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Corruption and political stability : does the youth bulge matter?
Farzanegan, Mohammad Reza; Witthuhn, Stefan - 2016 - This version: 05.05.2016
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/10011474632
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Demographic transition and political stability : does corruption matter?
Farzanegan, Mohammad Reza; Witthuhn, Stefan - 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/10010464999
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Taxation, corruption and the exchange rate regime
Hefeker, Carsten - 2009
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. -- Exchange rate regime ; monetary policy ; fiscal policy ; seigniorage …
Persistent link: https://www.econbiz.de/10003808666
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Political stability and economic prosperity : are coups bad for growth?
Blum, Johannes; Gründler, Klaus - 2020
We provide evidence that political instability deteriorates economic growth. We establish this result based on panel difference-in-differences strategies and dynamic panel data models using a large sample of 180 countries, a novel geocoded dataset for 2,660 regions, and micro data for about...
Persistent link: https://www.econbiz.de/10012219694
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Resource rents, power, and political stability
Bjorvatn, Kjetil; Farzanegan, Mohammad Reza - 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/10010337556
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Covid-19 fatalities and internal conflict : does government economic support matter?
Farzanegan, Mohammad Reza; Fereidouni, Hassan Gholipour - 2021
In this study, we look at the association between COVID-19 fatality rate and internal conflict, highlighting the importance of government economic support under the pandemic as a moderating factor. Our main hypothesis implies that increased COVID-19 fatality rates are likely to be positively...
Persistent link: https://www.econbiz.de/10012643553
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Political uncertainty, public expenditure and growth
Darby, Julia; Li, Chol-won; Muscatelli, V. Anton - 2000
We focus on the link between political instability due to uncertain electoral outcomes and economic growth, through the impact on a government's decisions on how to allocate government expenditure between public consumption and investment. Using an endogenous growth model with partisan electoral...
Persistent link: https://www.econbiz.de/10009781587
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Policy uncertainty and manufacturing investment : evidence from U.S. State elections
Shelton, Cameron A.; Falk, Nathan - 2016 - This draft: March 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/10011451061
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Pampered bureaucracy, political stability, and trade integration
Stroup, Caleb; Zissimos, Benjamin - 2017
This paper examines the effect of trade integration and comparative advantage on one of a country's institutions, which in turn inuences its economic efficiency. The environment we explore is one in which a country's lower classes may revolt and appropriate wealth owned by a ruling elite. The...
Persistent link: https://www.econbiz.de/10011615513
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Central bank balance sheets : expansion and reduction since 1900
Ferguson, Niall; Schaab, Andreas; Schularick, Moritz - 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/10010528949