Current Research

Long Run Growth

1. Unbundling Institutions, with Daron Acemoglu.  Working Paper.

2. The Rise of Europe: Atlantic Trade, Institutional Change and Economic Growth, with Daron Acemoglu and James A. Robinson.  Working Paper.

3. Disease and Development in Historical Perspective, with Daron Acemoglu and James A. Robinson.  Forthcoming, Journal of the European Economic Association, 2003.

4. Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution, with Daron Acemoglu and James A. RobinsonQuarterly Journal of Economics, November 2002.

5. The Colonial Origins of Comparative Development: An Empirical Investigation, with Daron Acemoglu and James A. Robinson.  American Economic Review, December 2001.  Unpublished Appendices.

6. An African Success Story: Botswana, with Daron Acemoglu and James A. Robinson.  Forthcoming in Analytical Development Narratives, edited by Dani Rodrik, Princeton University Press, 2002.

7. Understanding Prosperity and Poverty: Geography, Institutions, and the Reversal of Fortune, with Daron Acemoglu and James A. Robinson.  Working Paper.

Economic Crises

1. Institutional Causes, Macroeconomic Symptoms: Volatility, Crises and Growth, with Daron Acemoglu, James A. Robinson, and Yunyong Thaicharoen.  Journal of Monetary Economics 2003 (Carnegie-Rochester Conference Series).

2. Cronyism and Capital Controls: Evidence from Malaysia, with Todd Mitton Journal of Financial Economics, 2003.

3. Corporate Governance in the Asian Financial Crisis, with Peter Boone, Alasdair Breach, and Eric Friedman, Journal of Financial Economics, 2000.

4. Institutions, Corporate Governance, and Crises, with Daron Acemoglu, in Global Issues in Corporate Governance, Risk, and International Investment, edited by Peter Cornelius and Bruce Kogut, Oxford University Press, 2003, forthcoming.

5. Institutions, Volatility, and Crises, with Daron Acemoglu and James A. Robinson, forthcoming in Productivity, edited by Takatoshi Ito and Andrew K. Rose, NBER-EASE Volume 13, 2003.

6. The Emergence of Temporal Correlations in a Study of Global Economic Interdependence, with Eric Friedman and Adam Landsberg, Quantitative Finance, forthcoming.

Corporate Governance

1. Propping and Tunnelling, with Eric Friedman and Todd MittonJournal of Comparative Economics, September 2003, forthcoming.

2. Coase versus The Coasians, with Edward Glaeser and Andrei ShleiferQuarterly Journal of Economics, August 2001.

3. Tunnelling, with Rafael La Porta, Florencio Lopez-de-Silanes, and Andrei Shleifer, American Economic Review (Papers and Proceedings), May 2000.

4. Privatization and Corporate Governance, with Andrei Shleifer, in Governance, Regulation and Privatization, edited by Takatoshi Ito and Anne O. Krueger, NBER-EASE Volume 12, forthcoming 2003.

Post-Communist Transition

1. Property Rights and Finance, with John McMillan and Chris WoodruffAmerican Economic Review, December 2002.

2. Courts and Relational Contracts, with John McMillan and Chris WoodruffJournal of Law, Economics and Organization, 2002.

3. Escaping the Under-Reform Trap, with Anders Aslund and Peter Boone.  IMF Staff Papers, 2001.

4. Entrepreneurs and the Ordering of Institutional Reform: Poland, Slovakia, Romania, Russia, and Ukraine Compared, with John McMillan and Chris Woodruff, Economics of Transition, 2000.

5. Small Enterprises and Economic Policy, with Anders Aslund, Working Paper, April 2003.

The Underground Economy

1. Dodging the Grabbing Hand: Determinants of Unofficial Activity in 69 countries, with Eric Friedman, Daniel Kaufmann, and Pablo Zoido-Lobaton, Journal of Public Economics, 2000.

2. Why do Firms Hide?, with Daniel Kaufmann, John McMillan and Chris Woodruff, Journal of Public Economics, 2000.

3. The Unofficial Economy in Transition, with Andrei Shleifer and Daniel Kaufmann, Brookings Papers on Economic Activity, 1997.

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