Purpose – The purpose of this paper is to decompose the effects of democracy and risk of expropriation on economic volatility. Design/methodology/approach – The authors follow Acemouglu et al. and use settler mortality in former colonies in the seventeenth, eighteenth and nineteenth...

Purpose – The purpose of this paper is to decompose the effects of democracy and risk of expropriation on economic volatility. Design/methodology/approach – The authors follow Acemouglu et al. and use settler mortality in former colonies in the seventeenth, eighteenth and nineteenth...

Purpose – The purpose of this paper is to analyse the role of transfers as a means to overcome inefficiencies in the provision of impure public goods. The paper employs the example of international conditional transfers targeted to overcome suboptimal low climate protection efforts by...

Purpose – The purpose of this paper is to analyse the role of transfers as a means to overcome inefficiencies in the provision of impure public goods. The paper employs the example of international conditional transfers targeted to overcome suboptimal low climate protection efforts by...