evidence.
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DellaVigna, Durante, Knight, La Ferrara
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- 21st Century Challenges: The Mobile Middle Class13 - 13 March 2014 / Royal Geographical Society, 1 Kensington Gore, SW7 London / Royal Geographical Society (with IBG)
- The 13th Annual GEP Postgraduate Conference 20141 - 2 May 2014 / Nottingham / Sponsored by Nottingham Centre for Research on Globalisation and Economic Policy (GEP) University of Nottingham, United Kingdom
- Exchange Rates and External Adjustment2 - 3 June 2014 / Zurich / Swiss National Bank
- 13th Summer School in International Development Economics: Investment, Saving and Wellbeing in Developing Countries10 - 13 June 2014 / Palazzo Feltrinelli, Gargnano, Lake Garda (Italy) / Organisers: Centro Studi Luca d’Agliano, Centre for Economic Policy Research (CEPR), Paolo Baffi Center on International Markets, Money and Regulation, Department of Economics, Management and Quantitative Methods of the University of Milan, Department of Economics, Quantitative Methods and Business Strategies of the University of Milan Bicocca, Vilfredo Pareto Doctoral Program in Economics of the University of Turin, The Lombardy Advanced School of Economic Research (LASER).
- 3rd WB-BE Research Conference: Financing growth: Levers, Boosters and Brakes23 - 24 June 2014 / Banco de España headquarters in Madrid / This conference is sponsored by Banco de España and The World Bank