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This paper examines the causal link between education and democracy. Motivated by a model whereby educated individuals are in a better position to assess the effects of public policies and hence favor democracy where their opinions matter, the empirical analysis uses World Values Surveys to...
Persistent link: https://www.econbiz.de/10013126093
This paper studies the joint effect of economic and political inequalities on redistributive taxation and institutional quality. The theoretical model suggests that income inequality, coupled with political bias in favor of the rich, decreases redistribution and lowers institutional quality. The...
Persistent link: https://www.econbiz.de/10013126171
Persistent link: https://www.econbiz.de/10011399507
This paper examines the causal link between education and democracy. Motivated by a model whereby educated individuals are in a better position to assess the effects of public policies and hence favor democracy where their opinions matter, the empirical analysis uses World Values Surveys to...
Persistent link: https://www.econbiz.de/10003844614
Persistent link: https://www.econbiz.de/10002122693
We examine the effect of oil price fluctuations on democratic institutions over the 1960–2007 period. We also exploit the very persistent response of income to oil price fluctuations to study the effect of persistent (oil-price-driven) income shocks on democracy. Our results indicate that...
Persistent link: https://www.econbiz.de/10011010044
Persistent link: https://www.econbiz.de/10009486216
We examine the effects that variations in the international food prices have on democracy and intra-state conflict using panel data for over 120 countries during the period 1970-2007. Our main finding is that in Low Income Countries increases in the international food prices lead to a...
Persistent link: https://www.econbiz.de/10009261830
Persistent link: https://www.econbiz.de/10009660756
Persistent link: https://www.econbiz.de/10009012865