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. While the evidence for economic voting has historically been weak for Australia, the 2004 election suggests an increasingly …We review the efficacy of three approaches to forecasting elections: econometric models that project outcomes on the … basis of the state of the economy; public opinion polls; and election betting (prediction markets). We assess the efficacy …
Persistent link: https://www.econbiz.de/10005498073
copious corruption not only decreases incumbent support in local elections in Mexico, but also decreases voter turnout …
Persistent link: https://www.econbiz.de/10011084114
Endorsements are a simple language for communication between well-informed interest-group leaders and less-informed interest-group members. The members, who share some policy concerns, may not fully understand where their interests lie on certain issues. If their leaders cannot fully explain the...
Persistent link: https://www.econbiz.de/10005662385
Much of the analysis of campaign contributions, in accordance with the Downsian model, has supposed that candidates seek contributions for electoral purposes. This paper takes the opposite approach, by assuming that each candidate aims to maximize the contributions he collects. We let a citizen...
Persistent link: https://www.econbiz.de/10005788909
emerges with nontrivial voting costs and modest altruism. The model can explain higher turnout in close elections as well as … candidates will lose votes to more popular candidates, a phenomenon often called strategic voting. For other parameters, the …
Persistent link: https://www.econbiz.de/10005791465
We ask whether cuts of government consumption lower or raise the sovereign default premium. To address this question, we set up a new data set for 38 emerging and advanced economies which contains quarterly time-series observations for sovereign default premia, government consumption, and...
Persistent link: https://www.econbiz.de/10011168905
year preceding their re-election date. Moreover, disputes filed by the U.S. tend to target industries that are important to … swing states in the presidential election. To explain these regularities, we develop a theoretical model in which an … during the re-election campaign provides an advantage over the challenger, who cannot commit to file the dispute if elected …
Persistent link: https://www.econbiz.de/10011276379
The election mechanism has difficulties in selecting the most able candidates and deselecting less able ones. In a … simple model we show that the power of elections as a selection and incentive device can be improved by requiring higher vote …
Persistent link: https://www.econbiz.de/10005025512
voters. To do so, it proposes a model of elections where political ability is ex-ante unknown and investment in reforms is … unobservable. On the one hand, elections improve accountability and allow to keep well-performing incumbents. On the other …
Persistent link: https://www.econbiz.de/10009644031
Political economists interested in discerning the effects of election outcomes on the economy have been hampered by the … problem that economic outcomes also influence elections. We sidestep these problems by analyzing movements in economic … indicators caused by clearly exogenous changes in expectations about the likely winner during election day. Analyzing high …
Persistent link: https://www.econbiz.de/10005124061