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Acemoglu, Daron

Overview
Works: 407 works in 2,283 publications in 6 languages and 16,128 library holdings
Genres: Conference papers and proceedings  History 
Roles: Author, Editor, Contributor
Classifications: HB74.P65, 330
Publication Timeline
Key
Publications about Daron Acemoglu
Publications by Daron Acemoglu
Most widely held works by Daron Acemoglu
Why nations fail : the origins of power, prosperity, and poverty by Daron Acemoglu( Book )
67 editions published between 2012 and 2015 in 5 languages and held by 2,743 libraries worldwide
Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography, or perhaps ignorance of the right policies? Simply, no. None of these factors is either definitive or destiny. In this book the authors show that it is man-made political and economic institutions that underlie economic success (or lack of it). Based on fifteen years of original research, they marshall historical evidence from the Roman Empire to the Soviet Union, from Korea to Africa, to build a new theory of political economy with great relevance for the big questions of today, including: China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? Is America moving from a virtuous circle, in which efforts by elites to aggrandize power are resisted, to a vicious one that enriches and empowers a small minority? What is the most effective way to help move billions of people from the rut of poverty to prosperity? Is it through more philanthropy from the wealthy nations of the West, or learning lessons on the interplay between inclusive political and economic institutions?
Economic origins of dictatorship and democracy by Daron Acemoglu( Book )
34 editions published between 2005 and 2009 in English and held by 893 libraries worldwide
The authors develop a framework for analysing the creation and consolidation of democracy. Different social groups prefer different political institutions because of the way they allocate political power and resources. Dictatorship, nevertheless, is not stable when citizens can threaten social disorder and revolution
Introduction to modern economic growth by Daron Acemoglu( Book )
16 editions published between 2008 and 2013 in English and held by 487 libraries worldwide
Daron Acemoglu gives graduate students not only the tools to analyze growth & related macroeconomic problems, but also the broad perspective necessary to apply those tools to the big-picture questions of growth & divergence. He also introduces the economic & mathematical foundations of modern growth theory & macroeconomics
Why nations fail the origins of power, prosperity and poverty by Daron Acemoglu( Sound Recording )
8 editions published in 2012 in English and held by 347 libraries worldwide
Why are some nations more prosperous than others? "Why Nations Fail" sets out to answer this question, with a compelling and elegantly argued new theory: that it is not down to climate, geography or culture, but because of institutions. Drawing from an extraordinary range of contemporary and historical examples, academics Acemoglu and Robinson argue that nations can only prosper if the people are allowed to keep the wealth that they earn
Distance to frontier, selection, and economic growth by Daron Acemoglu( Book )
38 editions published in 2002 in English and held by 147 libraries worldwide
We analyze an economy where managers engage both in the adoption of technologies from the world frontier and in innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy approaches the technology frontier, selection becomes more important. As a result, countries at early stages of development pursue an investment-based strategy, with long-term relationships, high average size and age of firms, large average investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with short-term relationships, younger firms, less investment and better selection of managers. We show that relatively backward economies may switch out of the investment-based strategy too soon, so certain economic institutions and policies, such as limits on product market competition or investment subsidies, that encourage the investment-based strategy may be beneficial. However, societies that cannot switch out of the investment based strategy fail to converge to the world technology frontier. Non-convergence traps are more likely when policies and institutions are endogenized, enabling beneficiaries of existing policies to bribe politicians to maintain these policies. Keywords: appropriate institutions, convergence, economic growth, innovation, imitation, political economy of growth, selection, technical change, traps. JEL Classifications: O31, O33, O38, O40, L16
Advances in economics and econometrics by Econometric Society( Book )
28 editions published in 2013 in English and held by 143 libraries worldwide
Contains edited papers and commentaries presented at invited symposium sessions of the Tenth World Congress of the Econometric Society, held in Shanghai in August 2010
Warum Nationen scheitern : die Ursprünge von Macht, Wohlstand und Armut by Daron Acemoglu( Book )
9 editions published between 2012 and 2015 in German and English and held by 132 libraries worldwide
Warum sind einige Nationen reich und andere arm? Wodurch entsteht die krasse Ungleichheit in unserer heutigen Welt? Wie soll man der Ungleichheit begegnen? Starökonom Daron Acemoglu und Harvard-Politologe James Robinson geben eine ebenso schlüssige wie eindrucksvolle Antwort auf diese grundlegenden Fragen. Anhand zahlreicher, faszinierender Fallbeispiele - von den Conquistadores über die Industrielle Revolution bis zum heutigen China, von Sierra Leone bis Kolumbien - zeigen sie, mit welcher Macht die Eliten mittels repressiver Institutionen sämtliche Regeln zu ihren Gunsten manipulieren - zum Schaden der vielen Einzelnen. Es geht um das vielleicht größte Problem unserer heutigen Welt: die nationalen Einkommensunterschiede. Ein spannendes und faszinierendes Plädoyer dafür, dass Geschichte und Geographie kein Schicksal sind. Und ein überzeugendes Beispiel, dass die richtige Analyse der Vergangenheit neue Wege zum Verständnis unserer Gegenwart und neue Perspektiven für die Zukunft eröffnet. Acemoglu und Robinson zeigen, warum weder Geographie, Lebensumstände oder Kultur erklären können, warum manche Nationen reich und manche arm sind, sondern dass die Institutionen und die Politik entscheidend sind
Microeconomics by Daron Acemoglu( Book )
33 editions published between 2015 and 2016 in English and French and held by 131 libraries worldwide
La 4ème de couverture indique : "Les étudiants qui suivent leur premier cours d'économique ont souvent l'impression que cette discipline consiste en une série d'affirmations théoriques... Grâce à Macroéconomie, ils constateront que rien n'est plus faux ! Macroéconomie est une adaptation française d'un ouvrage rédigé par des pédagogues et experts en économie de haut niveau : Daron Acemoglu (Massachussets Institute of Technology), David Laibson (Harvard University) et John A. List (University of Chicago). Ceux-ci proposent une nouvelle approche de l'apprentissage de leur science, basée sur la pratique et la compréhension intuitive. Chaque chapitre est d'ailleurs construit autour d'une question clé qui interpelle l'étudiant. Facebook est-il gratuit ? Les études universitaires en valent-elles la peine ? Dans quelle mesure l'emplacement d'un appartement influe-t-il sur son coût de location ? Cette façon de susciter l'intérêt de l'étudiant le motive à vouloir comprendre les données qu'on lui présente et à appliquer le raisonnement de l'économiste. En mettant en lumière la simplicité des idées économiques et leur extraordinaire pouvoir d'expliquer, de prédire et d'améliorer ce qui se passe dans le monde, l'ouvrage captive autant l'étudiant qui veut avant tout maîtriser les concepts de bases que celui qui souhaite poursuivre ses études dans le domaine. L'adaptation française, confiée à des professeurs et enseignants chevronnés d'ici, bonifie un contenu déjà riche et y apporte toutes les nuances requises par notre réalité canadienne et québécoise, notamment en matière de fiscalité et de politique monétaire."
The world income distribution by Daron Acemoglu( Book )
37 editions published between 1995 and 2001 in English and held by 117 libraries worldwide
We show that even in the absence of diminishing returns in production and technological spillovers, international trade leads to a stable world income distribution. This is because specialization and trade introduce de facto diminishing returns: Countries that accumulate capital faster than average experience declining export prices, depressing the rate of return to capital and discouraging further accumulation. Because of constant returns to capital accumulation at the country level, the cross-sectional behavior of the world economy is similar to that of existing exogenous growth models: Cross-country variation in economic policies, savings, and technology translate into cross-country variation in incomes, and country dynamics exhibit conditional convergence as in the Solow-Ramsey model. The dispersion of the world income distribution is determined by the forces that shape the strength of the terms of trade-effects--the degree of openness to international trade and the extent of specialization. Finally, we provide evidence that those countries accumulating faster experience a worsening in their terms of trade. Our estimates imply that, all else equal, a 1 percentage point faster growth is associated with approximately a 0.7 percentage point deline in the terms of trade. Keywords: Cross-Country Income Differences; Endogenous Growth; International Trade;Specialization; Terms of Trade Effects
Minimum wages and on-the-job training by Daron Acemoglu( Book )
26 editions published between 1999 and 2002 in English and held by 110 libraries worldwide
Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers, because they prevent these workers from taking wage cuts necessary to finance training. We show that when the assumption of perfectly competitive labor markets underlying this theory is relaxed, minimum wages can increase training of affected workers, by inducing firms to train their unskilled employees. More generally, a minimum wage increases training for constrained workers, while reducing it for those taking wage cuts to finance their training. We provide new estimates on the impact of the state and federal increases in the minimum wage between 1987 and 1992 of the training of low wage workers. We find no evidence that minimum wages reduce training. These results are consistent with our model, but difficult to reconcile with the standard theory of human capital
Why do firms train? : theory and evidence by Daron Acemoglu( Book )
24 editions published in 1996 in English and held by 109 libraries worldwide
This paper offers and tests a theory of training whereby workers do not pay for general training they receive. The crucial ingredient in our model is that the current employer has superior information about the worker's ability relative to other firms. This informational advantage gives the employer an ex post monopsony power over the worker which encourages the firm to provide training. We show that the model can lead to multiple equilibria. In one equilibrium quits are endogenously high, and as a result employers have limited monopsony power and are willing to supply only little training, while in another equilibrium quits are low and training high. We also derive predictions from our model not shared by other explanations of firm sponsored training. Using microdata from Germany, we show that the predictions of the specific human capital model are rejected, while our model receives support from the data
The structure of wages and investment in general training by Daron Acemoglu( Book )
20 editions published between 1997 and 1998 in English and held by 108 libraries worldwide
In the standard model of human capital with perfect labor markets general training. When labor market frictions compress the structure of wages in the general skills of their employees. The reason is that the distortion in the wage structure turn technologically general skills into specific skills. Labor market frictions and institutions such as minimum wages and union wage setting, are crucial in shaping the wage structure thus have an important impact on training. Our results suggest that the more frictional and regulated labor markets in Europe and Japan may generate more firm-sponsored general training than the U.S
Productivity differences by Daron Acemoglu( Book )
28 editions published between 1998 and 2000 in English and held by 103 libraries worldwide
Abstract: Many technologies used by the LDCs are developed in the OECD economies, and as such are designed to make optimal use of the skills of these richer countries' workforces. Due to differences in the supply of skills, some of the tasks performed by skilled workers in the OECD economies will be carried out by unskilled workers in the LDCs. Since the technologies in these tasks are designed to be used by skilled workers, productivity in the LDCs will be low. Even when all countries have equal access to new technologies, this mismatch between skills and technology can lead to sizable differences in total factor productivity and output per worker. Our theory also suggests that productivity differences should be highest in medium-tech sectors, and that the trade regime and the degree of intellectual property right enforcement in the LDCs have an important effect on the direction of technical change and on productivity differences
Efficient unemployment insurance by Daron Acemoglu( Book )
17 editions published between 1996 and 1998 in English and held by 95 libraries worldwide
This paper constructs a tractable general equilibrium model of search with risk-aversion. An increase in risk-aversion reduces wages, unemployment, and investment. Unemployment insurance (UI) has the reverse effect due to market generated moral hazard: insured workers seek high wage jobs with high unemployment risk. An economy with risk-neutral workers achieves maximal output without any UI. In contrast, in an economy with risk-averse workers, a positive level of UI maximizes output. Therefore, moderate UI not only improves risk-sharing, but also increases output
Consequences of employment protection? : the case of the Americans with Disabilities Act by Daron Acemoglu( Book )
15 editions published in 1998 in English and held by 93 libraries worldwide
The Americans With Disabilities Act (ADA) requires employers to accommodate disabled workers and outlaws discrimination against the disabled in hiring, firing, and pay. Although the ADA was meant to increase employment of the disabled, it also increases costs for employers. The net theoretical impact turns on which provisions of the ADA are most important and how responsive firm entry and exit is to profits. Empirical results using the CPS suggest that the ADA had a negative effect on the employment of disabled men of all working ages and disabled women under age 40. The effects appear to be larger in medium size firms, possibly because small firms were exempt from the ADA. The effects are also larger in states where there have been more ADA-related discrimination charges. Estimates of effects on hiring and firing suggest the ADA reduced hiring of the disabled but did not affect separations. This weighs against a pure firing-costs interpretation of the ADA. Finally, there is little evidence of an impact on the nondisabled, suggesting that the adverse employment consequences of the ADA have been limited to the protected group
How large are the social returns to education? : evidence from compulsory schooling laws by Daron Acemoglu( Book )
22 editions published in 1999 in English and held by 83 libraries worldwide
Average schooling in US states is highly correlated with state wage levels, even after controlling for the direct effect of schooling on individual wages. We use an instrumental variables strategy to determine whether this relationship is driven by social returns to education. The instrumentals for average schooling are derived from information on the child labor laws and compulsory attendance laws that affected men in our Census samples, while quarter of birth is used as an instrument for individual schooling. This results in precisely estimated private returns to education of about seven percent, and small social returns, typically less than one percent, that are not significantly different from zero
Directed technical change by Daron Acemoglu( Book )
28 editions published between 2000 and 2011 in English and held by 78 libraries worldwide
This paper introduces endogenous and directed technical change in a growth model with environmental constraints. A unique final good is produced by combining inputs from two sectors. One of these sectors uses "dirty" machines and thus creates environmental degradation. Research can be directed to improving the technology of machines in either sector. We characterize dynamic tax policies that achieve sustainable growth or maximize intertemporal welfare. We show that: (i) in the case where the inputs are sufficiently substitutable, sustainable long-run growth can be achieved with temporary taxation of dirty innovation and production; (ii) optimal policy involves both .carbon taxes. and research subsidies, so that excessive use of carbon taxes is avoided; (iii) delay in intervention is costly: the sooner and the stronger is the policy response, the shorter is the slow growth transition phase; (iv) the use of an exhaustible resource in dirty input production helps the switch to clean innovation under laissez-faire when the two inputs are substitutes. Under reasonable parameter values and with sufficient substitutability between inputs, it is optimal to redirect technical change towards clean technologies immediately and optimal environmental regulation need not reduce long-run growth
The colonial origins of comparative development : an empirical investigation by Daron Acemoglu( Book )
23 editions published between 2000 and 2011 in English and held by 70 libraries worldwide
David Albouy expresses three main concerns about the results in Acemoglu, Johnson and Robinson (2001) on the relationship between potential settler mortality and institutions. First, there is a general concern that there are high mortality outliers, potentially affecting this relationship, with which we agree. However, limiting the effect of outliers has no impact on our substantive results and if anything significantly strengthens them, in fact making them robust to even extreme versions of his other critiques. His second argument that all the data from Latin America and much of the data from Africa, making up almost 60% of our sample, should be dropped is arbitrary - there is a great deal of well-documented comparable information on the mortality of Europeans in those places during the relevant period. His third argument that a "campaign" dummy should be included in the first stage is at odds with the historical record and is implemented inconsistently; even modest corrections undermine his claims
NBER Macroeconomics Annual 2006 by Daron Acemoglu( Book )
10 editions published between 2007 and 2016 in English and Undetermined and held by 6 libraries worldwide
 
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Alternative Names
Acemoglu, D. 1967-
Acemoğlu, Daron
Acemoğlu, Daron 1967-
Acemoglu, K. Daron.
Acemoglu, K. Daron 1967-
Acemoglu, Kamer Daron
Acemoglu, Kamer Daron 1967-
Daron Acemoğlu Amerikaans econoom
Daron Acemoğlu économiste turco-américain
Daron Acemoğlu turecko-amerykański ekonomista
Daron Acemoğlu US-amerikanischer Ökonom
Daron Əcəmoğlu
Дарон Аджемоглу
Дарон Асемоглу
Տարոն Աճեմօղլու
Տարոն Աճեմօղլու հայ տնտեսագետ, պրոֆեսոր
דרון אסמוגלו
دارون عاجم‌اوغلو
다론 아제모을루 터키 태생의 경제학자
アセモグル, ダロン
ダロン・アシモグル
达隆·阿齐默鲁
Languages
English (455)
German (8)
Italian (6)
French (5)
Chinese (5)
Turkish (3)
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