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

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  • Millemaci, Emanuele
  • Monteforte, Fabio
  • Temple, Jonathan R. W.

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.

Suggested Citation

  • Millemaci, Emanuele & Monteforte, Fabio & Temple, Jonathan R. W., 2024. "Electing for stability: Democracy and output volatility, 1960-2019," SocArXiv m382s, Center for Open Science.
    • Handle: RePEc:osf:socarx:m382s
    DOI: 10.31219/osf.io/m382s
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