Template-type: ReDif-Paper 1.0 Author-Name: Bluhm R Author-Name: Crombrugghe D.P.I. de Author-Name: Szirmai A. Author-workplace-name: UNU-MERIT Title: Do weak institutions prolong crises? : On the identification, characteristics, and duration of declines during economic slumps Abstract: This working paper is part of the research programme on Institutions, Governance and Longterm Economic Growth, a partnership between the French Development Agency AFD and the Maastricht Graduate School of Governance Maastricht University - UNU-Merit. The research builds on the Institutional Profiles Database IPD, jointly developed by AFD and the French Ministry of the Economy since 2001. Keywords: Duration Analysis, Optimal Timing Strategies, Economic Growth of Open Economies, Macroeconomic Analyses of Economic Development, Institutions and Growth Classification-JEL: O43, O11, C41, F43 Series: UNU-MERIT Working Papers Creation-Date: 2013 Number: 2013-069 File-URL: https://unu-merit.nl/publications/wppdf/2013/wp2013-069.pdf File-Format: application/pdf File-Size: 880891 Handle: RePEc:unm:unumer:2013069