Thorsten Janus

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We propose and test a formal model of war and domestic politics, consistent with recent evidence on the relationship between regime type, the outcome of war and the probability and consequences of losing office. Our model builds on two fundamental and hitherto neglected differences between regime types: the cost of replacing leaders and the post-tenure fate(More)
  • Garima Vasishtha, Joshua Aizenman, +9 authors Lawrence Schembri
  • 2007
Bank of Canada working papers are theoretical or empirical works-in-progress on subjects in economics and finance. The views expressed in this paper are those of the authors. No responsibility for them should be attributed to the Bank of Canada. ii Acknowledgements I am indebted to Kenneth Kletzer for his invaluable support and guidance during the course of(More)
Most studies of international financial openness and crises link economic performance to either the net inflow of capital or the gross inflow (outflow) defined as the change in foreign (domestic) holdings of domestic (foreign) assets over a period. In this paper we decompose the net inflow into four rather than two components. We show that the four-way(More)
This paper suggests a way to achieve democratic reforms at no cost despite resistance from incumbent power holders. The key idea is to reward a takeover by a challenger tomorrow if the incumbent does not democratize today. I also discuss democracy and contemporary Afghanistan and Iraq in relation to the model. Finally, I briefly discuss how the plan could(More)
This paper links the share of the population supporting the government to the risk of civil war. We study the question both theoretically and empirically. The theoretical model shows that having a smaller group of individuals control the government has an ambiguous effect on conflict risk: although a smaller group is less able to resist rebellion, its high(More)
Democracy, inequality and the environment when citizens can mitigate privately or act collectively We study the political economy of the environment in autocratic, weak and strong democracies when individuals can either mitigate the health consequences of domestic pollution privately or reduce pollution collectively through public policy. The setting is(More)
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