Extant literature concurs that fiscal transfers affect local democracy when they grant subnational governments nontax revenue. Yet there is nonetheless a mismatch between this concept and existing measures, which consider ...

The process of candidate selection is one of the most important issues of the political parties' internal democracy. We propose an Internal Democracy Index (IDI) building on three basic dimensions: competitiveness, ...

Purpose: The purpose of this paper is to decompose the effects of democracy and risk of expropriation on economic volatility. Design/methodology/approach: The authors follow Acemouglu et al. and use settler mortality in ...