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inequality, as measured by political concentration, are less developed today. We also show that during this critical period the …
Persistent link: https://www.econbiz.de/10012465445
The conventional wisdom in political science is that for a democracy to be consolidated, all groups must have a chance … to attain power. If they do not then they will subvert democracy and choose to fight for power. In this paper we show … natural model, we show that democracy may never be consolidated in such a situation. Rather, democracy may only be stable when …
Persistent link: https://www.econbiz.de/10012465870
The conventional wisdom views high levels of education as a prerequisite for democracy. This paper shows that existing …
Persistent link: https://www.econbiz.de/10012467481
representative democracy. The basic association, however, is conditioned on the relative strength of the indigenous groups within a … Europe a positive impulse towards the development of representative democracy. It shows that contemporary regimes are shaped …
Persistent link: https://www.econbiz.de/10012457474
We provide evidence that democracy has a significant and robust positive effect on GDP. Our empirical strategy relies … on a dichotomous measure of democracy coded from several sources to reduce measurement error and controls for country … fixed effects and the rich dynamics of GDP, which otherwise confound the effect of democracy on economic growth. Our …
Persistent link: https://www.econbiz.de/10012458660
In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … to be realized when democracy is captured by the richer segments of the population; when it caters to the preferences of …
Persistent link: https://www.econbiz.de/10012458917