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Does direct democracy reduce the size of government? : new evidence from historical data, 1890 - 2000
Funk, Patricia; Gathmann, Christina - 2009
democracy has a constraining, but modest effect on spending. Our estimates suggest that a mandatory budget referendum reduces …
Persistent link: https://www.econbiz.de/10003854446
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Does direct democracy reduce the size of government? : new evidence from historical data, 1890 - 2000
Funk, Patricia; Gathmann, Christina - 2008 - rev.
Persistent link: https://www.econbiz.de/10008663725
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Does Direct Democracy Reduce the Size of Government? New Evidence from Historical Data, 1890-2000
Funk, Patricia - 2009
democracy has a constraining, but modest effect on spending. Our estimates suggest that a mandatory budget referendum reduces …
Persistent link: https://www.econbiz.de/10013158324
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The indirect effects of direct democracy : local government size and non-budgetary voter initiatives
Asatryan, Zareh - 2014
Recently a wide and empirically-backed consensus has emerged arguing that direct democratic control over government's spending decisions through initiatives and referenda constrains government size. But what happens if budgetary matters are excluded from the voters' right of the initiative? I...
Persistent link: https://www.econbiz.de/10010229890
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Disciplining ballots? : (un-intended) effects of voter engagement on the fiscal sustainability of Swiss cantons
Bury, Yannick; Feld, Lars P.; Köhler, Ekkehard A. - 2023
We test whether the proactive use of instruments of direct democracy by voters can help to explain fiscal sustainability of 25 Swiss cantons. Using data of all cantonal popular votes since 1977, our results show that the fiscal reaction of cantonal governments to an increase in the debt to GDP...
Persistent link: https://www.econbiz.de/10014427600
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Growth Effects of Public Expenditure on the State and Local Level : Evidence from a Sample of Rich Governments
Schaltegger, Christoph A.; Torgler, Benno - 2005
There is a vast empirical literature investigating the relationship between government size and economic growth. But the empirical evidence of growth effects of public expenditure using cross-country regressions is still inconclusive. According to a number of authors this is not surprising since...
Persistent link: https://www.econbiz.de/10014067044
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Does female suffrage increase public support for government spending? : evidence from Swiss ballots
Hofer, Katharina E. - 2013
In this paper, I analyze the voting outcomes of two very similar Swiss referendum ballots concerning the federal …
Persistent link: https://www.econbiz.de/10010204664
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Does female suffrage increase public support for government spending? : evidence from Swiss ballots ; conference paper
Hofer, Katharina E. - 2013 - Work in progress
experiment from Switzerland, I test this hypothesis empirically. I analyze the voting outcomes of two very similar referendum …
Persistent link: https://www.econbiz.de/10010339969
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The generation gap in direct democracy
Ahlfeldt, Gabriel M.; Maennig, Wolfgang; Mueller, Steffen Q. - 2018
Persistent link: https://www.econbiz.de/10011883816
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The effects of direct democracy on stock market risk and returns : an event study from Switzerland
Morley, Bruce - In: Risks : open access journal 11 (2023) 2, pp. 1-13
both the market's return and volatility. The results suggest that the day after the referendum, there was little evidence … of a positive effect on stock returns. However, using a longer window of three days before and after the referendum …, there was evidence of a positive effect from the referendum on the market's returns and a negative effect on its volatility …
Persistent link: https://www.econbiz.de/10014233147