Arezki, Rabah; Djankov, Simeon; Nguyen, Ha; Yotzov, Ivan - 2020
newspaper articles in 28 languages. The paper shows that the intensity of reform chatter increases during economic downturns … relationship to be causal. The paper also documents that reform chatter is followed by actual reforms, suggesting that democracies … benefit from a "self-correcting" mechanism stemming from changing popular attitudes toward reform …