As atuais ameaças à democracia não são apenas políticas: estão profundamente
enraizadas nas condições econômicas, sociais e culturais de hoje. Maior referência no …

In this paper we revisit the relationship between democracy, redistribution, and inequality.
We first explain the theoretical reasons why democracy is expected to increase redistribution …

We propose a novel explanation for the most prevalent form of democratic breakdown after
the end of the Cold War: the subversion of democracy by incumbents. In the classics of …

When voters fear that politicians may be influenced or corrupted by the rich elite, signals of
integrity are valuable. As a consequence, an honest politician seeking reelection chooses …

We review recent contributions to the modeling of democratic backsliding. We organize
these theories according to (a) the source of constraints on the executive (vertical or …

Winners and losers of elections have different stakes in protecting democratic institutions.
We provide new evidence for the effects of partisanship and economic performance on …

This paper builds a model of the two-way interaction between democratic values and
institutions to bridge sociological research, focusing on values, with economics research …

We study the economic effects of durable left-populist leaders in Latin America. Using
synthetic control to create a credible counterfactual for four such regimes, we find that they …

Using institutional economic theory as our guiding framework, we develop a model to
describe how populist discourse by a nation's political leader influences entrepreneurship …

Institutions that aim to constrain policy discretion in order to promote sound fiscal policies
are once again at the forefront of the policy debate. Interest in fiscal councils–independent …