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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...
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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...
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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...
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