We provide evidence that democracy has a significant and robust positive effect on GDP. Our empirical strategy relies … on a dichotomous measure of democracy coded from several sources to reduce measurement error and controls for country … fixed effects and the rich dynamics of GDP, which otherwise confound the effect of democracy on economic growth. Our …

In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … to be realized when democracy is captured by the richer segments of the population; when it caters to the preferences of …

research on long-run comparative development should investigate the implications of political inequality as well as those of …

the 1790s and later under Napoleon invaded and controlled large parts of Europe. Together with invasion came various …, guilds, and urban oligarchies and established the principle of equality before the law. The evidence suggests that areas that …