Showing 1 - 10 of 151
Does redistribution in democracies cater to the will of the majority? We propose a direct empirical strategy based on survey data that needs not assume that voters are guided by pecuniary motives alone. We find that most democracies implement the median voter's preferred amount of redistribution...
Persistent link: https://www.econbiz.de/10011307797
Do minorities fare worse under direct democracy than under representative democracy? We provide new evidence by studying naturalization requests of immigrants in Switzerland that were typically decided with referendums in each municipality. Using panel data from 1,400 municipalities for the...
Persistent link: https://www.econbiz.de/10013037096
This paper seeks to provide an improved understanding of the origins of democracy. It begins by developing a theoretical model to demonstrate how exogenous economic conditions can influence both the incentives to establish democratic institutions and the likelihood that such institutions...
Persistent link: https://www.econbiz.de/10014112734
AI is now an important component of sectors such as healthcare, agriculture, public administration and transportation, and is helping to address major challenges such as ageing and climate change. However, there is currently a lack of transparency in algorithmic governance systems, and this is...
Persistent link: https://www.econbiz.de/10014032665
This is the first study that assesses the economic effects of direct democratic institutions on a cross country basis. Its results are based on up to six new measures produced to reflect the legislative basis for using direct democratic institutions as well as their factual use. In addition, a...
Persistent link: https://www.econbiz.de/10010264252
This paper investigates the merits of different democratic institutions when politics is uni-dimensional, there is uncertainty both about the preferences of the future electorate and the future polarization of political parties, and politicians have better information about the state of the...
Persistent link: https://www.econbiz.de/10010320914
We study the health effects of the spread of democratic institutions and the extension of voting rights in 15 European countries since the middle of the nineteenth century. We employ both cross country and cohort variation in heights and employ a new instrument for democracy and the extension of...
Persistent link: https://www.econbiz.de/10012028804
This is the first study that assesses the economic effects of direct democratic institutions on a cross country basis. Most of the results of the former intra-country studies could be confirmed. On the basis of some 30 countries, a higher degree of direct democracy leads to lower total...
Persistent link: https://www.econbiz.de/10003363372
Sovereign Wealth Funds (SWFs) have become important and controversial in global economy. We analyze why some SWFs have more encompassing and clearly specified governance rules than others. We argue SWF institutionalization is structurally rooted in a country's regime type and number of veto...
Persistent link: https://www.econbiz.de/10013014476
When it comes to social welfare, we do not have clear understanding of whether it is more important to have democracy or a capable state. Specifically, most studies do not consider the possibility that effects of democracy are conditioned or obscured by differences in the capabilities of states...
Persistent link: https://www.econbiz.de/10013032867