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In this paper we look at the impact of broad policy reforms on the levels of corruption. We use a structural break approach to identify country specific time periods in which significant shifts in corruption levels take place. We then correlate these times of change with a set of co-variates...
Persistent link: https://www.econbiz.de/10014224810
One of the enduring puzzles in transition economies is why incumbent politicians postpone reforms aimed at hardening budget constraints towards unproductive firms. We submit that voters prefer politicians capable of implementing reforms that promote job creation rather than policies that simply...
Persistent link: https://www.econbiz.de/10014071964
This paper presents a model of the influence of politicians on the voting outcome in a referendum on regional independence. Regional politicians influence the electorates vote by disseminating information about the economic consequences of separation. More independent minded politicians...
Persistent link: https://www.econbiz.de/10014115831
Do democracies suffer higher inflation than non-democracies? We identify two competing hypotheses regarding the impact of democracy on inflation. In the "populist" approach, inflation is the result of public demands for transfers financed by the inflation tax, suggesting that electoral...
Persistent link: https://www.econbiz.de/10014115843
To avoid strikes and curb labour militancy, some governments have introduced legislation stating that union leadership as well as wage offers should be decided through union-wide ballots. This paper shows that members still have incentives to appoint militant union leaders, if these leaders have...
Persistent link: https://www.econbiz.de/10014029334
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There has been relatively little investigation of the relationship between constitutional transformations and the economic transition in post-communist countries. We develop a simple signaling model in which constitutionalism - a commitment to limit political power and provide judicial defense...
Persistent link: https://www.econbiz.de/10014065362
We estimate the community-level impact of foreign aid projects on women's empowerment in the country with the most complete recent record of geo-coded aid project placement, Malawi. Our estimates can thus be interpreted as the average impact of aid from many different donors and diverse...
Persistent link: https://www.econbiz.de/10014425845