, as well as a number of economic factors, on economic growth among OECD nations. Empirical estimation finds that the …, monetary freedom, trade freedom, and property rights security. Economic growth is found to be negatively affected by perceived … indicate that higher unemployment rates and higher long term nominal interest rates inhibit economic growth, while net export …

can accelerate aggregate human capital accumulation, it widens income inequality because the very poor are excluded from …

effects of “direct democracy” on the voter participation rate. Direct democracy is assumed to take two forms: initiatives and …

This paper provides a rationale for intra-party democracy within a political agency model with moral hazard. The focus …-party democracy, the voters adopt less demanding reappointment rules and reelect the party's incumbents more often than under leaders …