Is there any relation between education and democracy? Once we correct for weak instruments and identify education as “weakly exogenous” we find new evidence that education systematically predicts democracy. Our results are robust across model specification, instrumentation strategies, and samples.
Democracy; Education; Weak Instruments; Dynamic Panel;
- O16: Financial Markets • Saving and Capital Investment • Corporate Finance and Governance
- P16: Political Economy
Matteo Bobba, and Decio Coviello, “Weak instruments and weak identification, in estimating the effects of education, on democracy”, Economics Letters, vol. 96, 2007, pp. 301–306.
Economics Letters, vol. 96, 2007, pp. 301–306