This is the third in a series of posts regarding the institutions literature. The first two posts dealt with original cross-country work on institutions and the attempt to identify the effects using settler mortality.
The third generation of institutions work is, in large part, a response to the empirical problems of the first 2 generations. These new papers avoid vague measurement of “institutions” by drilling down to one very specific institution, and do their best to avoid identification problems by looking for natural experiments that give them good reason to believe they are looking at exogenous variation in the institution.
The following are some good examples of this third generation. There are others that I haven’t listed, but these are ones I talk specifically about in class:
- Dell (2010). Household consumption and child health are lower in areas in Peru and Bolivia subject to the Spanish mita –…
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Utopia, you are standing in it! 
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