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Inequality Undermines Democracy and Growth
Gylfason, Thorvaldur - 2019
in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per …
Persistent link: https://www.econbiz.de/10012892099
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Taxation Under Direct Democracy
Geschwind, Stephan; Roesel, Felix - 2021
effects of direct democracy. Town meetings (popular assemblies) replace local councils in small German municipalities below a … specific population threshold. Difference-in-differences, RD and event study estimates consistently show that direct democracy …% under direct democracy. We do not find that business tax rates change. Direct democracy allows citizens to design tax …
Persistent link: https://www.econbiz.de/10013220134
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Arm's Length Provision of Public Services
Bennedsen, Morten; Schultz, Christian - 2021
We analyze the economic consequences of strategic delegation of the right to decide between public or private provision of a governmental service and/or the authority to negotiate and renegotiate with the chosen service provider. Our model encompasses both bureaucratic delegation from a...
Persistent link: https://www.econbiz.de/10013316659
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Externalities and the Erosion of Trust
Daniele, Gianmarco; Martinangeli, Andrea FM; … - 2023
We present a theory linking political and social trust to explain trust erosion in modern societies. Individuals …
Persistent link: https://www.econbiz.de/10014348046
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Democracy, inequality and the environment when citizens can mitigate privately or act collectively
Bernard, Sophie; Hotte, Louis; Winer, Stanley L. - 2010
We study the political economy of the environment in autocratic, weak and strong democracies when individuals can either mitigate the health consequences of domestic pollution privately or reduce pollution collectively through public policy. The setting is that of a small open economy in which...
Persistent link: https://www.econbiz.de/10010274898
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Wealth-Income Ratios in Free Market Capitalism : Switzerland, 1900-2020
Baselgia, Enea; Martinez, Isabel - 2022
We estimate the ratio of private wealth to national income, βpt, for Switzerland from 1900 to 2020. Our results indicate that over the 20th century, βpt did not follow a U-shaped pattern as in most European countries. Instead, its was exceptionally stable at around 500%. We argue that this...
Persistent link: https://www.econbiz.de/10014244083
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The impact of democracy and press freedom on corruption: Conditionality matters
Kalenborn, Christine; Lessmann, Christian - 2012
This paper empirically analyzes the joint impact of democracy and press freedom on corruption. Based in the theoretical …
Persistent link: https://www.econbiz.de/10010288233
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Democracy and development : the devil in the details
Persson, Torsten; Tabellini, Guido - 2006
Does democracy promote economic development? This paper reviews recent attempts to address this question that exploited … explain why presidential democracy leads to faster growth than parliamentary democracy. Third, it is important to distinguish … growth effect of democracy. …
Persistent link: https://www.econbiz.de/10010261420
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Future European Alliance - Europe as a Flexible Democracy
Frey, Bruno S. - 2019
A reasonable future for Europe can only be achieved if two essential elements are fulfilled: Firstly, newly established institutions must be democratic and have strong support from citizens rather than from national governments. Secondly, the large number of different ethnic, cultural,...
Persistent link: https://www.econbiz.de/10012892304
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Populism and Social Polarization in European Democracies
Ginsburgh, Victor - 2020
The objective of this paper is to explain populist attitudes that are prevailing in a number of European democracies. Populist attitudes expectedly lead to social protests and populist votes. We capture the populist wave by relying not on voting behavior but rather on values that are...
Persistent link: https://www.econbiz.de/10012826060