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in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per … growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank … and by The Standardized World Income Inequality Database are seen to be correlated with economic diversification, the rule …
Persistent link: https://www.econbiz.de/10012892099
general democracy index for 87 countries shows that a higher degree of direct democracy leads to lower budget deficits and …
Persistent link: https://www.econbiz.de/10013316691
This paper investigates on the demographic, economic, political and cultural determinants of direct democracy in 87 … countries using an index of direct democracy. The test is interesting since there are important variations across these … the estimation technique. Political rights and stability also work as prerequisites to direct democracy. Direct democracy …
Persistent link: https://www.econbiz.de/10013316998
difficulties of particular democracies to function properly confront democracy with a new series of challenges and opportunities … democracy. We survey a long period in the quest for such new forms and point to next inventions for such forms. We suggest to … experiment with new ways for democracy to extend the choice of democratic processes that can be implemented in real …
Persistent link: https://www.econbiz.de/10014240320
We study whether a democracy improves a measure of individual wellbeing; human heights. Drawing on individual …-level datasets, we test the hypothesis using a battery of eight different measures of democracy and derived averages, and include … models accounting for several confounders, regional and cohort fixed effects. We document that democracy - or its quality …
Persistent link: https://www.econbiz.de/10013310764
This paper provides new evidence on the stochastic behaviour of the EPU (Economic Policy Uncertainty (EPU) index constructed by Baker et al. (2016) in six of the biggest economies (Canada, France, Japan, US, Ireland, and Sweden) over the period from January 1985 to October 2019. In particular,...
Persistent link: https://www.econbiz.de/10012833734
The paper empirically examines the implementation record of international financial regulation of the banking sector. The study finds that the size of the banking sector and the presence of global systemically important banks (G-SIBs) are positively associated with a stronger implementation...
Persistent link: https://www.econbiz.de/10012824593
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
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
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