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outcomes of democracy by using excess mortality as a measure of the severity of the COVID-19 pandemic. Employing this measure …
Persistent link: https://www.econbiz.de/10013211164
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
This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960 … support. These findings are robust to, among others, using night-lights instead of GDP, different democracy measures and …
Persistent link: https://www.econbiz.de/10013412764
Free media may not favor political accountability when other democratic institutions are weak, and may even bring undesirable unintended consequences. We propose a simple model in which candidates running for office may engage in coercion to obtain votes. A media scandal exposing these...
Persistent link: https://www.econbiz.de/10012938540
this claim is missing for the new disease. Studying the association with five different democracy measures, this study …
Persistent link: https://www.econbiz.de/10012422581
This paper starts with the observation that almost all military dictatorships that democratize become presidential democracies. I hypothesize that military interests are able to coordinate on status-preserving institutional change prior to democratization and therefore prefer political...
Persistent link: https://www.econbiz.de/10011763058
This paper investigates the macroeconomic and social determinants of voting behavior, and especially of political polarization, in 20 advanced countries using annual data ranging from 1970 to 2016 and covering 291 parliamentary elections. Using a panel estimation approach and rolling...
Persistent link: https://www.econbiz.de/10012234679
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
The strong negative link between democracy and output volatility documented by Rodrik (2000) and others stands in sharp … contrast to the lack of consensus on the democracy-growth relationship. To explain stable growth performance in democracies we … qualities of available policy alternatives are uncertain, greater democracy (i.e. decentralization of decision-making authority …
Persistent link: https://www.econbiz.de/10014224622
a market economy requires sustained restrictions on democracy – the rule of law, strong property rights, and enforcement … – make constitutions more likely to survive. Democratic theorists who value unfettered democracy but who also value … also less stable. Further, countermajoritarian provisions are often necessary to the instantiation of democracy as …
Persistent link: https://www.econbiz.de/10014134008