Showing 1 - 10 of 17
We construct a model in which the ambiguity of candidates allows them to increase the number of voters to whom they appeal when voters have intense preferences for one of the alternatives available. An ambiguous candidate may offer voters with different preferences the hope that their most...
Persistent link: https://www.econbiz.de/10005827513
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/10008756408
Why do public-sector workers receive so much of their compensation in the form of pensions and other benefits? This paper presents a political economy model in which politicians compete for taxpayers' and government employees' votes by promising compensation packages, but some voters cannot...
Persistent link: https://www.econbiz.de/10010849602
The classic theory of fiscal federalism suggests that different people should have different governments. Yet, separate local governments with homogeneous constituents often end up doing poorly. This paper explains why and answers three questions: when regions are heterogeneous, what determines...
Persistent link: https://www.econbiz.de/10010849630
We present a tractable stochastic endogenous growth model that explains how social capital influences economic development. In our model, social capital increases citizens' awareness of government activity. Hence, it alleviates the electoral incentives to under- invest in education, whose...
Persistent link: https://www.econbiz.de/10009652113
government and a challenger party in opposition compete in elections by choosing the issues that will key out their campaigns … presidential election in 2004. …
Persistent link: https://www.econbiz.de/10005771982
attacks is its impact on the results of democratic elections. We use the electoral consequences of the terrorist attacks of … days before the 2004 Congressional Election, which allows the use of credible identification criteria. In particular, we … use the advance voting by Spanish residents abroad, who cast their vote before the terrorist attack, to identify the …
Persistent link: https://www.econbiz.de/10005772181
these notions to date, encompassing 219 elections in 87 countries since the 19th century, are presented. The analysis gives …
Persistent link: https://www.econbiz.de/10005772478
This paper analyzes a two-alternative voting model with the distinctive feature that voters have preferences over … margins of victory. We study voting contests with a finite as well as an infinite number of voters, and with and without … mandatory voting. The main result of the paper is the existence and characterization of a unique equilibrium outcome in all …
Persistent link: https://www.econbiz.de/10005572575
This paper presents a tractable dynamic general equilibrium model that can explain cross-country empirical regularities in geographical mobility, unemployment and labor market institutions. Rational agents vote over unemployment insurance (UI), taking the dynamic distortionary effects of...
Persistent link: https://www.econbiz.de/10005827462