Economics of Institutions

Economics of Institutions studies the interplay and effects of governmental, societal or normative institutions on economic development, i.e. property rights, legal systems, government transparency, and political stability as well as market openness and societal norms.

Research questions

• How can the distribution of public resources be decentralized without local elites capturing them?
• Does religion affect economic growth and happiness?
• Which basic institutions need to be in place to enable economic growth?