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European integration has come to constrain the capacity for democratic political action in EU member states through the judicial constitutionalization of "economic liberties," whereas the capacity for effective political action at the European level is narrowly constrained by the multiple-veto...
Persistent link: https://www.econbiz.de/10011583675
Eight years after the onset of the "Great Recession," the eurozone is deeply split between "Northern" EMU economies that seem to be doing reasonably well and "Southern" countries that continue to struggle with socioeconomic catastrophe. This paper argues that the continuing malaise is a...
Persistent link: https://www.econbiz.de/10011598859
This paper empirically analyzes the political, institutional and economic sources of public deficit volatility. Using the system-GMM estimator for linear dynamic panel data models and a sample of 125 countries analyzed from 1980 to 2006, we show that higher public deficit volatility is typically...
Persistent link: https://www.econbiz.de/10011605088
The linkage between liberal democracy and income inequality has been the subject of considerable empirical research. However, the literature has largely ignored advances in the techniques for measuring income distribution which help to improve and strengthen the robustness of research findings...
Persistent link: https://www.econbiz.de/10011652901
This paper examines the relationship between regional or 'contextual' poverty, income inequality and unemployment and individual political participation in the mid-1990s for the following Western European countries: Belgium, France, West Germany, Italy, Spain, and the United Kingdom. This...
Persistent link: https://www.econbiz.de/10011653007
Does democracy promote economic development? This paper reviews recent attempts to address this question that exploited within-country variation. It shows that the answer is largely positive, but also depends on the details of democratic reforms. First, the sequence of economic vs political...
Persistent link: https://www.econbiz.de/10010261420
Why do political constituencies delegate decision power to representative assemblies? And how is the size of such assemblies determined? We analyze these questions of constitutional design in a model with voters learning their preferred alternative only after engaging in costly information...
Persistent link: https://www.econbiz.de/10010263053
Strengthening elements of direct democracy has become a hotly debated issue especially in purely representative democracies where distrust in political institutions and policymakers has been continually growing in recent years. We develop a compensation model of interest groups seeking a...
Persistent link: https://www.econbiz.de/10010263404
Persistent link: https://www.econbiz.de/10010263432
Es entspricht einer gängigen Meinung, dass ?die Politik? schlecht funktioniert. Politiker genießen nur eine mäßige Wertschätzung. Die Parteien sind auch für politisch engagierte Bürger als Plattform für eigene Aktivitäten zunehmend unattraktiv geworden und werden eher als notwendiges...
Persistent link: https://www.econbiz.de/10010263463