institutions. In this paper, I will sketch a theory of real-existing socialist economies from a property rights/public choice …

We study the empirical relationship between democracy and growth using grid-based panel regression and regime … democracy -- best-modelled as a stock variable -- does cause growth, especially beyond the immediate short-run, by enabling the …

According to the neoclassical economic theory, common goods would be underproduced by the market in the absence of a …

higher during election years, and reduce lending patterns thereafter. The study shows that countries that enforce monetary … regulatory independence of the central bank dampens the positive effect of elections on bank lending around election years while … they amplify the reductive effects on bank lending after election periods. There is a wake-up call for countries with weak …

networks expanded in a less interior-to-coast way in periods of democracy. This result suggests that Africa’s interior …