Narrow search
Showing 1 - 10 of 78
Cover Image
Institutions, Volatility and Investment
Besley, Timothy J.; Mueller, Hannes Felix - C.E.P.R. Discussion Papers - 2015
Countries with strong executive constraints have lower growth volatility but similar average growth to those with weak constraints. This paper argues that this may explain a strong reduced-form correlation between executive constraints and inflows of foreign investment. It uses a novel dataset...
Persistent link: https://www.econbiz.de/10011145416
Cover Image
INSTITUTIONS AND ENTRY: A CROSS-REGIONAL ANALYSIS IN RUSSIA
Bruno, Randolph; Bytchkova, Maria; Estrin, Saul - C.E.P.R. Discussion Papers - 2011
democracy enhances entry rates for small sized firms but reduces them for medium or large ones. …
Persistent link: https://www.econbiz.de/10008865970
Cover Image
Diversity and the Power of the Elites in Democratic Societies: A model and a test.
Bandiera, Oriana; Levy, Gilat - C.E.P.R. Discussion Papers - 2010
This paper analyzes whether political outcomes in local democracies are determined by the preferences of the median -typically poor- agents or whether they reflect the wishes of the wealthy elites. A model shows that when politicians belonging to different groups can form coalitions, the wealthy...
Persistent link: https://www.econbiz.de/10008611020
Cover Image
Do Local Elections in Non-Democracies Increase Accountability? Evidence from Rural China
Martinez-Bravo, Monica; Padró i Miquel, Gerard; Qian, Nancy - C.E.P.R. Discussion Papers - 2011
We use unique survey data to study whether the introduction of local elections in China made local leaders more accountable towards local constituents. We develop a simple model to predict the effects on different policies of increasing local leader accountability, taking into account that there...
Persistent link: https://www.econbiz.de/10009001062
Cover Image
The Democratic Transition
Murtin, Fabrice; Wacziarg, Romain - C.E.P.R. Discussion Papers - 2011
Over the last two centuries, many countries experienced regime transitions toward democracy. We document this … democratic transition over a long time horizon. We use historical time series of income, education and democracy levels from 1870 … to 2000 to explore the economic factors associated with rising levels of democracy. We find that primary schooling, and …
Persistent link: https://www.econbiz.de/10009320398
Cover Image
Social Fragmentation, Public Goods and Elections: Evidence from China
Padro, Gerard; Qian, Nancy; Yao, Yang - C.E.P.R. Discussion Papers - 2013
This study examines how the economic effects of elections in rural China depend on voter heterogeneity, for which we proxy with religious fractionalization. We first document religious composition and the introduction of village-level elections for a nearly nationally representative sample of...
Persistent link: https://www.econbiz.de/10011083848
Cover Image
Democratization and Civic Capital
Guiso, Luigi; Pinotti, Paolo - C.E.P.R. Discussion Papers - 2012
We document a sharp reversal in electoral participation between the North and the South of Italy after the 1912 enfranchisement which extended voting rights from a limited élite to (almost) all adult males. When voting was restricted to the élite, electoral turnout was higher in the South but...
Persistent link: https://www.econbiz.de/10011084163
Cover Image
Democratic Redistribution and Rule of the Majority
Corneo, Giacomo; Neher, Frank - C.E.P.R. Discussion Papers - 2014
quality of democracy. However, we detect a non-negligible share of democracies that implement a minority-backed amount of …
Persistent link: https://www.econbiz.de/10011084276
Cover Image
Bowling for Fascism: Social Capital and the Rise of the Nazi Party in Weimar Germany: 1919-33
Satyanath, Shanker; Voigtländer, Nico; Voth, Hans-Joachim - C.E.P.R. Discussion Papers - 2013
democracy in interwar Germany by analyzing Nazi party entry rates in a cross-section of towns and cities. Before the Nazi Party … in Weimar Germany aided the rise of the Nazi movement that ultimately destroyed Germany’s first democracy. …
Persistent link: https://www.econbiz.de/10011084324
Cover Image
Isolated Capital Cities and Misgovernance: Theory and Evidence
Campante, Filipe; Do, Quoc-Anh; Guimarães, Bernardo - C.E.P.R. Discussion Papers - 2013
Motivated by a novel stylized fact -- countries with isolated capital cities display worse quality of governance -- we provide a framework of endogenous institutional choice based on the idea that elites are constrained by the threat of rebellion, and that this threat is rendered less effective...
Persistent link: https://www.econbiz.de/10011084326