90 countries over 200 years provide data for a study on democratization's impact on asset valuations. The research uses stock market data to examine the relationship between democratization events, redistribution risk, and economic outcomes. The dataset supports a model published in the Journal of Political Economy.
Use Cases
- Modeling the impact of democratization events on asset prices based on the described risk premium analysis.
- Analyzing the relationship between political regime change and public sector size, as mentioned in the description.
- Studying the causal link between institutional shifts and income inequality using the provided historical data.
- Testing redistribution-based theories of democratization against long-term financial market data.
Strengths
- Covers a long temporal span of 200 years.
- Includes data from 90 countries, suggesting broad geographic coverage.
- Links democratization events to concrete economic outcomes like public sector growth and labor share.
Limitations
- Column-level documentation is absent; field semantics must be inferred after download.
- Row count is unknown, which may limit suitability assessment.
- Data may reflect geographic or temporal bias inherent to the source platforms.
Provenance
- Source
- Journal of Political Economy via Dataverse.
- Collection Method
- Likely compiled from historical stock market indices and political event data.
- Time Range
- Covers approximately 200 years.
- Freshness
- Last updated 2026-05-14 16:00:26; freshness should be verified.
- Geography
- Covers 90 countries.