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Traditional models of politician behavior predict complete or partial policy convergence, whereby electoral competition compels partisan politicians to choose positions more moderate than their most-preferred policies. Alternatively, if politicians cannot overcome the inability to make binding...
Persistent link: https://www.econbiz.de/10012469391
Why do wars occur? We exploit a natural experiment to test the longstanding hypothesis that leaders declare war because they fail to internalize the associated costs. We test this moral hazard theory of conflict by compiling data on the 9,210 children of 3,693 US legislators who served in the...
Persistent link: https://www.econbiz.de/10012453810
This paper uses data on bill sponsorship and cosponsorship in the U.S. House of Representatives to estimate gender differences in cooperative behavior. We employ a number of econometric methodologies to address the potential selection of female representatives into electoral districts with...
Persistent link: https://www.econbiz.de/10012456189
We model a procedural reform aimed at restoring a proper role for the minority in the confirmation process of judicial nominations in the U.S. Senate. We analyze a proposal that would call for nominations to the same level court to be collected in periodic lists and voted upon individually with...
Persistent link: https://www.econbiz.de/10012458207
We study vote trading among U.S. Congress members. By tracking roll-call votes within bills across five legislatures and politicians' personal connections made during the school years, we document a propensity of connected legislators to vote together that depends on how salient the bill is to...
Persistent link: https://www.econbiz.de/10014250186
This article develops a method for quantitatively tracking the agenda of the British Parliament--by which I mean the substantive topics on which Parliamentary debate was focused--from 1810-2005 using descriptions of 1.7 million Parliamentary debates from the Parliamentary Hansard. This provides...
Persistent link: https://www.econbiz.de/10013210049
We present a model of the U.S. Congress in which social connections among Congress members are endogenous and matter for their legislative activity. We propose a novel equilibrium concept for the network formation game that allows for a sharp characterization of equilibrium behavior and that...
Persistent link: https://www.econbiz.de/10012479937
To understand the extent to which partisan majorities in Congress influence economic policy, we compare financial market responses in recent midterm elections to Presidential elections. We use prediction markets tracking election outcomes as a means of precisely timing and calibrating the...
Persistent link: https://www.econbiz.de/10012465910
This paper links the theory of interest groups influence over the legislature with that of congressional control over the judiciary. The resulting framework reconciles the theoretical literature of lobbying with the negative available evidence on the impact of lobbying over legislative outcomes,...
Persistent link: https://www.econbiz.de/10012467366
The Brazilian Constitution of 1988 gave relatively strong powers to the President. We model and test Executive-Legislative relations in Brazil and demonstrate that Presidents have used pork as a political currency to exchange for votes on policy reforms. In particular Presidents Cardoso and Lula...
Persistent link: https://www.econbiz.de/10012467412