voting. In so doing, we provide an investigation of when good policies are chosen in democracy. Based on our findings, we …

extend the analysis to Liquid Democracy and find that, while it can be well suited to small scales communities, it faces …

Broadening democracy by lowering the voting age is on the political agenda in many democratic societies. Previous … democracy proxied by the strength of direct democratic institutions and (ii) the size of the new electorate. Our results provide … democracy and affects citizens' willingness to lower the voting age. Moreover, we find systematic price reactions of present …

perspective the claim that biased beliefs lead to bad policy outcomes in democracy, as has been argued, for instance, by Bryan … Caplan (2007: The myth of the rational voter). We show that there is a self-correction mechanism in democracy that may … mitigate the problem of biased beliefs. Democracy is characterized by suffering from mediocre mixtures of populist and good …

We study the incentives to expropriate foreign capital under democracy and oligarchy. We model a two-sector small open …

individual commitment across citizens to defend democracy against a potential military coup, and it is an endogenous state … and the state. Parents invest resources in order to transmit their own political values (commitment to democracy) to their … between political regimes and political culture diffusion. Consolidated democracy emerges when sufficiently many people are …

This study investigates the relationship between economic growth and democracy by estimating a nation's production … shifters model enabled this study to find possible known channels between economic growth and democracy. Empirical results … based on a panel data of 144 countries observed for 1980-2014 show that democracy had a robust positive impact on economic …

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

This study investigates the relationship between economic growth and democracy by estimating a nation's production … shifters model enabled this study to find possible known channels between economic growth and democracy. Empirical results … based on a panel data of 144 countries observed for 1980-2014 show that democracy had a robust positive impact on economic …