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Financial liberalization and democracy: The role of reform reversals
Campos, Nauro F; Coricelli, Fabrizio - C.E.P.R. Discussion Papers - 2009
The relationship between economic and political liberalization has received a great deal of attention lately, yet the possibility of a non-linear relationship and the role of reversals remain largely neglected. Focusing on democratization and financial reform, this paper offers evidence for a...
Persistent link: https://www.econbiz.de/10004964420
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Unemployment and Right-Wing Extremist Crime
Falk, Armin; Zweimüller, Josef - C.E.P.R. Discussion Papers - 2005
Right-wing extremism is a serious problem in many societies. A prominent hypothesis states that unemployment plays a … significant positive relation between unemployment and right-wing criminal activities. We show further that the big difference in … right-wing crime between East and West German states can mostly be attributed to differences in unemployment. This finding …
Persistent link: https://www.econbiz.de/10005281394
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Unemployment and Right-wing Extremist Crime
Falk, Armin; Kuhn, Andreas; Zweimüller, Josef - C.E.P.R. Discussion Papers - 2009
It is frequently argued that unemployment plays a crucial role for the occurrence of right-wing extremist crimes. We … unemployment is high. The big difference in right-wing crime between East and West German states can mostly be attributed to … differences in unemployment. This finding reinforces the importance of unemployment as an explanatory factor for right-wing crime …
Persistent link: https://www.econbiz.de/10008528521
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Belief in a Just World and Redistributive Politics
Bénabou, Roland; Tirole, Jean - C.E.P.R. Discussion Papers - 2005
International surveys reveal wide differences between the views held in different countries concerning the causes of wealth or poverty and the extent to which people are responsible for their own fate. At the same time, social ethnographies and experiments by psychologists demonstrate...
Persistent link: https://www.econbiz.de/10005504312
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Businessman Candidates: Special-Interest Politics in Weakly Institutionalized Environments
Gehlbach, Scott; Sonin, Konstantin - C.E.P.R. Discussion Papers - 2004
We initiate examination of the political boundaries of the firm by exploring the phenomenon of ‘businessman candidates’: business owners and managers who bypass conventional means of political influence to run for public office themselves. We argue that in-house production of political...
Persistent link: https://www.econbiz.de/10005136612
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Lobbying, Corruption and Other Banes
Campos, Nauro F; Giovannoni, Francesco - C.E.P.R. Discussion Papers - 2008
Although the theoretical literature often uses lobbying and corruption synonymously, the empirical literature associates lobbying with the preferred mean for exerting influence in developed countries and corruption with the preferred one in developing countries. This paper challenges these...
Persistent link: https://www.econbiz.de/10005136644
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Investment in the Absence of Property Rights: The Role of Incumbency Advantages
Konrad, Kai A. - C.E.P.R. Discussion Papers - 2001
In many situations the individuals who can generate some output must enter a contest for appropriating this output. This Paper analyses the investment incentives of such agents and the role of incumbency advantages in the contest. Depending on the advantages, an increase in the productivity of...
Persistent link: https://www.econbiz.de/10005656133
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The Survival of the Welfare State
Hassler, John; Mora, José V Rodríguez; Storesletten, … - C.E.P.R. Discussion Papers - 2001
This Paper provides an analytical characterization of Markov perfect equilibria in a model with repeated majority voting, where agents vote over income redistribution. The key feature of the theory is that the future constituency of redistributive policies depends positively on the current level...
Persistent link: https://www.econbiz.de/10005656349
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Foreign Influence and Welfare
Antràs, Pol; Padró i Miquel, Gerard - C.E.P.R. Discussion Papers - 2008
How do foreign interests influence the policy determination process? What are the welfare implications of such foreign influence? In this paper we develop a model of foreign influence and apply it to the study of optimal tariffs. We develop a two-country voting model of electoral competition,...
Persistent link: https://www.econbiz.de/10005661468
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A Theory of Political Transitions
Acemoglu, Daron; Robinson, James A - C.E.P.R. Discussion Papers - 1999
We develop a theory of political transitions inspired in part by the experiences of Western Europe and Latin America. Nondemocratic societies are controlled by a rich elite. The initially disenfranchised poor can contest power by threatening social unrest or revolution, and this may force the...
Persistent link: https://www.econbiz.de/10005661707