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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

Good policy choices even when voters entertain biased beliefs : a model with endogenous valence

Bischoff, Ivo; Siemers, Lars - 2008

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

Persistent link: https://www.econbiz.de/10003865948

Overstrained citizens? : the number of ballot propositions and the quality of the decision process in direct democracy

Stutzer, Alois; Baltensperger, Michael; Meier, Armando N. - 2018

We study how the number of ballot propositions affects the quality of decision making in direct democracy, as reflected … in citizens' knowledge, voting behavior, and attitudes toward democracy. Using three comprehensive data sets from … impedes the quality of decision making in direct democracy. For instance, a higher number of propositions does not lead more …

Persistent link: https://www.econbiz.de/10011926637

Overstrained citizens? : the number of ballot propositions and the quality of the decision process in direct democracy

Stutzer, Alois; Baltensperger, Michael; Meier, Armando N. - 2019

We study how the number of ballot propositions affects the quality of decision making in direct democracy, as reflected … in citizens' knowledge, voting behavior, and attitudes toward democracy. Using three comprehensive data sets from … federal direct democracy. In the medium to longer term, more federal propositions on the ballot rather relate to higher …

Persistent link: https://www.econbiz.de/10012022702

Policy reforms and the amount of checks & balances

Gersbach, Hans; Tejada, Oriol; Wagner, Julia - 2022

We examine how democracies choose their amount of checks and balances (C&B). For this purpose, we consider a simple model of political competition with costly policy reforms. The cost of a marginal reform is determined endogenously at the constitutional phase-i.e. before policies are...

Persistent link: https://www.econbiz.de/10013337980

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

Securing personal freedom through institutions : the role of electoral democracy and judicial independence

Berggren, Niclas; Gutmann, Jerg - 2019

Persistent link: https://www.econbiz.de/10011994154

Democracy and institutional quality : theory and evidence

Krieger, Tommy - 2019

We present a simple model that illustrates how democracy may improve the quality of economic institutions. The model … further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect … of democracy on institutional quality is increasing in people's human capital. Using a new panel data set, covering 140 …

Persistent link: https://www.econbiz.de/10012236426

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

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