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liberalizations correspond to the event of becoming a democracy. Using a difference-in-difference estimation, we ask what are the …
Persistent link: https://www.econbiz.de/10005661576
unrest or revolution, and this may force the elite to democratize. Democracy may not consolidate because it is more … redistributive than a nondemocratic regime, and this gives the elite an incentive to mount a coup. Because inequality makes democracy … more costly for the elite, highly unequal societies are less likely to consolidate democracy and may end up oscillating …
Persistent link: https://www.econbiz.de/10005661707
This paper investigates the effect of the devolution of power to the village level government on the household …
Persistent link: https://www.econbiz.de/10008483955
The paper first sets out simplified versions of recent mainstream papers which explain the rise of democracy in 19th …
Persistent link: https://www.econbiz.de/10005572172
:  Recently a number of articles have appeared in the mainstream that deal with the economy in terms of class and exploitation. This paper sets out two of them in a simplified maner and explains why they may be of interest to left wing Latin American economists.
Persistent link: https://www.econbiz.de/10005572175
unrest or revolution, and this may force the elite to democratize. Democracy may not consolidate because it is more … redistributive than a nondemocratic regime, and this gives the elite an incentive to mount a coup. Because inequality makes democracy … more costly to the elite, highly unequal cocieties are less likely to consolidate democracy and may end up oscillating …
Persistent link: https://www.econbiz.de/10005574256
During the nineteeth century, most Western societies extended the franchise, a decision which led to unprecedented redistributive programs. We argue that these political reforms can be viewed as strategic decisions by political elites to prevent widespread social unrest and revolution.
Persistent link: https://www.econbiz.de/10005574270
developing countries confirm the validity of Amartya Sen’s “democracy prevents famine” argument, while democracy is not a … indicators, computed by the World Bank, “control of corruption” and “government effectiveness” are negatively correlated with …
Persistent link: https://www.econbiz.de/10008642191
sources on both democracy and inequality. When we substitute more commonly-used and higher-quality data sources for democracy …
Persistent link: https://www.econbiz.de/10008642712
We study the joint determination of corruption and economic growth. Our model can generate multiple equilibria when complementarity between corruption and growth is sufficiently strong. Our estimates of the impact of corruption on growth take into account that corruption is endogenous and that...
Persistent link: https://www.econbiz.de/10005113755