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In this paper, it is argued that Germany has undergone a series of large-scale institutional changes during eleven years of Social Democrats in government, weakening all of its core Continental principles and effectively triggering a process of regime hybridization. Elements of these reforms...
Persistent link: https://www.econbiz.de/10014183841
This study examines the relationships between democratic politics and systematic (or country-specific) financial risk. Low financial risk is crucial to any well-functioning economy, as it encourages capital investment, facilitates growth, and enhances overall economic performance. Up until now,...
Persistent link: https://www.econbiz.de/10014218171
We study the descriptive and substantive representation of workers through worker representatives, focusing on the selection of German works council representatives and their impact on worker outcomes. Becoming a professional representative leads to substantial wage gains for the elected,...
Persistent link: https://www.econbiz.de/10014582293
We study the descriptive and substantive representation of workers through worker representatives, focusing on the selection of German works council representatives and their impact on worker outcomes. Becoming a professional representative leads to substantial wage gains for the elected,...
Persistent link: https://www.econbiz.de/10014632397
We study the descriptive and substantive representation of workers through worker representatives, focusing on the selection of German works council representatives and their impact on worker outcomes. Becoming a professional representative leads to substantial wage gains for the elected,...
Persistent link: https://www.econbiz.de/10014635344
This paper focuses on the rise of state investment banks (SIBs) as lead funders of mission-oriented innovation in various countries' agendas regarding smart (innovation-led) growth, and not just fixers of ‘market failures'. The market failure justification for public finance fails to capture...
Persistent link: https://www.econbiz.de/10012997228
We study whether a democracy improves a measure of individual wellbeing; human heights. Drawing on individual …-level datasets, we test the hypothesis using a battery of eight different measures of democracy and derived averages, and include … models accounting for several confounders, regional and cohort fixed effects. We document that democracy - or its quality …
Persistent link: https://www.econbiz.de/10012698819
This paper finds evidence that more democratic political institutions increase trust. Second generation immigrants with ancestries from 115 countries are studied within 30 European countries. Comparing individuals born and residing in the same country, those whose father was born in a more...
Persistent link: https://www.econbiz.de/10010206754