منابع مشابه
Institutions and Progress
Much of the research for this paper also connects with the work of the ESRC funded NEXSUS project coordinated by Peter Allen. I am particularly grateful to Richard Nelson and an anonymous referee for their constructive and helpful comments on a previous draft. An insistent theme in Richard Nelson's work is that of 'capitalism as an engine of progress'. In this paper I explore this idea through ...
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A two-period lifetime overlapping generations growth model is used to evaluate the possibility that social insurance can effectively offset economic risks associated with uncertainty about the rate of population growth. Crude measures of the seriousness of this type of risk in the current United States situation are presented. Sufficient conditions on the structure of the economy for such inter...
متن کاملInstitutions and Economic Performance
Those who analyze political institutions often employ broad labels. They refer to democracy or authoritarianism; presidential or parliamentary governments; or to systems of plurality or proportional representation. In this paper, I refrain from addressing politics at this level and adopt an approach that is far more micro-in perspective. The approach I take can be referred to as " neo-classical...
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ژورنال
عنوان ژورنال: AEA Papers and Proceedings
سال: 2019
ISSN: 2574-0768,2574-0776
DOI: 10.1257/pandp.20191081