Thierry Verdier

TL;DR: The authors argue that politicians tend to over-extract natural resources relative to the efficient extraction path because they discount the future too much, and resource booms improve the efficiency of the extraction path.

TL;DR: This article studied the population dynamics of preference traits in a model of intergenerational cultural transmission and found that cultural transmission mechanisms have very different implications than evolutionary selection mechanisms with respect to the dynamics of the distribution of the traits in the population.

TL;DR: It is shown that cultural transmission mechanisms have very different implications than evolutionary selection mechanisms with respect to the dynamics of the distribution of the traits in the population, and mechanisms which interact evolutionary selection and cultural transmission are studied.

TL;DR: In this article, an economic analysis of the intergenerational transmission of ethnic and religious traits through family socialization and marital segregation decisions is presented, and the authors show that the frequency of intragroup marriage (homogamy) and socialization rates of religious and ethnic groups depend on the group's share of the population: minority groups search more intensely for homogamous mates and spend more resources to socialize their offspring.

TL;DR: This paper analyzed the dynamics of inequality, democratization, and economic development in a political economy model of growth where education is both the engine of growth and a determinant of political participation.