(Thursday, 3rd June 2010)
I will be discussing different models of the political economy of institutional persistence and change, with empirical examples drawn from the U.S. South after slavery.
Bibliographical references :
Persistence of Power, Elites and Institutions
Daron Acemoglu and James A. Robinson, American Economic Review, 98(1), pp. 267-93.
http://econ-www.mit.edu/files/4481
Suffrage, Schooling, and Sorting in the Post-Bellum U.S. South (Suresh Naidu)
http://tuvalu.santafe.edu/~snaidu/papers/suffrage.pdf
If there is time, we will also consider evolutionary models of institutional change:
Institutional Persistence (Sam Bowles, Suresh Naidu, and Sung-Ha Hwang) Preliminary!
http://tuvalu.santafe.edu/~snaidu/papers/class_dyn_oct9_2008.pdf