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We study changes in the form of government as an example of endogenously determined constitutions. For a sample of 202 countries over the period 1950–2006, we find that most changes are relatively small and roughly equally likely to be either in the direction of more parliamentarian or more...
Persistent link: https://www.econbiz.de/10010636223
Rational politicians are interested in judicial independence (JI) in order to make their promises credible. But if politicians' preferences deviate from the dicta of the judiciary, they also have incentives to renege on judicial independence. These two conflicting aspects are measured by two...
Persistent link: https://www.econbiz.de/10001750292
A country’s form of government has important economic and political consequences, but the determinants that lead societies to choose either parliamentary or presidential systems are largely unexplored. This paper studies this choice by analyzing the factors that make countries switch from...
Persistent link: https://www.econbiz.de/10014197388
This paper analyzes whether nation-state governments can increase their credibility by becoming members of international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have an important impact on investment and growth. It is...
Persistent link: https://www.econbiz.de/10014218798
The welfare state that co-emerged with industrialization and democratization can be interpreted as an attempt to make the fate of the worst-off independent of their personal bonds, i.e., the ability and the willingness of their personal environment to help in times of need. Democratic politics...
Persistent link: https://www.econbiz.de/10014120229
Elected politicians often choose to delegate competence to various agencies rather than deciding themselves. The paper deals with the apparent paradox that competence is being transferred despite the fact that politicians are assumed to maximize individual utility. The constitutional structure,...
Persistent link: https://www.econbiz.de/10014120584
This paper is an attempt to analyze bonds and their relevance within the confines of economics. They are discussed as both exogenous and endogenous variables. More specifically, the bonds of democratic politics are compared with those of non-democratic politics. It is argued that only those...
Persistent link: https://www.econbiz.de/10014122175
This paper explores conditions under which dictators comply with a social contract. We assume society to consist of two groups, one with a comparative advantage in using violence, the other one with a comparative advantage in producing private goods. Violence can be used to produce security or...
Persistent link: https://www.econbiz.de/10014077672
It is often argued that governments take advantage of extreme events to expand their power to the detriment of the political opposition and citizens at large. Violations of constitutional constraints are a clear indication of such opportunistic behavior. We study whether natural disasters,...
Persistent link: https://www.econbiz.de/10014080740
Constitutional democracy is in decline and many would-be autocrats try to elude constitutional constraints or even to exploit constitutions in their favor. We make a number of proposals for designing constitutions that are more resilient against such attempts. A first look at the empirical...
Persistent link: https://www.econbiz.de/10014105805