Showing 1 - 10 of 1,994
aftermath of major wars. Motivated by this fact, we offer a theory of political transitions which focuses on the impact of … through the extension of franchise. This is because democracy always implements a highly redistributive fiscal policy, which … makes fighting hard incentive-compatible for the citizens-soldiers. We show that a transition to democracy is more likely to …
Persistent link: https://www.econbiz.de/10010268686
This paper investigates the role that idiosyncratic uncertainty plays in shaping social preferences over the degree of labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves over time as a Geometric Brownian motion. A key result...
Persistent link: https://www.econbiz.de/10010268688
relationship according to which democracy is a determinant of economic development? Or is it, conversely, economic development that …
Persistent link: https://www.econbiz.de/10010267954
Using a new set of micro evidence from an original survey of 28 transition countries, we show that democracy increases … reformist parties in the former socialist block lies in a deepening of democracy. …
Persistent link: https://www.econbiz.de/10010268619
individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that … personal joblessness experience translates into negative opinions about the effectiveness of democracy and it increases the … that democracies are ineffective, regardless of joblessness. People's beliefs about the effectiveness of democracy as …
Persistent link: https://www.econbiz.de/10010275889
democracy enhances entry rates for small sized firms but reduces them for medium or large ones. …
Persistent link: https://www.econbiz.de/10010278439
. We find that emigration and human capital both increase democracy and economic freedom. This implies that unskilled …
Persistent link: https://www.econbiz.de/10010278546
This paper investigates the determinants of economic growth emphasizing the role of institutional quality, social fragmentation, and increasing global integration on recent growth experience. Our longitudinal data consists of 103 countries covering the period 1992-2005. We find that democracies...
Persistent link: https://www.econbiz.de/10010282215
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/10010291403
satisfied with the way democracy works in their country if more environmental policies are in place and if environmental quality …
Persistent link: https://www.econbiz.de/10010268889