Participation in this event is by invitation only.
The Hoover Institution hosts Path Towards Prosperity: Institutions & Development: Spring 2024 Conference Of The Working Group on the Foundations of Long-run Prosperity on March 28–29, 2024.
The historical record shows us that the path to economic prosperity is not linear or uniform. Historical contingencies, technology, and institutions interact in ways that can be explained ex-post but not predicted ex-ante. Some paths of development turn out to lead to stagnation, and others to sustained growth. This conference examines these factors that impact development trajectories.
| Thursday, March 28th | |||
|---|---|---|---|
| Time | Content | Presenters | Discussant/Chair |
|
8:30 AM |
Breakfast |
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|
9:00 AM |
Welcome: Stephen Haber, Hoover Institution & Stanford University |
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|
9:15 AM |
“Corruption and Bureaucracy: Evidence from Front-Running Public Project Announcements” by Amit Seru, Tomasz Piskorski, and Jian Zhang |
Presenter: Amit Seru, Hoover Institution & Stanford University |
Discussant: Paola Sapienza, Hoover Institution & Northwestern University Discussant: Chang-Tai Hsieh, University of Chicago Chair: Dan Kessler, Hoover Institution & Stanford University |
|
10:30 am |
Break |
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|
11:00 AM |
“The Value of Ratings: Evidence from their Introduction in Securities Markets” by Carola Frydman, Asaf Bernstein, and Eric Hilt |
Presenter: Carola Frydman, Northwestern University |
Discussant: Ross Levine, Hoover Institution & Stanford University Discussant: Vikrant Vig, Stanford University Chair: Amit Seru, Hoover Institution & Stanford University |
|
12:15 PM |
Lunch |
-- |
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|
1:15 PM |
"The Political Economy of Middle Income” by Avidit Acharya, Stephen Haber, and Alexander Lee |
Presenter: Alexander Lee, University of Rochester |
Discussant: Jean-Laurent Rosenthal, Caltech Discussant: Dorothy Kronick, UC Berkeley Chair: Anna Grzymala-Busse, Hoover Institution & Stanford University |
|
2:30 PM |
Break |
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|
3:00 PM |
“US Debt and Taxes: 1776-2023” by Thomas Sargent and George Hall |
Presenter: Thomas Sargent, Hoover Institution & NYU |
Discussant: Hanno Lustig, Stanford University Discussant: Bill Summerhill, Hoover Institution & UCLA Chair: Valerie Ramey, Hoover Institution |
|
4:15 PM |
Conclusion of March 28th program |
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|
|
6:00 PM |
Dinner – Flemings Steakhouse, Palo Alto |
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| Friday, March 29th | |||
|---|---|---|---|
| Time | Content | Presenters/panelists | Discussant/Chair |
|
8:30 AM |
Breakfast |
-- |
-- |
|
9:00 AM |
“Ecology, Collective Behavior, and Prosperity: What We Can Learn from Ants” by Deborah Gordon |
Presenter: Deborah Gordon, Stanford University |
Discussant: Ian Morris, Stanford University Discussant: Chad Jones, Stanford University Chair: Stephen Haber, Hoover Institution & Stanford University |
|
10:15 am |
Break |
-- |
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|
10:45 am |
“The Impact of Commercial Real Estate Regulations on U.S. Output” by Fil Babalievsky, Kyle F. Herkenhoff, Lee E. Ohanian & Edward C. Prescott |
Presenter: Lee Ohanian, Hoover Institution & UCLA |
Discussant: Luigi Zingales, Hoover Institution & University of Chicago Discussant: Erik Hurst, University of Chicago Chair: Gustavo Adolfo Del Angel Mobarak, Centro de Investigación y Docencia Económicas (CIDE) |
|
12:00 pm |
Lunch |
-- |
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|
12:45 PM |
“Enlightenment Ideals and Belief in Science in the Run-up to the Industrial Revolution: A Textual Analysis” by Ali Almelhem, Murat Iyigun, Austin Kennedy, and Jared Rubin |
Presenter: Jared Rubin, Chapman University |
Discussant: Ran Abramitzky, Stanford University Discussant: Vicky Fouka, Stanford University Chair: Josh Ober, Hoover Institution & Stanford University |
|
2:00 PM |
Closing Remarks: Amit Seru, Hoover Institution & Stanford University |
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|
2:05 PM |
Conclusion of Conference |
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