Showing 1 - 10 of 1,046
We examine the direction of causality between growth and democratization for the high performing Asian economies using … direction of causality runs consistently from democratization to growth and not the other way around. Rapid growth in the high … growth is not always positive. Against the widely-held view that growth enhances democratization, our evidence suggests that …
Persistent link: https://www.econbiz.de/10005730850
to the event of becoming a democracy.  We find that democratization leads to a more market-based financial system … change on financial structure we estimate a separate model and find that democracy matters.  We also find that countries with … estimation, alternative measures of democracy and financial structure, and across different samples. …
Persistent link: https://www.econbiz.de/10011004286
to the event of becoming a democracy. We find that democratization leads to a more market-based financial system … on financial structure we estimate a separate model and find that democracy matters. We also find that countries with … estimation, alternative measures of democracy and financial structure, and across different samples. …
Persistent link: https://www.econbiz.de/10009644814
development path from monarchy to oligarchy and .nally to democracy with full surage. When it is too costly for any group of …
Persistent link: https://www.econbiz.de/10009365197
In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … to be realized when democracy is captured by the richer segments of the population; when it caters to the preferences of …
Persistent link: https://www.econbiz.de/10013071803
In this paper we revisit the relationship between democracy, redistribution, and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … to be realized when democracy is captured by the richer segments of the population; when it caters to the preferences of …
Persistent link: https://www.econbiz.de/10014025324
development path from monarchy to oligarchy and ?finally to democracy with full suffrage. When it is too costly for any group of …
Persistent link: https://www.econbiz.de/10005006760
the event of becoming a democracy. We find that democratization leads to a more market-based financial system. Democratic … structure we estimate a separate model and find that democracy matters. We also find that countries with substantial democratic …, Arellano–Bond GMM estimation, alternative measures of democracy and financial structure, and across different samples. …
Persistent link: https://www.econbiz.de/10010719604
migration and trade and their effects on unemployment (chapter 5), and the dynamics of democracy and income chapter 6). …
Persistent link: https://www.econbiz.de/10011742960
migration and trade and their effects on unemployment (chapter 5), and the dynamics of democracy and income chapter 6). …
Persistent link: https://www.econbiz.de/10013447126