there exists a distribution of resources such that democracy emerges in equilibrium, but there are distributions of … resources for which democracy is infeasible in equilibrium irrespective of the level of development. The model also delivers … results on the stability of democracy with regard to changes in the economic and demographic environment. The results are …

evaluate separately the impact of political institutions linked to democracy and suffrage and of those institutions more …

We use a sample of 147 countries to investigate the link between democracy and reforms. Democracy may be conducive to … institutions. The results provide a robust support for the claim that democracy is good for growth-enhancing reforms. …

non-democracy to democracy, alters the distribution of de jure political power, but the elite can intensify their … the elite in democracy or for costs of changing economic institutions, the equilibrium takes the form of a Markov regime … difficult than altering economic institutions, the model leads to a pattern of captured democracy, whereby a democratic regime …

democracy disappears once including country fixed effects. This paper tests the hypothesis that the effect of income on … democracy might differ systematically across countries. A replication of the estimation in a less restrictive empirical … framework provides evidence for significant but heterogeneous effects of income on democracy for former colonies and non …

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. …

between democracy and institutional quality. …