Syllabus/achievement requirements

Reading list

1) Introduction

North, Douglas C.: "Economic Performance Through Time" in Americn Economic Review, 1994. Princeton University Press. 84 (3),. pp. 359-368.

2) Institutions and Economic Performance

Acemoglu, D., S. Johnson and J.A. Robinson: "The Colonial Origins of Comparative Development: an Empirical Investigation" in American Economic Review, , 2001. Vol. 91, No. 5. pp. 1369-1401.

Hall, R.E. and C.I. Jones: "Why do some countries produce so much more output per worker than others?" in Quarterly Journal of Economics, , Feb. 1999, 114 (1). pp. 83-116.

3) Institutions and Commitment

Acemoglu, D. and S. Johnson: "Unbundling Institutions" in Journal of Political Economy, 113 (5), . pp. 949-995.

Acemoglu, D. and J.A. Robinson: "Why did the West extend the franchise? Democracy, inequality and growth in historical perspective" in Quarterly Journal of Economics, 115. pp. 1167-1199.

North, D.C. and B.R. Weingast: "Constitutions and Commitment: The Evolution of Institutions Governing Public Choice in Seventeenth Century England" in Journal of Economic History, 1989. 48 (4). pp. 803-832.

4) Bad Institutions

Engerman, S.L and K.L. Sokoloff: "Factor Endowments, Institutions and Differential Paths of Growth among New World Economies: A View from Economic Historians of the United States" in S.H. Haber (ed.): How Latin America Fell Behind, Stanford University Press, Stanford CA. pp. 260-304. Ugly version. Fulltext.

Acemoglu, D., D. Ticchi and A. Vindigni: "Emergence and Persistence of Inefficient States" in Journal of the European Economic Assocciation, 2011. pp. 177-208. DOI: 10.1111/j.1542-4774.2010.01008.x.

Shleifer, A. and R.W. Vishny: "Corruption" in Quarterly Journal of Economics, 108 (3), 599-617. JSTOR.

5) Complementarity of Institutions

Barth, E. and K.O. Moene: "The Equality Multiplier" in ESOP working paper.

6) Agency Problems: Voters - Politicians - Bureaucrats

Moene, K: "Types of bureaucratic interaction" in Journal of Public Economics, 1986. 29 (3). pp. 333-345.

Besley, T., T. Persson and D. M. Sturm: "Political Competition, Policy and Growth: Theory and Evidence from the United States." in Review of Economic Studies, 2010. 77: . 1329–1352.

7) The Firm

Alchian A. and H. Demzets: "Production, information costs and economic organization" in American Economic Review, 1972. 62 (5) . pp. 777-795.

Coase, R.: "The nature of the firm" in Economica, 1937, 4 (16). pp. 386-405.

Moene, K.O.: "Pay, Power and Effort: The Employment Relation" in Lecture notes.

8) Organized Interest and Ownership

Craig, B. and J. Pencavel: "The Behavior of Worker Cooperatives: The Plywood Companies of the Pacific Northwest" in American Economic Review, 1992, 82 (5). pp. 1083-1105.

Moene, K. O. and M. Wallerstein: "Unions Versus Cooperatives" in Bowles, S. H. Gintis and B. Gustafsson (eds.): Markets and Democracy: Participation, Accountability and Efficiency, 1993. Cambridge University Press. Link.

Moene, K, M. Wallerstein and M. Hoel: "Bargaining Structure and Economic Performance " in Flanagan, Moene and Wallerstein (eds.): Trade Union Behaviour, Pay Bargaining and Economic Performance, 1993. Claredon Press, Oxford. Link.

Sen, A. K.: "Labour allocation in a cooperative enterprise" in Review of Economic Studies, 33 (4) (Oct. 1966). pp. 361-371.

Published Apr. 5, 2011 10:24 AM - Last modified Nov. 17, 2022 2:54 PM