JEL No. D72,H30,P16 When democracy is new, it is often fragile and not fully consolidated. We investigate how the danger of a collapse of democracy may affect fiscal policy in new democracies in comparison to countries where democracy is older and often more established. We argue that the attitude of the citizenry towards democracy is important in preventing democratic collapse, and expenditures may therefore be used to convince them that "democracy works". We present a model focusing on the inference problem that citizens solve in forming their beliefs about the efficacy of democracy. Our approach differs from much of the literature that concentrates on policy directed towards anti-democratic elites, but our model can encompass t...
Political disengagement is one of the defining challenges of our time, with multiple theories as to ...
Political economy research shows that more democratic governments generally have more open trade pol...
This paper studies the extent to which economic crises bust different reactions depending on individ...
Recent research finds that political budget cycles are predominantly a phenomenon of new democracies...
How does democracy relate to the initial economic policy responses to Covid-19? Using a cross-countr...
Estimates of democracy's effect on the public sector are obtained from comparisons of 142 countries ...
This article develops and evaluates a set of expectations regarding the mechanisms via which democra...
Abstract. Observation shows that while democracy is fragile in poor countries, it is impregnable in ...
As it constitutes a main feature of contemporary democracy, government responsiveness has provided t...
Worldwide, support for democracy’s principles has risen in the past half century. Yet democratic cit...
In this paper, we argue that democracies positively affect government expenditure. We hypothesize th...
The current literature is silent on whether democracies are more fragile or less susceptible to econ...
It is likely that ten years of economic crisis have eroded the support of democracy in Europe. But h...
Research on political support around the world has demonstrated massive support for democracy as the...
This paper studies the extent to which economic crises bust different reactions depending on individ...
Political disengagement is one of the defining challenges of our time, with multiple theories as to ...
Political economy research shows that more democratic governments generally have more open trade pol...
This paper studies the extent to which economic crises bust different reactions depending on individ...
Recent research finds that political budget cycles are predominantly a phenomenon of new democracies...
How does democracy relate to the initial economic policy responses to Covid-19? Using a cross-countr...
Estimates of democracy's effect on the public sector are obtained from comparisons of 142 countries ...
This article develops and evaluates a set of expectations regarding the mechanisms via which democra...
Abstract. Observation shows that while democracy is fragile in poor countries, it is impregnable in ...
As it constitutes a main feature of contemporary democracy, government responsiveness has provided t...
Worldwide, support for democracy’s principles has risen in the past half century. Yet democratic cit...
In this paper, we argue that democracies positively affect government expenditure. We hypothesize th...
The current literature is silent on whether democracies are more fragile or less susceptible to econ...
It is likely that ten years of economic crisis have eroded the support of democracy in Europe. But h...
Research on political support around the world has demonstrated massive support for democracy as the...
This paper studies the extent to which economic crises bust different reactions depending on individ...
Political disengagement is one of the defining challenges of our time, with multiple theories as to ...
Political economy research shows that more democratic governments generally have more open trade pol...
This paper studies the extent to which economic crises bust different reactions depending on individ...