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Securing personal freedom through institutions : the role of electoral democracy and judicial independence
Berggren, Niclas; Gutmann, Jerg - 2019
freedom is frequently associated with electoral democracy, developments in countries such as Hungary, Poland, Turkey and … Russia, where elected populist leaders with authoritarian tendencies rule, suggest that electoral democracy may not be the … provide a firmer foundation. We investigate empirically how electoral democracy and judicial independence relate to personal …
Persistent link: https://www.econbiz.de/10011995261
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Securing personal freedom through institutions : the role of electoral democracy and judicial independence
Berggren, Niclas; Gutmann, Jerg - 2019
freedom is frequently associated with electoral democracy, developments in countries such as Hungary, Poland, Turkey and … Russia, where elected populist leaders with authoritarian tendencies rule, suggest that electoral democracy may not be the … provide a firmer foundation. We investigate empirically how electoral democracy and judicial independence relate to personal …
Persistent link: https://www.econbiz.de/10011994154
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Factor Endowments, Democracy and Trade Policy Divergence
Galiani, Sebastian; Schofield, Norman; Torrens, Gustavo - 2011
We develop a stochastic model of electoral competition in order to study the economic and political determinants of trade policy. We model a small open economy with two tradable goods, each of which is produced using a sector specific factor (e.g., land and capital) and another factor that is...
Persistent link: https://www.econbiz.de/10014199348
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The Myth of Bad Policy Choices : Why Democracies Choose Mediocre Policies
Bischoff, Ivo; Siemers, Lars H.R - 2010
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 …
Persistent link: https://www.econbiz.de/10014212900
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An International Comparison of Voting by Committees
Jung, Alexander - 2011
This paper provides new empirical evidence on policy-makers' voting patterns on interest rates. Applying (pooled) Taylor-type rules and using real-time information available from published inflation reports and voting records, the paper tests for heterogeneity among committee members in three...
Persistent link: https://www.econbiz.de/10013120227
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The political costs of oil price shocks
Arezki, Rabah; Djankov, Simeon; Nguyen, Ha; Yotzov, Ivan - 2022
We explore the effect of oil import price shocks on political outcomes using a worldwide dataset on elections of chief executives. Oil import price shocks cause a reduction in the odds of reelection of incumbents, an increase in media chatter about fuel prices, and an increase in non-violent...
Persistent link: https://www.econbiz.de/10013205030
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Comparative politics and quasi-rational markets
McMenamin, Iain; Breen, Michael; Muñoz-Portillo, Juan - In: New political economy 21 (2016) 6, pp. 587-605
Persistent link: https://www.econbiz.de/10011666995
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Essays on the political economy of inequality and redistribution
Campante, Filipe R. - 2007
Persistent link: https://www.econbiz.de/10009691372
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Democracy and the quality of economic institutions : theory and evidence
Krieger, Tommy - 2022
We present a simple model, illustrating how democracy may improve the quality of the economic institutions. The model … further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect …
Persistent link: https://www.econbiz.de/10013342090
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The economic effects of democratic participation
Mueller, Dennis C.; Stratmann, Thomas - 2002
Considerable concern has been expressed in recent years about declines in voter participation rates in the United States and in several other major democratic countries. Some feel low participation rates introduce a class bias into the political process and thereby worsen the outcomes from it....
Persistent link: https://www.econbiz.de/10011408980