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Democratic development and credit : "Democracy doesn't come cheap" but at least credit to its corporations will be
Delēs, Manthos D.; Hasan, Iftekhar; Ongena, Steven - 2017
Does democratization reduce the cost of credit? Using global syndicated loan data from 1984 to 2014, we find that … democratization has a sizeable negative effect on loan spreads: a one-point increase in the zero-to-ten Polity IV index of democracy … democratization, and to a battery of other sensitivity tests. We thus highlight the lower cost of loans as one relevant mechanism …
Persistent link: https://www.econbiz.de/10011761252
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Democracy and credit "democracy doesn't come cheap" but at least credit to its corporations will be
Delēs, Manthos D.; Hasan, Iftekhar; Ongena, Steven - 2017
Persistent link: https://www.econbiz.de/10011636472
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Essays in international macroeconomics
Scholl, Almuth - 2006
Persistent link: https://www.econbiz.de/10003315521
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Does Oil Hinder Democratic Development? A Time-Series Analysis
O'Connor, Kelsey - 2016
multiple time-series estimation strategies. We find no robust long-run effect of oil rents per capita on Polity, Civil …
Persistent link: https://www.econbiz.de/10012996271
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The political U : new evidence on democracy and income
Campos, Nauro; Coricelli, Fabrizio; Frigerio, Marco - 2022
This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960-2018, we show that the causal relationship between political and economic development is U-shaped: "intermediate" political regimes significantly lead to inferior economic...
Persistent link: https://www.econbiz.de/10013412764
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Understanding regime support in new and old democracies : the role of performance and democratic experience
Camacho, Luis A. - 2014
Persistent link: https://www.econbiz.de/10010361534
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Understanding Regime Support in New and Old Democracies : The Role of Performance and Democratic Experience
Camacho, Luis A. - 2014
This paper develops a comprehensive theory of support for democracy. Building on instrumental and culturalist approaches, the theory argues that experience with democracy conditions the extent to which economic and political performance inform support. Specifically, it argues that the extent to...
Persistent link: https://www.econbiz.de/10013053052
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World Bank literature
Kumar, Amitava (ed.) - 2003
Persistent link: https://www.econbiz.de/10001680127
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Capital flows, financial cooperation and international risk-sharing
Horn, Sebastian - 2020
Persistent link: https://www.econbiz.de/10012507533
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Institutions, inequality and development
Ziegler, Maria - 2011 - 1. Aufl.
Persistent link: https://www.econbiz.de/10008903878