traditionally left to competing provincial securities commissions. The current state of securities regulation renders impotent US … federal securities regulation models are weighted in light of the current state of their needed complementary institutions …

Does democracy promote economic development? We review recent attempts to address this question, which exploit the … within-country variation associated with historical transitions in and out of democracy. The answer is positive, but depends … effect of democracy …

most effective ones for processing and aggregating local knowledge. Democracy is a meta-institution for building good …

and surveys, we show that individuals with longer exposure to democracy display stronger support for democratic … and focusing on immigrants' exposure to democracy before migration. In all cases, the timing and nature of the effects are …

democracy and favors the process of democratization. We combine survey data with country-level measures of democracy from 1960 … integrated with democracies are, at the time of the survey, more supportive of democracy. In line with the change in citizens …' preferences, economic integration with democratic partners has a large, positive effect on a country's democracy score. Instead …

Beyond its immediate impact on public health and the economy, the COVID-19 pandemic has put democracy under stress …, an opposing view is that dissatisfaction with government performance may cause deeper dissatisfaction with democracy even …,500 respondents to examine the impact of the pandemic on public attitudes about incumbent governments, the functioning of democracy …

government is correlated with happiness, however forms of democracy and government spending seem not. We further discuss three …

measure this democracy effect. We derive the distribution of the statistic of the democracy effect, and apply the new strategy … under democracy by weighting the behavior of each type of voter by its prevalence in the whole population (and not …. Application of this method to the data in Dal Bó, Foster and Putterman (2010) confirms the presence of the democracy effect in …

This paper assesses if voting for democracy affects long-term electoral participation. We study the effects of … participating in Chile's 1988 plebiscite, which determined whether democracy would be reinstated after a 15-year long military … eligibles in other upstream elections. Since less educated voters tended to support Chile's governing left-wing coalition, we …