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The upcoming demographic crisis in Germany demands fundamental reforms of the pension system. In a democracy, reforms are, however, only feasible when they are supported by the majority of the electorate. To determine whether the majority is in favor of reforms of the pension system, we...
Persistent link: https://www.econbiz.de/10012470215
We examine the determinants of election as Fellow of the Econometric Society, an example of voting within a group to …
Persistent link: https://www.econbiz.de/10012470284
I establish four facts regarding the pattern of NLRB supervised representation election activity over the past 45 years …: 1) the quantity of election activity has fallen sharply and discontinuously since the mid-70's after increasing between … forty years. I develop a simple optimizing model of the union decision to hold a representation election that can account …
Persistent link: https://www.econbiz.de/10012471560
weak. One explanation for the failure to uncover the expected relationship between federal spending and election outcomes …
Persistent link: https://www.econbiz.de/10012473896
that when a Senate election is held, there is already a sitting senator. If the voters care about the policy position of … their state delegation in each election, they may favor the candidate of the party which is not holding the other seat. We …
Persistent link: https://www.econbiz.de/10012475353
general election is an endogenous policy variable in a parliamentary system. Thus, one of the interesting questions in a …
Persistent link: https://www.econbiz.de/10012475917
This paper examines the relationship between the Toronto Stock Exchange (TSE) and election polls during the 1988 … Canadian General Election campaign. Two hypotheses are investigated: first, did polls influence the TSE, and secondly, if so …
Persistent link: https://www.econbiz.de/10012475973
This paper extends the spatial theory of voting to an institutional structure in which policy choices are a function of the composition of the legislature and of the executive. In an institutional setup in which the policy outcome depends upon relative plurality, each voter has incentives to be...
Persistent link: https://www.econbiz.de/10012475974
before the election. Our empirical results suggest that our model performs at least as well and often better than alternative …
Persistent link: https://www.econbiz.de/10012476355
Prior to elections, governments (at all levels) frequently undertake a consumption binge. Taxes are cut, transfers are raised, and government spending is distorted towards highly visible items. The "political business cycle" (better be thought of as "the political budget cycle") has been...
Persistent link: https://www.econbiz.de/10012476639