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March 4 and 5, 2005
Stanford Institute for Economic Policy Research Conference Room,
First Floor, Landau Economics Building, Stanford Campus
Daron Acemoglu (MIT)
Stephen Haber (Stanford)
Enrico Perotti (Universiteit van Amsterdam)
Jean Laurent Rosenthal (UCLA)
Kenneth Sokoloff (UCLA)
Luigi Zingales (University of Chicago)
Financial Support for this conference was provided by the Stanford Institute for Economic Policy Research, Stanford's Institute for Research in the Social Sciences, the William and Flora Hewlett Foundation, the Bechtel Initiative on Global Change of the Institute for International Studies, and the Social Science History Institute of Stanford University
March 4
8:30-9:00 Breakfast
9:00-9:15
Introduction: Stephen Haber (Stanford University) and Enrico Perotti (Universiteit van Amsterdam)
Panel 1: Beliefs as Institutions
9:15-10:15
Gérard Roland (University of California, Berkeley)
"Understanding Institutional Change: Fast Moving and Slow Moving Institutions"
Discussant: Erik Berglof ( Stockhom Institute of Transition Economics)
10:15-11:15
Paola Sapienza (Northwestern University), "Cultural Biases in Economic Exchange"
Coauthors: Luigi Guiso (University of Sassari) and Luigi Zingales (University of Chicago)
Discussant: Peter Gourevitch (University of California, San Diego)
11:15-11:30 Break
Panel 2: The Interaction of Political and Economic Institutions
11:30-12:30
Bruno Biais (Toulouse University), "Political Predation and Economic Development"
Coauthors: Jean Paul Azzam (Toulouse University) and Robert Bates (Harvard University)
Discussant: Daron Acemoglu (Massachusetts Institute of Technology)
12:30-2:00 Lunch
2:00-3:00
Tim Besley (London School of Economics), "Political Competition and Economic Performance: Theory and Evidence from the United States"
Coauthors: Torsten Persson (Institute for International Economic Studies, Stockholm) and Daniel Sturm (University of Munich)
Discussant: Guido Tabellini ( Universita Bocconi)
3:00-3:30 Break
Panel 3: Institutions and Technological Change
3:30-4:30
Kenneth Sokoloff (University of California, Los Angeles), "Institutions and Technological Innovation During Early Economic Growth: Evidence from the Great Inventors of the United States, 1790-1930"
Coauthor: B. Zorina Khan (Bowdoin College)
Discussant: Luigi Zingales (University of Chicago)
4:30 Adjourn
7:00 Conference Dinner
Spago, 265 Lytton Avenue, Palo Alto
March 5
Panel 3: Institutions and Technological Change (Continued)
8:30-9:00 Breakfast
9:00-10:00
Stephan Epstein (London School of Economics), "Transferring Technical Knowledge and Innovating in Europe, c.1200-c.1800"
Discussant: F. Scott Kieff (Washington University in St. Louis)
10:00-10:15 Break
Panel 4: Institutions and Financial Development
10:15-11:15
Ross Levine (University of Minnesota) and Randall Kroszner (University of Chicago)--Joint Presentation: "Motivations and Obstacles to Banking Reform"
Ross Levine "Choosing Bank Regulations"
Randall Kroszner and Philip Strahan, "What Drives Deregulation? Economics and Politics of the Relaxation of Bank Branching Restrictions"
Randall Kroszner and Philip Strahan, "Obstacles to Optimal Policy"
Randall Kroszner, "The Motivations Behind Banking Reform"
11:15-11:30 Break
11:30-12:30
Enrico Perotti (Universiteit van Amsterdam), "The Political Economy of Financial Fragility"
Coauthor: Erik Feijen (University of Amsterdam)
Discussant: Jean Laurent Rosenthal (University of California, Los Angeles)
12:30 Lunch and Adjourn
