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Are All Democracies Equally Good? The Role of Interactions Between Political Environment and Inequality for Rule of Law
Sunde, Uwe; Cervellati, Matteo; Fortunato, Piergiuseppe - 2021
Using cross-country data, we find evidence for a significant negative interaction effect between democracy and … inequality in determining the quality of growth-promoting institutions like rule of law. Democracy is associated with …
Persistent link: https://www.econbiz.de/10013316859
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Political Instability and Labor Market Institutions
Lucifora, Claudio - 2012
This paper investigates the relationship between political instability and labor market institutions. We develop a theoretical model in which some features of the political process, by reducing the future yields of policy interventions, induce an incumbent government to choose labor market...
Persistent link: https://www.econbiz.de/10013107712
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International Terrorism, Political Instability and the Escalation Effect
Campos, Nauro F. - 2009
What are the main causes of international terrorism? The lessons from the surge of academic research that followed 9/11 remain elusive. The careful investigation of the relative roles of economic and political conditions did little to change the fact that existing econometric estimates diverge...
Persistent link: https://www.econbiz.de/10012764240
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Growth, Volatility and Political Instability : Non-Linear Time-Series Evidence for Argentina, 1896-2000
Campos, Nauro F. - 2009
What is the relationship between economic growth and its volatility? Does political instability affect growth directly or indirectly, through volatility? This paper tries to answer such questions using a power-ARCH framework with annual time series data for Argentina from 1896 to 2000. We show...
Persistent link: https://www.econbiz.de/10012766848
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Growth, History, or Institutions? What Explains State Fragility in Sub-Saharan Africa
Bertocchi, Graziella - 2010
We explore the determinants of state fragility in sub-Saharan Africa. Controlling for a wide range of economic, demographic, geographic and institutional regressors, we find that institutions, and in particular the civil liberties index and the number of revolutions, are the main determinants of...
Persistent link: https://www.econbiz.de/10013146481
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Political Uncertainty and Household Savings
Aaberge, Rolf - 2015
Despite macroeconomic evidence pointing to a negative aggregate consumption response due to political uncertainty, few papers have used microeconomic panel data to analyze how households adjust their consumption after an uncertainty shock. We study household savings and expenditure adjustment...
Persistent link: https://www.econbiz.de/10013031192
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Two to Tangle : Financial Development, Political Instability and Economic Growth in Argentina (1896-2000)
Campos, Nauro F.; Karanasos, Menelaos; Tan, Bin - 2021
This paper investigates the effects of financial development and political instability on economic growth in a power-ARCH framework with data for Argentina from 1896 to 2000. Our findings suggest that (i) informal or unanticipated political instability (e.g., guerrilla warfare) has a direct...
Persistent link: https://www.econbiz.de/10013324919
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Institutions and Entry : A Cross-Regional Analysis in Russia
Bruno, Randolph Luca - 2011
democracy enhances entry rates for small sized firms but reduces them for medium or large ones …
Persistent link: https://www.econbiz.de/10013129917
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Emigration and Democracy
Docquier, Frédéric - 2011
. We find that emigration and human capital both increase democracy and economic freedom. This implies that unskilled …
Persistent link: https://www.econbiz.de/10013129925
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Income, Democracy, and Critical Junctures
Cervellati, Matteo - 2012
democracy disappears once including country fixed effects. This paper tests the hypothesis that the effect of income on … democracy might differ systematically across countries. A replication of the estimation in a less restrictive empirical … framework provides evidence for significant but heterogeneous effects of income on democracy for former colonies and non …
Persistent link: https://www.econbiz.de/10013096152