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This paper examines voting by members of Congress on three trade bills introduced in 1993 and 1994: the North American Free Trade Agreement (NAFTA), the agreements concluded in the Uruguay Round of multilateral trade negotiations (GATT), and most-favored nation status for China. We first review...
Persistent link: https://www.econbiz.de/10012472442
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
of local interests in, and the decision-making rules for, the Union. Subsidiarity is to be the guiding principle. This … essay reviews three alternative models of subsidiarity -- decentralized federalism, centralized federalism, and democratic … institutionally weak executive, a country-specific Council of Ministers and a locally representative Parliament. The remaining issues …
Persistent link: https://www.econbiz.de/10012472252
We construct a set of indicators to measure the policy-making role of the European Union (European Council, Parliament …
Persistent link: https://www.econbiz.de/10012470068
Prior to July 2009, salaries of the members of the European Parliament were paid by their home country and there were … each member of the Parliament is pegged to 38.5% of a European Court judge's salary, paid by the EU. This created an … are independent of attendance to the Parliament. Using detailed information on each parliamentarian of the European …
Persistent link: https://www.econbiz.de/10012461329
Over the years, there emerged two key policy differences between Europe and America, both welfare and migration-states. The former has more generous welfare state and more liberal migration policies than the latter. In this paper we attempt to provide a political-economy explanation for these...
Persistent link: https://www.econbiz.de/10012458218
Europe's monetary union is part of a broader process of integration that started in the aftermath of World War II. In this "political guide for economists" we look at the creation of the euro within the bigger picture of European integration. How and why were European institutions established?...
Persistent link: https://www.econbiz.de/10012459539
The global financial crisis which erupted in the United States instantaneously swept across Europe. Like the United States, the European Monetary Union (EMU) was ripe for a crash. It had its own real estate bubble, specifically in Ireland and Spain, indulged in excessive deficit spending,...
Persistent link: https://www.econbiz.de/10012460307
This paper investigates the factors explaining significant policy change by studying how bipartisan support developed to sustain the Reciprocal Trade Agreements Act (RTAA) of 1934. The RTAA fundamentally transformed both the process and outcome of U.S. trade policy: Congress delegated its...
Persistent link: https://www.econbiz.de/10012472702
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