Humans are a coalitional, parochial species. Yet, extreme actions of solidarity are sometimes taken for distant or unrelated groups. What motivates people to become solidary with groups to which they do not belong originally? Here, we demonstrate that such distant solidarity can occur when the perceived treatment of an out-group clashes with one's political beliefs (e.g., for Leftists, oppressi...

The implementation of explicit quantitative in°ation targets elucidates the assessment of credibility of future monetary policy. Here the explicit in°ation target is time-varying and stochastic with asymmetric information. It is shown that central bank independence promotes lower in°ation but not at the cost of increased output variability. Marked political instability and instrument dependence...

This study intends to examine the effects of political unrest and government infrastructure spending on economic growth in Democratic Republic Congo between 1980 2020. is being done assess relationship public DRC as well impact that instability has relationship. According findings an econometric regression employed estimation techniques ranging from most basic reliable, such ordinary least squa...

This paper extends the model of Fielding (1999), which is designed to explain changes in investment in South Africa during the Apartheid period, by allowing a role for indicators of political instability and political and civil rights, as measured by Fedderke et al. (1999). The conclusions based on estimation of the original model are robust to the inclusion of the political factors, but these ...