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Democracy is defined by two core tenets: voice and pluralism. Within these constraints, a wide variety of regime types … can be designed. We show that the only new, untested form of democracy is when every citizen is governed by the political … one sovereign only over the people who chose to vote for it - hence the name: Choice Democracy. Choice Democracy can be …
Persistent link: https://www.econbiz.de/10010316842
individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that … personal joblessness experience translates into negative opinions about the effectiveness of democracy, and it increases the … year is the main source of the impact. Joblessness-related negative attitude towards the effectiveness of democracy is not …
Persistent link: https://www.econbiz.de/10010275894
. We find that emigration and human capital both increase democracy and economic freedom. This implies that unskilled …
Persistent link: https://www.econbiz.de/10010336024
This paper examines the causal link between education and democracy. Motivated by a model whereby educated individuals … are in a better position to assess the effects of public policies and hence favor democracy where their opinions matter … results hold across countries with different levels of democracy, thus rejecting the hypothesis that indoctrination through …
Persistent link: https://www.econbiz.de/10010278288
This paper provides empirical evidence for the importance of institutions in determining the outcome of crises on long-term growth. Once unobserved country-specific effects and other sources of endogeneity are accounted for, political institutions affect growth through their interaction with...
Persistent link: https://www.econbiz.de/10010278293
non-hostile country. The result is a non-monotonic relationship between democracy and peace. Using the Polity IV dataset …
Persistent link: https://www.econbiz.de/10010282868
participation rate has declined by 1.2 percentage points: A pandemic-induced shortage of workers has restrained job creation and, as … upward pressures on participation would have continued in 2020 and beyond if the pandemic would not have occurred. Second … participation rate since the start of the pandemic reflects a continuation of its long-run downward trend that was already part of …
Persistent link: https://www.econbiz.de/10014301987
This paper examines the investment strategies of regulated companies in abatement technologies,market participants' trading behaviors, and the liquidity level in an inter-temporalcap{and{trade market using laboratory experiments. The experimental analysis is performedunder varying market...
Persistent link: https://www.econbiz.de/10009305252
relate the results to the relevant level of female labor force participation. …
Persistent link: https://www.econbiz.de/10010317937
force participation is high and the unemployment rate is low (also for young workers). Among the unemployed there are …, however, relatively many long-term unemployed workers. Labor force participation of older workers is in-creasing but still low …
Persistent link: https://www.econbiz.de/10010273960