Showing 1 - 10 of 1,757
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/10012698819
Divided government is often thought of as causing legislative deadlock. I investigate the link between divided government and economic reforms using a novel data set on welfare reforms in US states between 1978 and 2010. Panel data regressions show that under divided government a US state is...
Persistent link: https://www.econbiz.de/10010229882
Persistent link: https://www.econbiz.de/10003630541
new instrument for democracy and the extension of the franchise, the effect of decolonisation on democracy in the … colonising country's democratisation to identify the causal effect of democracy on heights. We find robust evidence of a link … between democratic quality and human stature. The results indicate that the transition to democracy increased average male …
Persistent link: https://www.econbiz.de/10012029108
In this paper, I analyze the voting outcomes of two very similar Swiss referendum ballots concerning the federal governmentś competency to levy income, capital and turnover taxes to find out how the enfranchisement of women influences public support for government spending. The first ballot...
Persistent link: https://www.econbiz.de/10010204664
the international comparison in degrees of revealed inequality aversion, but differences in social preferences are …
Persistent link: https://www.econbiz.de/10009240828
This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...
Persistent link: https://www.econbiz.de/10003922975
The use of large datasets for macroeconomic forecasting has received a great deal of interest recently. Boosting is one possible method of using high-dimensional data for this purpose. It is a stage-wise additive modelling procedure, which, in a linear specification, becomes a variable selection...
Persistent link: https://www.econbiz.de/10009721997
There is a wide consensus that the existence of structural rigidities in the Eurozone reduces the effectiveness of the ECB's monetary policies. In order to test this "ECB-handicap" hypothesis, we perform a meta-analysis of the effects of monetary policies in the US and the Eurozone countries....
Persistent link: https://www.econbiz.de/10003297484
In this paper, we compare the total size of intertemporal public liabilities (IPLs) of several European countries and the United States. We utilize the machinery of generational accounting in order to calculate the composition of the countries IPLs, that is the sum of the explicit and implicit...
Persistent link: https://www.econbiz.de/10009781507