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Democracy and taxation
Balamatsias, Pavlos - 2017
Acemoglu et al. (Democracy does cause growth, 2014) about regional democratization waves. According to this theory … between regional waves of democratization and a country's own regime; however democracy still has a positive effect on direct … the period 1993-2012. His main explanatory variable will be a dichotomous measure of democracy; but he alters his analysis …
Persistent link: https://www.econbiz.de/10011751893
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A comparative analysis of forced migration : Cold War versus post-Cold War eras
Buzurukov, Bilol; Lee, Byeong-wan - 2016
This paper conducts a comparative analysis of forced international migration between two historical periods: 1969-1990 representing the Cold War era, and 1991-2012, the post-Cold War era. The determinants of refugee migration over the two periods are assessed and compared using a panel data...
Persistent link: https://www.econbiz.de/10011483080
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Corruption and armed conflicts : some stirring around in the governance soup
Andvig, Jens Christopher (contributor) - 2008
The paper discusses the impact of corruption on the probability of violent conflict events and traces the shifts in the composition of corrupt transactions during and in the aftermath of violent conflicts in an informal way. So far there has been little interaction between empirical corruption...
Persistent link: https://www.econbiz.de/10003631853
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Chance of revolts and ability of oppressions : a comment on the Acemoglu–Robinson model
Saito, Tetsuya - 2010
In the original framework of Professors Acemoglu and Robinson, the government is unable to oppress the revolution once it is brought about. However, actual civil wars are unpredictable. With this notion, I introduce uncertainty depending on military expenditures of the government. Then an...
Persistent link: https://www.econbiz.de/10003933127
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The democracy and economic growth nexus : do FDI and government spending matter? : evidence from the Arab world
Bougharriou, Nouha; Benayed, Walid; Gabsi, Foued Badr - 2018
The purpose of the paper is to examine the direct and indirect links between democracy and economic growth. To do so …-2013. This study focuses on two particular channels through which democracy affects growth, namely FDI inflows and public … consumption expenditure. The results show that there is no clear relationship between democracy and economic growth in the Arab …
Persistent link: https://www.econbiz.de/10011793219
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How does democracy affect public debt? : evidence from the Arab world
Bougharriou, Nouha; Benayed, Walid; Gabsi, Foued Badr - 2018
This paper investigates the impact of democracy on public debt in the Arab world over the period 2002-2013. The results … confirm the existence of an inverted-U relationship between democracy and public debt. This supports the hypothesis that some … level of democracy is required to control public debt. …
Persistent link: https://www.econbiz.de/10011872917
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An enabling mechanism for the creation, adjustment, and dissolution of states and governmental units
Hausken, Kjell; Knutsen, John F. - 2010
autonomy to each individual as in a direct democracy. The mechanism is designed such that Pareto optimality is possible, in …
Persistent link: https://www.econbiz.de/10003933123
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On the return-volatility relationship in the Bitcoin market around the price crash of 2013
Bouri, Elie; Azzi, Georges; Dyhrberg, Anne Haubo - 2016
The authors examine the relation between price returns and volatility changes in the Bitcoin market using a daily database denominated in various currencies. The results for the entire period provide no evidence of an asymmetric return-volatility relation in the Bitcoin market. They test if...
Persistent link: https://www.econbiz.de/10011539994
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What drives long-term oil market volatility? : fundamentals versus Speculation
Yin, Libo; Zhou, Yimin - 2016
This paper explores the role of speculation and economy fundamentals in the oil market using a two-component GARCH-MIDAS model. Particularly, the authors highlight the different role played by changing oil shocks on short-term and long-term components in terms of oil market volatility. The...
Persistent link: https://www.econbiz.de/10011413340
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A double-edged sword : high interest rates in capital control regimes
Gudmundsson, Gudmundur S.; Gylfi Zoega - 2016
This paper describes the relationship between central bank interest rates and exchange rates under a capital control regime. Higher interest rates may strengthen the currency by inducing owners of local currency assets not to sell local currency off shore. There is also an effect that goes in...
Persistent link: https://www.econbiz.de/10011415751