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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

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

Does Democracy Make Taller Men? Cross-Country European Evidence

Batinti, Alberto; Costa-Font, Joan - 2021

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

The Euro Area Periphery Sovereigns' Fiscal Positions and Unconventional Monetary Policy

Hülsewig, Oliver - 2020

We explore the reaction of the euro area periphery sovereigns' fiscal positions to an unconventional monetary policy shock. We estimate panel vector autoregressive (VAR) models over the period 2010-2018, and identify the shock by imposing sign restrictions. Our results suggest that the...

Persistent link: https://www.econbiz.de/10012843420

Public Finances Solvency in the Euro Area : True or False?

Afonso, António; Coelho, Jose Carlos - 2022

We assess public finances solvency for Euro Area countries using quarterly data between 1999Q1 and 2020Q4. Through a country-by-country analysis, the answer to the title question is true. For most countries, (i) the primary budget balance reacts positively to the lagged public debt ratio and...

Persistent link: https://www.econbiz.de/10014076999

Twin Deficits Through the Looking Glass : Time-Varying Analysis in the Euro Area

Afonso, António; Coelho, José Carlos - 2022

Using two measures of the fiscal position, the cyclically adjusted primary budget balance (CAPB) and the total budget balance, we assess the Twin Deficit Hypothesis for the Euro Area in the period 1995-2020. Furthermore, we estimate time-varying coefficients of the current account balance...

Persistent link: https://www.econbiz.de/10013306033

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

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

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

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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