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We focus on the link between political instability due to uncertain electoral outcomes and economic growth, through the impact on a government's decisions on how to allocate government expenditure between public consumption and investment. Using an endogenous growth model with partisan electoral...
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Politicians are expected to influence policy outcomes in a way to gain electoral advantage. There is, however, a pending question whether efficiency in the provision of public goods and services is affected by strategic behavior. I examine how electoral cycles influence local government...
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The study determines how worsening internal and external conflict affects income inequality. The paper accounts for …, cross-sectional dependence, and autocorrelation. Worsening internal conflict increases income inequality in developing … countries but not in developed countries. Worsening of internal conflict by one standard deviation increases income inequality …
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Violent conflict is a well-recognised driver of forced migration but literature does not usually consider the pull … significant economic variable. In addition, we demonstrate that it is episodes of escalating conflict, rather than accumulated … violence, that drives decisions to leave. Out-of-sample predictions indicate that if conflict in origin countries were to cease …
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