Explanations of economic growth and prosperity commonly identify a unique causal effect, eg, institutions, culture, human capital, geography. In this paper we provide instead a …
T Verdier - European Economic Review, 1994 - Elsevier
This paper surveys recent work on the political economy of growth. After presenting the general structure of a model of politics and growth with heterogenous agents, we discuss the …
Why do some societies have political institutions that support productively inefficient outcomes? And why does the political power of elites vested in these outcomes often grow …
Z Song - International Economic Review, 2012 - Wiley Online Library
This article investigates how public policy responds to persistent ideological shifts in dynamic politico‐economic equilibria. To this end, I develop a tractable model to analyze the …
D Ticchi, T Verdier, A Vindigni - 2013 - papers.ssrn.com
We develop a theory of endogenous regimes transitions (with a focus on democratic consolidation), which emphasizes the role of political culture and of its interaction with …
Almost all democratic societies evolved socially and politically out of authoritarian and nondemocratic regimes. These changes not only altered the allocation of economic …
JA Robinson - The role of elites in economic development, 2012 - books.google.com
There is a great deal of consensus amongst social scientists that the main explanation for comparative economic performance is variation in economic institutions, construed broadly …
S Boranbay, C Guerriero - Journal of Comparative Economics, 2019 - Elsevier
The paper provides a formal framework identifying both the origins and interaction of a culture of cooperation and inclusive political institutions. When elite members and citizens …
A Bisin, T Verdier - European Journal of Political Economy, 2000 - Elsevier
In this paper, we present a model of cultural transmission of preferences on goods, some of which are provided publicly through simple majority voting. We emphasize the existence of a …