Empirical evidence on the relationship between democracy and economic reforms is limited to few reforms, countries, and … years. This paper studies the impact of democracy on the adoption of economic reforms using a new dataset on reforms in the …. Democracy has a positive and significant impact on the adoption of economic reforms but there is no evidence that economic …

world. Discouragingly, our analysis uncovers at best a weak relationship: firms with better ESG scores do display somewhat …

Do foreign-educated individuals play a role in promoting democracy in their home countries? Despite the large amount of … foster democracy in their home countries. Using a unique panel dataset on foreign students starting from 1950, I show that …, indeed, foreign-educated individuals promote democracy in their home country, but only if the foreign education is acquired …

of democracy, is a significant predictor of government spending on education and health. The relationship is robust to … for democracy for a country is associated with approximately 1 percent more central government spending and 3 percent more …

, and effective regulation. Recent developments suggest that regulatory approaches and their legal foundations need to … augment entity-based regulation with increasing focus on activities and risks as market structure changes. This paper draws on …

This paper describes how behavioral elements are relevant to financial supervision, regulation, and central banking. It …