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Democracy and the quality of economic institutions: theory and evidence
Authors:Krieger  Tommy
Affiliation:1.Department of Corporate Taxation and Public Finance, ZEW – Leibniz-Centre for European Economic Research, L7 1, 68161, Mannheim, Germany
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Abstract:Public Choice - We present a simple model, illustrating how democracy may improve the quality of the economic institutions. The model further suggests that institutional quality varies more across...
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