IDEAS home Printed from
   My bibliography  Save this article

Endogenous institutions: the importance of history


  • Alejandro Gaviria Uribe


Este artículo presenta una mirada retrospectiva a las diferentes teorías de cambio institucional. Se estudian tres temas principales: la evolución de las leyes e instituciones formales, la evolución de las normas e instituciones informales y la interacción de instituciones formales e informales. El artículo se concentra tanto en los aspectos intuitivos de las teorías como en su soporte empírico. También se discuten las implicaciones de política más importantes de las diferentes teorías.

Suggested Citation

  • Alejandro Gaviria Uribe, 2001. "Endogenous institutions: the importance of history," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 54, pages 133-148, Enero Jun.
  • Handle: RePEc:lde:journl:y:2001:i:54:p:133-148

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Bordo, Michael David & Jonung, Lars, 1981. "The Long Run Behavior of the Income Velocity of Money in Five Advanced Countries, 1870-1975: An Institutional Approach," Economic Inquiry, Western Economic Association International, vol. 19(1), pages 96-116, January.
    2. Arrau, Patricio & De Gregorio, Jose & Reinhart, Carmen M. & Wickham, Peter, 1995. "The demand for money in developing countries: Assessing the role of financial innovation," Journal of Development Economics, Elsevier, vol. 46(2), pages 317-340, April.
    3. Nidia R. Reyes & José Eduardo Gómez, 2000. "Política monetaria, inflación y crecimiento económico," REVISTA CUADERNOS DE ECONOMÍA, UN - RCE - CID, June.
    4. Javier Gómez, 1998. "La Demanda de Dinero en Colombia," Borradores de Economia 101, Banco de la Republica de Colombia.
    5. Robert E. Lucas, Jr., 1994. "On the welfare cost of inflation," Working Papers in Applied Economic Theory 94-07, Federal Reserve Bank of San Francisco.
    6. Bordo, Michael D & Jonung, Lars & Siklos, Pierre L, 1997. "Institutional Change and the Velocity of Money: A Century of Evidence," Economic Inquiry, Western Economic Association International, vol. 35(4), pages 710-724, October.
    Full references (including those not matched with items on IDEAS)

    More about this item


    Normas; Instituciones; Leyes; Valores;


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lde:journl:y:2001:i:54:p:133-148. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carlos Andrés Vasco Correa). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.