Showing 1 - 10 of 12,864
This paper argues that openness to goods trade in combination with an unequal distribution of political power has been …
Persistent link: https://www.econbiz.de/10011450834
Fiscal rules are controversial. They mitigate politicians' flexibility in responding to shocks and pursuing expansionary fiscal policy. They help, however, to handle politicians' commitment problem in fiscal policies. I portray the new and fast growing empirical literature in public economics...
Persistent link: https://www.econbiz.de/10014430703
) or countries&' formal institutions (e.g., political regime, electoral system), the variables in this database reflect the … workings of political institutions, using a logic emphasizing intertemporal political compromise. The paper also contrasts this …. -- Political institutions ; Public policies ; Government capabilities ; Veto players ; Intertemporal cooperation ; Development …
Persistent link: https://www.econbiz.de/10003794706
at the top of the distribution and economic growth. A one standard deviation increase in wealth inequality within …
Persistent link: https://www.econbiz.de/10014553772
institutions have been found to be decisive for the break out of stagnation and for explaining cross-country income differences by …
Persistent link: https://www.econbiz.de/10012205933
The so-called 'deep determinants' of economic growth and development (namely, geography, institutions, and integration …
Persistent link: https://www.econbiz.de/10012205937
-colonial autocratic institutions within ethnic groups and the emergence of autocratic institutions across countries. Diversity has … amplified the importance of institutions in mitigating the adverse effects of non-cohesiveness on productivity, while … contributing to the scope for domination, leading to the formation of institutions of the autocratic type. …
Persistent link: https://www.econbiz.de/10011645955
Do voters punish governments that introduce fiscal "austerity" measures? If so, does voter response vary according to the design (composition) of fiscal adjustments? What determines the timing of fiscal consolidations? The empirical literature on the political economy of fiscal adjustments,...
Persistent link: https://www.econbiz.de/10012052149
This paper analyzes the implementation of Fiscal Rules (FR) in Argentina. Several clear attempts to establish a FR at the national level are identified. The analysis suggests that the environment matters. The only FR that was binding in the period was approved in 2004 during an economic boom,...
Persistent link: https://www.econbiz.de/10012586827
This research explores the effects of culture on technological diffusion and economic development. It shows that culture's direct effects on development and barrier effects to technological diffusion are, in general, observationally equivalent. In particular, using a large set of measures of...
Persistent link: https://www.econbiz.de/10011528503