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What determines citizens' satisfaction with the "constitution in operation"? We make two contributions towards an answer to this important policy question. First, we place stronger emphasis than existing studies on quantitative interpretations of the importance of different factors. We use...
Persistent link: https://www.econbiz.de/10013319995
This paper starts with the observation that almost all military dictatorships that democratize become presidential democracies. I hypothesize that military interests are able to coordinate on status-preserving institutional change prior to democratization and therefore prefer political...
Persistent link: https://www.econbiz.de/10011763058
This paper analyses how institutional factors affect satisfaction with democracy (SWD). It employs a panel of … with democracy …
Persistent link: https://www.econbiz.de/10014215112
This paper uses a new panel data set to perform a statistical analysis of political regimes and sovereign credit risk in Europe from 1750 to 1913. Old Regime polities typically suffered from fiscal fragmentation and absolutist rule. By the start of World War I, however, many such countries had...
Persistent link: https://www.econbiz.de/10014224049
tries to identify the effect of democracy on economic prosperity, little work has been done to understand the determinants … of economic growth under democracy. This paper examines whether the determinants of economic growth in Latin America are …
Persistent link: https://www.econbiz.de/10014050291
Which of the democratic checks and balances - opposition parties, the judiciary, a free press - is the most forceful? Peru has the full set of democratic institutions. In the 1990s, the secret-police chief Montesinos systematically undermined them all with bribes. We quantify the checks using...
Persistent link: https://www.econbiz.de/10014071652
from both democracy and military dictatorship. …
Persistent link: https://www.econbiz.de/10013490611
We investigate the effect of electoral rules and forms of government on public policy outcomes using a new dataset on agriculture and food policies from 74 countries over the 1960-2005 period. Using both cross-sectional and panel data analyses we find robust evidence that the specific nature of...
Persistent link: https://www.econbiz.de/10014169428
Focusing on three areas of the world (Asia, Latin America and New EU Members), which have recently experienced a democratic as well as economic transition, we explore the relation between political variables and tax revenue, public spending and their structure. We build a new dataset for the...
Persistent link: https://www.econbiz.de/10013109850
This study looks at firms' investment spending in fixed and intangible assets around three types of national elections: presidential, joint presidential, and legislative and parliamentary elections. Investments in fixed assets decline by up to 2% during presidential elections, and 4.44% in joint...
Persistent link: https://www.econbiz.de/10012868758