We study the role of trade liberalization, democratization and their interaction for technology adoption. A general … equilibrium theory with heterogeneous skills predicts a complementarity between trade and political regimes. Openness should … accelerate technology adoption if coupled with democratization but may lead to a slow down if these regime changes are imbalanced …

We develop a theory of endogenous regimes transitions (with a focus on democratic consolidation), which emphasizes the … individual commitment across citizens to defend democracy against a potential military coup, and it is an endogenous state … and the state. Parents invest resources in order to transmit their own political values (commitment to democracy) to their …

We provide evidence that a history of democracy at the local level is associated with contemporary democracy at the … national level. Auxiliary estimates show that a tradition of local democracy is also associated with attitudes that favor … democracy, with better quality institutions, and higher level of economic development …

This paper is dedicated to the relation between market development and democracy. We distinguish contexts and … preferences and ask whether it is true that the demand for democracy only emerges after a certain degree of market development is … reached, and whether, conversely, democratization is likely to be an obstacle to the acceptation of market liberalization. Our …

This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960 … support. These findings are robust to, among others, using night-lights instead of GDP, different democracy measures and …

This paper investigates the empirical role of violent conflicts for the causal effect of democracy on economic growth …. Exploiting within-country variation to identify the effect of democratization during the 'Third Wave', we find evidence that the … effect of democratization is weaker than reported previously once one accounts for the incidence of conflict, while the …

democracy. To address the potential endogeneity of economic growth, we use variation in precipitation, temperatures, and … reduces the short-run likelihood of institutional change toward democracy. Output contractions due to adverse weather shocks …

public schooling. We develop a theory which integrates private education and fertility decisions with voting on public … theory are consistent with state-level and micro data from the United States as well as cross-country evidence from the PISA …

Financial frictions are known to raise the volatility of economies to shocks (e.g. Bernanke andGertler 1989). We follow … this line of research to the labor literature concerned by the volatility of labor market outcomes to productivity shocks … are a good candidate to solve the volatility puzzle and rejoin Pissarides (2009) in arguing that hiring costs must be …