Showing 1 - 10 of 76
This paper investigates the relationship between political instability and labor market institutions. We develop a theoretical model in which some features of the political process, by reducing the future yields of policy interventions, induce an incumbent government to choose labor market...
Persistent link: https://www.econbiz.de/10010541269
This paper investigates the effects of financial development and political instability on economic growth in a power-ARCH framework with data for Argentina from 1896 to 2000. Our findings suggest that (i) informal or unanticipated political instability (e.g., guerrilla warfare) has a direct...
Persistent link: https://www.econbiz.de/10005703824
What are the main causes of international terrorism? The lessons from the surge of academic research that followed 9/11 remain elusive. The careful investigation of the relative roles of economic and political conditions did little to change the fact that existing econometric estimates diverge...
Persistent link: https://www.econbiz.de/10005700916
Argentina is the only country in the world that was "developed" in 1900 and "developing" in 2000. The various competing explanations highlight, mainly, the roles of trade openness, political institutions, financial integration, financial development, and macroeconomic instability. Yet no study...
Persistent link: https://www.econbiz.de/10011095511
What is the relationship between economic growth and its volatility? Does political instability affect growth directly or indirectly, through volatility? This paper tries to answer such questions using a power-ARCH framework with annual time series data for Argentina from 1896 to 2000. We show...
Persistent link: https://www.econbiz.de/10005761766
This paper investigates the determinants of economic growth emphasizing the role of institutional quality, social fragmentation, and increasing global integration on recent growth experience. Our longitudinal data consists of 103 countries covering the period 1992-2005. We find that democracies...
Persistent link: https://www.econbiz.de/10011279247
There is data evidence that welfare has improved post democracy in Nigeria. However, the distribution or concentration …, across and within gender, post democracy in Nigeria is explored. I make use of simple econometric tools to test two null … hypotheses. First, there is no disparity in the income and returns to education benefits of the shift to democracy across gender …
Persistent link: https://www.econbiz.de/10005233750
At least since 1750 when Baron de Montesquieu declared "peace is the natural effect of trade," a number of economists and political scientists espoused the notion that trade among nations leads to peace. Employing resources wisely to produce one commodity rather than employing them inefficiently...
Persistent link: https://www.econbiz.de/10005233897
individual commitment across citizens to defend democracy against a potential military coup, and it is an endogenous state … and the state. Parents invest resources in order to transmit their own political values (commitment to democracy) to their … between political regimes and political culture diffusion. Consolidated democracy emerges when sufficiently many people are …
Persistent link: https://www.econbiz.de/10010667865
Using cross-country data, we find evidence for a significant negative interaction effect between democracy and … inequality in determining the quality of growth-promoting institutions like rule of law. Democracy is associated with …
Persistent link: https://www.econbiz.de/10005703417