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Financial liberalization and democracy: The role of reform reversals
Campos, Nauro F; Coricelli, Fabrizio - C.E.P.R. Discussion Papers - 2009
The relationship between economic and political liberalization has received a great deal of attention lately, yet the possibility of a non-linear relationship and the role of reversals remain largely neglected. Focusing on democratization and financial reform, this paper offers evidence for a...
Persistent link: https://www.econbiz.de/10004964420
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Unemployment and Right-wing Extremist Crime
Falk, Armin; Kuhn, Andreas; Zweimüller, Josef - C.E.P.R. Discussion Papers - 2009
It is frequently argued that unemployment plays a crucial role for the occurrence of right-wing extremist crimes. We … unemployment is high. The big difference in right-wing crime between East and West German states can mostly be attributed to … differences in unemployment. This finding reinforces the importance of unemployment as an explanatory factor for right-wing crime …
Persistent link: https://www.econbiz.de/10008528521
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Unemployment and Right-Wing Extremist Crime
Falk, Armin; Zweimüller, Josef - C.E.P.R. Discussion Papers - 2005
Right-wing extremism is a serious problem in many societies. A prominent hypothesis states that unemployment plays a … significant positive relation between unemployment and right-wing criminal activities. We show further that the big difference in … right-wing crime between East and West German states can mostly be attributed to differences in unemployment. This finding …
Persistent link: https://www.econbiz.de/10005281394
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Unemployment and Right-Wing Extremist Crime
Falk, Armin; Zweimüller, Josef - Institut für Volkswirtschaftslehre, …
Right-wing extremism is a serious problem in many societies. A prominent hypothesis states that unemployment plays a … fact a significant positive relation between unemployment and right-wing criminal activities. We show further that the big … difference in right-wing crime between East and West German states can mostly be attributed to differences in unemployment. This …
Persistent link: https://www.econbiz.de/10005627832
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Evaluating the Dynamic Employment Effects of Training Programs in East Germany Using Conditional Difference-in-Differences
Speckesser, Stefan; Fitzenberger, Bernd; Bergemann, Annette - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2004
This paper evaluates the effects of Public Sponsored Training in East Germany in the context of reiterated treatments. Selection bias based on observed characteristics is corrected for by applying kernel matching based on the propensity score. We control for further selection and the presence of...
Persistent link: https://www.econbiz.de/10005097806
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So Closed: Political Selection in Proportional Systems
Galasso, Vincenzo; Nannicini, Tommaso - C.E.P.R. Discussion Papers - 2015
We analyze political selection in a closed list proportional system where parties have strong gate-keeping power, which they use as an instrument to pursue votes. Parties face a trade-off between selecting loyal candidates or experts, who are highly valued by the voters and thus increase the...
Persistent link: https://www.econbiz.de/10011213305
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Fiscal Centralization and the Political Process
Albornoz-Crespo, Facundo; Cabrales, Antonio - C.E.P.R. Discussion Papers - 2010
We study the dynamic support for fiscal decentralization in a political agency model from the perspective of a region. We show that corruption opportunities are lower under centralization at each period of time. However, centralization makes more difficult for citizens to detect corrupt...
Persistent link: https://www.econbiz.de/10008468714
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Capital Redistribution and the Market Allocation of Firm-Ownership
Grüner, Hans Peter; Schils, Ruediger - C.E.P.R. Discussion Papers - 2002
This Paper studies the relationship between political wealth redistribution and the allocation of firm-ownership when production requires an unobservable input. The economy's wealth distribution affects the equilibrium interest rate and the allocation of entrepreneurial rents because wealth...
Persistent link: https://www.econbiz.de/10005123568
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Media Freedom, Bureaucratic Incentives and the Resource Curse
Egorov, Georgy; Guriev, Sergei; Sonin, Konstantin - C.E.P.R. Discussion Papers - 2006
How can a non-democratic ruler provide proper incentives for state bureaucracy? In the absence of competitive elections and separation of powers, the ruler has to be well-informed himself, and to gather information he may use either a secret service or the media. The danger of using a secret...
Persistent link: https://www.econbiz.de/10005123655
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Dictators and Their Viziers: Agency Problems in Dictatorships
Egorov, Georgy; Sonin, Konstantin - C.E.P.R. Discussion Papers - 2004
The possibility of treason by a close associate has been a nightmare of most dictators throughout history. Better informed viziers are also better able to discriminate among potential plotters, and this makes them more risky subordinates for the dictator. To avoid this, dictators – especially...
Persistent link: https://www.econbiz.de/10005123685