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Independence of the Central Bank, Growth and Coalitions in a Monetary Union
Hellier, Joël - 2012
Within a Monetary Union, we assume that the policy of a hard-nosed central bank results in a real appreciation of the … Union currency, which is in contradiction with the growth targets of several countries. These countries may join together to … involving the formation of coalitions between the Union countries and the Central bank so as to determine the Union's monetary …
Persistent link: https://www.econbiz.de/10013101879
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From duty to right : the role of public education in the transition to aging societies
Sugimoto, Yoshiaki (contributor);  … - 2007
This paper argues that currently advanced, aging economies experienced a qualitative change in the role of public education during the process of industrialization. In the early phases of the Industrial Revolution, public education was regarded as a duty that regulated child labor and thereby...
Persistent link: https://www.econbiz.de/10003556322
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Growth and institutions in African development
Fosu, Augustin Kwasi - 2015
Persistent link: https://www.econbiz.de/10011407947
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The economic effects of democratic participation
Mueller, Dennis C.; Stratmann, Thomas - 2002
Considerable concern has been expressed in recent years about declines in voter participation rates in the United States and in several other major democratic countries. Some feel low participation rates introduce a class bias into the political process and thereby worsen the outcomes from it....
Persistent link: https://www.econbiz.de/10011408980
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Electoral Laws, Political Institutions and Long-Run Development : Evidence from Latin America, 1800-2012
Spruk, Rok - 2016
This paper exploits the variation in the timing of electoral law enforcement across nine Latin American countries to consistently examine the contribution of de jure and de facto political institutions to long-run development. The set of novel measures of electoral law enforcement is constructed...
Persistent link: https://www.econbiz.de/10012988220
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Socio-Political Conflict and Economic Performance in Bolivia
Evia, Jose Luis; Laserna, Roberto; Skaperdas, Stergios - 2021
We examine how socio-political conflict in Bolivia has affected its economic performance since the 1970s. Such conflict includes strikes, demonstrations, road blockades, and conventional rent-seeking. Since conflict has costs, it diverts resources away from production, tends to reduce investment...
Persistent link: https://www.econbiz.de/10013316564
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Growth, Distribution and Politics
Persson, Torsten; Tabellini, Guido - 2021
We start by arguing that to understand growth differences across countries and time, one needs to understand differences in public policies that affect the incentives for productive accumulation of capital, human capital, or technically useful knowledge. And to understand policy differences one...
Persistent link: https://www.econbiz.de/10013317663
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The Economic Effects of Democratic Participation
Mueller, Dennis C.; Stratmann, Thomas - 2021
Considerable concern has been expressed in recent years about declines in voter participation rates in the United States and in several other major democratic countries. Some feel low participation rates introduce a "class bias" into the political process and thereby worsen the outcomes from it....
Persistent link: https://www.econbiz.de/10013320633
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Social institutions and economic inequality : modeling the onset of the Kuznets curve
Alvarez-Pereira, Brais; Bale, Catherine S. E.; Furtado, … - 2015
Theoretical models of the Kuznets Curve have been purely analytical with little contribution towards an understanding of the timing of the process and the presence of additional mechanisms affecting its timing. This paper proposes an agent-based version of Acemoglu and Robinson's model of the...
Persistent link: https://www.econbiz.de/10012057437
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Political competition and economic performance : empirical evidence from Pakistan
Chaudhry, Ahmed; Mazhar, Ummad - 2018
The influence of politics on economic policy is not fully understood. The challenge to ensure political inclusiveness and economic prosperity remains. Perhaps, one way to attain this objective is by increasing political competition. This paper gathers empirical evidence from Pakistan, a country...
Persistent link: https://www.econbiz.de/10011809880