-seeking mainly among the economic and political elite, whereas the middle period exemplifies the “democratization” of rent …

We show that drought-induced changes in the intensity of riots lead to moves towards democracy in sub-Saharan Africa …

quality of democracy. However, there is a non-negligible share of democracies that implement a minority-backed amount of …

This paper shows how a world price shock can increase the likelihood that democratization must be used to resolve the … price shock can push the country into a situation where the elite face a commitment problem that only democratization can … of national income per capita and democracy may not be positively correlated. The model is also useful for understanding …

The paper studies the impact of government budget constraint in a pure adverse selection problem of monopoly regulation …. The government maximizes total surplus but incurs some cost of public funds. An alternative to regulation is proposed in …-post with the private firms. This ex-post contracting set-up allows more flexibility than traditional regulation where …

important dimension to the analysis of the political economy of environmental regulation, especially for an open economy. When … environmental stringency and the regulation of trade openness. In this context, we show how the eco-friendliness ranking of …

regulation such as technology-based standards. One of the principle reasons for such an assertion is that they give firms greater … aspects of product and labour market regulation which have implications for technological innovation, such as product and …