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Demographic Transition and Political Stability: Does Corruption Matter?

Farzanegan, Mohammad Reza; Witthuhn, Stefan - CESifo - 2014

hypothesize that corruption matters in this nexus. Using panel data covering the period of 2002–2012 for more than 150 countries … total working age population (15-64 years old) and corruption on political stability. This finding is robust, controlling … between corruption and the youth population remains robust when we control for the persistency of political stability and the …

Persistent link: https://www.econbiz.de/10011103400

Corruption and Political Stability : Does the Youth Bulge Matter?

Farzanegan, Mohammad Reza - 2016

This study shows that the relative size of the youth bulge matters for how corruption affects the internal stability of … a political system. We argue that corruption cannot buy political stability (e.g., the greasing hypothesis) in countries … find a negative interaction effect between the relative size of the youth population and corruption on internal political …

Persistent link: https://www.econbiz.de/10012989563

Demographic Transition and Political Stability : Does Corruption Matter?

Farzanegan, Mohammad Reza - 2015

hypothesize that corruption matters in this nexus. Using panel data covering the period of 2002-2012 for more than 150 countries … total working age population (15-64 years old) and corruption on political stability. This finding is robust, controlling … between corruption and the youth population remains robust when we control for the persistency of political stability and the …

Persistent link: https://www.econbiz.de/10013030326

Taxation, Corruption and the Exchange Rate Regime

Hefeker, Carsten - 2021

The paper analyzes the relation between institutional quality, such as corruption, in a country and its monetary regime …. It is shown that a credibly fixed exchange rate to a low inflation country, like a currency board, can reduce corruption … countries with regard to the level of corruption …

Persistent link: https://www.econbiz.de/10013316396

Political Stability and Fiscal Policy - Time Series Evidence for the Swiss Federal Level since 1849

Feld, Lars P.; Schaltegger, Christoph A. - CESifo - 2009

This paper explores the role of political stability on fiscal policy choices in a time-series ana-lysis over 158 years on the Swiss federal level. We argue that the fiscal-commons problem of public finances is affected by the time-horizon of a finance minister. Arguably, the incentives for an...

Persistent link: https://www.econbiz.de/10005034630

The Economics of Politically Connected Firms

Choi, Jay Pil; Thum, Marcel - CESifo - 2007

Political connections between firms and autocratic regimes are not secret and often even publicly displayed in many developing economies. We argue that tying a firm’s available rent to a regime’s survival acts as a credible commitment forcing entrepreneurs to support the government and to...

Persistent link: https://www.econbiz.de/10005094287

Resource Rents, Power, and Political Stability

Bjorvatn, Kjetil; Farzanegan, Mohammad Reza - CESifo - 2014

We study the association between resource rents and political stability, highlighting the importance of the distribution of political power as a mediating factor. We present a simple theoretical model showing that increased rents are likely to be positively associated with the stability of a...

Persistent link: https://www.econbiz.de/10010756166

Monetary Policy, Inequality and Political Instability

Duarte, Pablo - 2018

Based on the concepts of justice by Hayek, Rawls and Buchanan we argue that the growing political dissatisfaction in industrialized countries is rooted in the asymmetric pattern in monetary policies since the 1980s for two reasons. First, the structurally declining interest rates and the...

Persistent link: https://www.econbiz.de/10012930616

Policy Uncertainty and Manufacturing Investment : Evidence from U.S. State Elections

Shelton, Cameron A. - 2016

We estimate the effect of electorally induced policy uncertainty on investment in the manufacturing sector. Because state governors exercise considerable influence over legislation and considerable discretion over regulation and permitting, and because the policies relevant to business...

Persistent link: https://www.econbiz.de/10012993110

Central Bank Balance Sheets : Expansion and Reduction Since 1900

Ferguson, Niall - 2015

In this paper we study the evolution of central banks' balance sheets in 12 advanced economies since 1900. We find that balance sheet size in most developed countries has fluctuated within rather clearly defined bands relative to output. Historically, clusters of big expansions and contractions...

Persistent link: https://www.econbiz.de/10013021414

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