Electing for stability: Democracy and output volatility, 1960-2019

Emanuele Millemaci, Fabio Monteforte and Jonathan Temple

No m382s, SocArXiv from Center for Open Science

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 democracy lowers volatility.

Date: 2024-08-02
New Economics Papers: this item is included in nep-his
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Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:m382s

DOI: 10.31219/osf.io/m382s

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