The labor share of income varies markedly across the set of democracies. A model of the political process, situated in a simple macroeconomic environment is analyzed in which the cause of this variation is linked to di erences in the form of democracy - in particular the adoption of a presidential or parliamentary system. Presidential regimes are associated with lower taxation but lower wages. Robust evidence for the negative impact of a presidential system on the labor share is obtained using a Bayesian Model Averaging approach. Evidence is also provided that this is due to lower taxation
Under dictatorship, trade unions and strikes are illegal, and so wages are low and employment is ful...
Democracy and democratisation are associated with higher manufacturing wages. However, classifying a...
If human capital formation necessitates public factors and if the latter are financed by a flat-rate...
The labor share of income varies markedly across the set of democracies. A model of the political pr...
The labor share of income varies markedly across the set of democracies. A model of the political pr...
In the postwar era until recently, public-transfer shares of GDP have risen dramatically in every de...
This paper uses a dynamic political economy model to evaluate whether the observed rise in wage ineq...
Abstract: In the postwar era until recently, public-transfer shares of GDP have risen dramatically i...
Are certain forms of government associated with superior economic outcomes? This paper attempts to a...
The relationship between regime type and economic inequality has been extensively studied in both co...
Recent research shows that lower levels of income inequality cause higher levels of democracy, and v...
In this paper, motivated by contradictory evidence on the effect of income on democracy, we investig...
This study looks at how political regimes affect income inequality. Levels of inequality differ a lo...
Estimates of democracy's effect on the public sector are obtained from comparisons of 142 countries ...
This paper throws new light on the relationship between income and democracy. Using data for 162 cou...
Under dictatorship, trade unions and strikes are illegal, and so wages are low and employment is ful...
Democracy and democratisation are associated with higher manufacturing wages. However, classifying a...
If human capital formation necessitates public factors and if the latter are financed by a flat-rate...
The labor share of income varies markedly across the set of democracies. A model of the political pr...
The labor share of income varies markedly across the set of democracies. A model of the political pr...
In the postwar era until recently, public-transfer shares of GDP have risen dramatically in every de...
This paper uses a dynamic political economy model to evaluate whether the observed rise in wage ineq...
Abstract: In the postwar era until recently, public-transfer shares of GDP have risen dramatically i...
Are certain forms of government associated with superior economic outcomes? This paper attempts to a...
The relationship between regime type and economic inequality has been extensively studied in both co...
Recent research shows that lower levels of income inequality cause higher levels of democracy, and v...
In this paper, motivated by contradictory evidence on the effect of income on democracy, we investig...
This study looks at how political regimes affect income inequality. Levels of inequality differ a lo...
Estimates of democracy's effect on the public sector are obtained from comparisons of 142 countries ...
This paper throws new light on the relationship between income and democracy. Using data for 162 cou...
Under dictatorship, trade unions and strikes are illegal, and so wages are low and employment is ful...
Democracy and democratisation are associated with higher manufacturing wages. However, classifying a...
If human capital formation necessitates public factors and if the latter are financed by a flat-rate...