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Distrust and Political Turnover during Economic Crises

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NBER2018-01-01 更新2025-01-04 收录
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We use a six-decade long annual country-level panel dataset to document that recessions are more likely to cause political turnover in countries with lower levels of generalized trust. The effect is only present in democracies (not autocracies), for turnovers occurring through regular procedures

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2018-01-01
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