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A long tradition in economics explores the association between the quality of formal institutions and economic performance. The literature on the relationship between such institutions and happiness is, however, rather limited. In this paper, we revisit the findings from recent cross-country...
Persistent link: https://www.econbiz.de/10010281226
A long tradition in economics explores the association between the quality of formal institutions and economic performance. The literature on the relationship between such institutions and happiness is, however, rather limited. In this paper, we revisit the findings from recent cross-country...
Persistent link: https://www.econbiz.de/10005649319
with the way democracy works) influences how a certain government size affects growth. On the positive side, a legitimate …While previous research documents a negative relationship between government size and economic growth, suggesting an … economic cost of big government, a given government size generally affects growth differently in different countries. As a …
Persistent link: https://www.econbiz.de/10010420025
. Our results indicate that while reforms of government size are not robustly related to satisfaction with democracy … reforms and even be less satisfied with democracy as such. We test this hypothesis empirically, using panel data from 30 … European countries in the period 1993-2015. The dependent variable is the average satisfaction with democracy, while the reform …
Persistent link: https://www.econbiz.de/10011787907
. Our results indicate that while reforms of government size are not robustly related to satisfaction with democracy … reforms and even be less satisfied with democracy as such. We test this hypothesis empirically, using panel data from 30 … European countries in the period 1993–2015. The dependent variable is the average satisfaction with democracy, while the reform …
Persistent link: https://www.econbiz.de/10014116668
Most studies find that larger government is associated with slower long-run growth. However, which elements of … government intervention drive the result and if the conclusion applies to all political regimes remains an open question, which …
Persistent link: https://www.econbiz.de/10014346283
The cross-country correlation between social trust and income equality is well documented, but few studies examine the direction of causality. We show theoretically that by facilitating cooperation, trust may increase efficiency and lead to more equal outcomes, while the feedback from inequality...
Persistent link: https://www.econbiz.de/10010335612
A long tradition in economics explores the association between the quality of formal institutions and economic performance. The literature on the relationship between such institutions and happiness is, however, rather limited. In this paper, we revisit the findings from recent cross-country...
Persistent link: https://www.econbiz.de/10010277738
growth, as government size and growth are found to be negatively associated in several recent studies. We note that the …
Persistent link: https://www.econbiz.de/10011794585
This paper explores a wide range of cross-country determinants of life satisfaction exploiting a database of 90,000 observations in 70 countries. We distinguish four groups of aggregate variables as potential determinants of satisfaction: political, economic, institutional, and human development...
Persistent link: https://www.econbiz.de/10010285886