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Voters Prefer More Qualified Mayors, but Does It Matter for Public Finances?: Evidence for Germany

Freier, Ronny; Thomasius, Sebastian - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012

This paper studies the importance of politician's qualification, in terms of education and experience, for fiscal outcomes. The analysis is based on a large panel for 2,031 German municipalities for which we have collected information on municipal budgets as well as the election results and...

Persistent link: https://www.econbiz.de/10010599177

Contribution to Productivity or Pork Barrel?: The Two Faces of Infrastructure Investment

Cadot, Olivier; Röller, Lars-Hendrik; Stephan, Andreas - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2004

This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so, we eliminate a potential source of bias in...

Persistent link: https://www.econbiz.de/10005068765

The Determinants of Anti-trafficking Policies: Evidence from a New Index

Cho, Seo-Young; Dreher, Axel; Neumayer, Eric - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012

-2010 period. We assess a country's level of compliance in the three main dimensions of anti-trafficking policies - prosecution …, protection and prevention. The results show that compliance with prosecution policy is highest, while governmental efforts to …. We employ the new indices to investigate what determines anti-trafficking policies. We find that compliance with anti …

Persistent link: https://www.econbiz.de/10010556267

Monetary Commitment and Structural Reforms: A Dynamic Panel Analysis for Transition Economies

Belke, Ansgar; Vogel, Lukas - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012

This paper examines the contemporaneous relationship between the exchange rate regime and structural economic reforms for a sample of CEEC/CIS transition countries. We investigate empirically whether structural reforms are complements or substitutes for monetary commitment in the attempt to...

Persistent link: https://www.econbiz.de/10010556651

The Euro Area Crisis Management Framework: Consequences and Institutional Follow-Ups

Belke, Ansgar - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

The current instruments in the EU to deal with debt and liquidity crises include among others the European Financial Stability Facility (EFSF) and the European Financial Stabilisation Mechanism (EFSM). Both are temporary in nature (3 years). In terms of an efficient future crisis management...

Persistent link: https://www.econbiz.de/10008693465

The Shadow Economy in International Comparison: Options for Economic Policy Derived from an OECD Panel Analysis

Thießen, Ulrich - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

incentives to work, save, and invest in the official economy, including the behavior of the government, could be more successful … than a strategy built on more government control, increased punishment and less freedom. The latter strategy would …

Persistent link: https://www.econbiz.de/10008568552

Reinforcing EU Governance in Times of Crisis: The Commission Proposals and Beyond

Belke, Ansgar - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

The recent extensive package introduced by the Commission is the "most comprehensive reinforcement of economic governance in the EU and the euro area since the launch of the Economic and Monetary Union. Broader and enhanced surveillance of fiscal policies, but also macroeconomic policies and...

Persistent link: https://www.econbiz.de/10008756093

The European Debt Crisis and Fiscal Reaction Functions in Europe 2000-2012

Baldi, Guido; Staehr, Karsten - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2013

After the global financial crisis, some governments in the EU experienced serious debt financing problems, while others were less affected. This paper seeks to shed light on the divergent fiscal performance by assessing the fiscal conduct in the EU countries before and after the outbreak of the...

Persistent link: https://www.econbiz.de/10010896193

Finding Your Right (or Left) Partner to Merge

Bruns, Benjamin; Freier, Ronny; Schumann, Abel - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2015

We study political determinants of municipality amalgamations during a boundary reform in the German state of Brandenburg, which reduced the number of municipalities from 1,489 to 421. The analysis is conducted using data on the political decision makers as well as fiscal and socio-economic...

Persistent link: https://www.econbiz.de/10011245937

Incumbency, Party Identity and Governmental Lead: Evidence for Heterogeneous Incumbency Effects for Germany

Ade, Florian; Freier, Ronny; Odendahl, Christian - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011

government and opposition? We first present a theoretical discussion on the possible heterogeneity of incumbency effects in a … in government. This effect is robust and shows even in state elections that are unrelated to federal elections - calling …

Persistent link: https://www.econbiz.de/10009399834