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-enhancing from the point of view of aggregate world welfare because it helps alleviate externalities arising from cross …
Persistent link: https://www.econbiz.de/10005778622
Many of the most pernicious economic institutions and policies create entry barriers or manipulate factor prices to transfer resources from entrepreneurs and workers to groups that hold political power. These inefficiencies partly result from the fact that direct and efficient fiscal instruments...
Persistent link: https://www.econbiz.de/10008631677
all world leaders from 1875 to 2004, we exploit inherent randomness in the success or failure of assassination attempts to … toward democracy. We also find that assassinations affect the intensity of small-scale conflicts. The results document a …
Persistent link: https://www.econbiz.de/10005714005
The majority of labor transactions throughout much of history and a significant fraction of such transactions in many developing countries today are "coercive", in the sense that force or the threat of force plays a central role in convincing workers to accept employment or its terms. We propose...
Persistent link: https://www.econbiz.de/10008624628
The political left turn in Latin America, which lagged its transition to liberalized market economies by a decade or more, challenges conventional economic explanations of voting behavior. This paper generalizes the forward-looking voter model to a broad range of dynamic, non-concave income...
Persistent link: https://www.econbiz.de/10010950705
We estimate habit formation in voting--the effect of past on current turnout--by exploiting transitory voting cost shocks. Using county-level data on U.S. presidential elections from 1952-2012, we find that precipitation on current and past election days reduces voter turnout. Our estimates...
Persistent link: https://www.econbiz.de/10010951375
. In a large electorate, the numerical advantage of the majority becomes irrelevant: democracy is undone by the market. …
Persistent link: https://www.econbiz.de/10011252333
I develop a model of ideologies as collectively sustained (yet individually rational) distortions in beliefs concerning the proper scope of governments versus markets. In processing and interpreting signals of the efficacy of public and market provision of education, health insurance, pensions,...
Persistent link: https://www.econbiz.de/10005830746
When democracy is new, it is often fragile and not fully consolidated. We investigate how the danger of a collapse of … democracy may affect fiscal policy in new democracies in comparison to countries where democracy is older and often more … established. We argue that the attitude of the citizenry towards democracy is important in preventing democratic collapse, and …
Persistent link: https://www.econbiz.de/10005777307
In a model of evolution driven by conflict between societies more powerful states have an advantage. When the influence of outsiders is small we show that this results in a tendency to hegemony. In a simple example in which institutions differ in their "exclusiveness" we find that these...
Persistent link: https://www.econbiz.de/10010950707