000			03182cam a22005177a 4500
001			w30924
003			NBER
005			20230322103729.0
006			m o d
007			cr cnu||||||||
008			230322s2023 mau fo 000 0 eng d
040			_aMaCbNBER _beng _cMaCbNBER
100	1		_aAlston, Eric C.
245	1	0	_aNew Institutional Economics and Cliometrics / _cEric C. Alston, Lee J. Alston, Bernardo Mueller.
260			_aCambridge, Mass. _bNational Bureau of Economic Research _c2023.
300			_a1 online resource: _billustrations (black and white);
490	1		_aNBER working paper series _vno. w30924
500			_aFebruary 2023.
520	3		_aThe New Institutional Economics (NIE) has its early roots in Cliometrics. Cliometrics began with a focus on using neoclassical theory to develop and test hypotheses in economic history. But empirical consideration of economic and political development within and across countries is limited, absent consideration of the institutional context. The NIE as applied in economic history first focused on the roles of transaction costs and property rights. From this micro-institutional perspective, the NIE expanded its focus to the role of institutions and norms on economic development as well as how economic forces along with political institutional variance influences outcomes both within and across countries. This involves considering both forces that impede and promote economic and political convergence across countries as well the forces that determine a transition to a new economic or political trajectory altogether. Testing for the determinants of economic and political development is plagued with omitted variables and endogeneity concerns, a constraint which has recently prompted scholars to draw on complexity theory to further supplement the NIE and Cliometrics.
530			_aHardcopy version available to institutional subscribers
538			_aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538			_aMode of access: World Wide Web.
588	0		_aPrint version record
690		7	_aHistorical • Institutional • Evolutionary • Modern Monetary Theory _2jelc
650		7	_aHistorical • Institutional • Evolutionary • Modern Monetary Theory _2jelc
084			_aB52 _2jelc
690		7	_aEconomic Development _2jelc
650		7	_aEconomic Development _2jelc
084			_aF63 _2jelc
690		7	_aDevelopment of the Discipline: Historiographical; Sources and Methods _2jelc
650		7	_aDevelopment of the Discipline: Historiographical; Sources and Methods _2jelc
084			_aN01 _2jelc
690		7	_aGeneral _2jelc
650		7	_aGeneral _2jelc
084			_aP0 _2jelc
690		7	_aGeneral _2jelc
650		7	_aGeneral _2jelc
084			_aP50 _2jelc
700	1		_aAlston, Lee J. _94809
700	1		_aMueller, Bernardo.
710	2		_aNational Bureau of Economic Research.
830		0	_aWorking Paper Series (National Bureau of Economic Research) _vno. w30924.
856	4	0	_uhttps://www.nber.org/papers/w30924
856			_yAcceso en línea al DOI _uhttp://dx.doi.org/10.3386/w30924
942			_2ddc _cW-PAPER
999			_c390755 _d349317