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Democracy Doesn't Always Happen Over Night: Regime Change in Stages and Economic Growth (2024)
Journal Article
Boese-Schlosser, V., & Eberhardt, M. (in press). Democracy Doesn't Always Happen Over Night: Regime Change in Stages and Economic Growth. Review of Economics and Statistics,

How substantial are the economic benefits from democratic regime change? We argue that democratisation is often not a discrete event but a two-stage process: autocracies enter into 'episodes' of political liberalisation which eventually culminate in... Read More about Democracy Doesn't Always Happen Over Night: Regime Change in Stages and Economic Growth.

Climate change and economic prosperity: Evidence from a flexible damage function (2024)
Journal Article
Desbordes, R., & Eberhardt, M. (2024). Climate change and economic prosperity: Evidence from a flexible damage function. Journal of Environmental Economics and Management, 125, Article 102974. https://doi.org/10.1016/j.jeem.2024.102974

The damage function used to assess the economic impact of secular changes in temperature is one of the most speculative components of integrated assessment models of climate change. Existing work informing this debate is based on pooled empirical mod... Read More about Climate change and economic prosperity: Evidence from a flexible damage function.