This paper examines the relationship between output volatility and democracy, decade by decade after 1960. Using a range of approaches to identification, we find that democratic countries are less volatile.
Electing for stability: Democracy and output volatility, 1960-2019
Millemaci, Emanuele;Monteforte, Fabio
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2025-01-01
Abstract
This paper examines the relationship between output volatility and democracy, decade by decade after 1960. Using a range of approaches to identification, we find that democratic countries are less volatile.File in questo prodotto:
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