produces upward-biased OLS and 2SLS estimates. The results of an analysis of the effect of democracy on economic growth show …We compile data for 186 countries (1919 - 2016) and apply different aggregation methods to create new democracy indices …

institutions and governance on environmental policy, environmental outcomes, and investments. The paper describes how the … relationship between institutions and various response variables related to environmental performance and environmental policy have …

Increasing the realism with respect to the representation of actors, decision-making, and institutions is critical to … better understand the transition towards a low-carbon sustainable society since actors, decision-making, and institutions are …

In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … to be realized when democracy is captured by the richer segments of the population; when it caters to the preferences of …

In this paper we revisit the relationship between democracy, redistribution, and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail … to be realized when democracy is captured by the richer segments of the population; when it caters to the preferences of …

also tends to erect significant entry barriers, violating the property rights of future producers. Democracy, where … taxes in democracy are high and the distortions caused by entry barriers are low, an oligarchic society achieves greater … new technologies, and how the unequal distribution of income in an oligarchic society supports the oligarchic institutions …

million regressions. The most robust determinants of the transition to democracy are GDP growth (a negative effect), past …There are many stories of democracy but little consensus over which variables robustly determine its emergence and … countries are less likely to see democracy emerge, although the latter finding is driven entirely by oil producing Muslim …

different growth trajectories if they differently motivate risk-taking. Historically, risk sharing institutions were selected … shocks or time-dependent state variables. Recognizing the role of non-market institutions in the growth process bridges the …We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual …