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Uncovered Power : External Agenda Setting, Sophisticated Voting, and Transnational Lobbying
Battilana, Silvia Console - 2021
Where does the balance of power lie in a policy - making institution with an external agenda setter, legislators, and lobbies? In a multiple round majority rule game with sophisticated actors, we show that the agenda setter obtains its most preferred policy outcome even if all lobbies and...
Persistent link: https://www.econbiz.de/10013316770
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How EU Markets Became More Competitive Than US Markets : A Study of Institutional Drift
Gutiérrez, Germán - 2018
political and lobbying expenditures have increased much more in America than in Europe, and using data across industries and …
Persistent link: https://www.econbiz.de/10012453020
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A Fistful of Dollars : Lobbying and the Financial Crisis
Igan, Deniz - 2011
Has lobbying by financial institutions contributed to the financial crisis? This paper uses detailed information on … financial institutions' lobbying and mortgage lending activities to answer this question. We find that lobbying was associated … with more risk-taking during 2000-07 and with worse outcomes in 2008. In particular, lenders lobbying more intensively on …
Persistent link: https://www.econbiz.de/10012461582
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The different extent of privatisation proceeds in EU countries : a preliminary explanation using a public choice approach
Belke, Ansgar; Baumgärtner, Frank; Schneider, Friedrich G. - 2005
larger reform package of economic liberalisation in formerly overregulated economies, (b) as a reaction to an increasing …
Persistent link: https://www.econbiz.de/10010276562
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Random Directed Graph Distributions in the Triad Census in Social Networks
Wasserman, Stanley S. - 1975
This paper uses the concept of the triad census first introduced by Holland and Leinhardt, and describes several distributions on directed graphs. Methods are presented for calculating the mean and the covariance matrix of the triad census for the uniform distribution that conditions on the...
Persistent link: https://www.econbiz.de/10012479013
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The Euro and Structural Reforms
Alesina, Alberto - 2008
This paper investigates whether or not the adoption of the Euro has facilitated the introduction of structural reforms, defined as deregulation in the product markets and liberalization and deregulation in the labor markets. After reviewing the theoretical arguments that may link the adoption of...
Persistent link: https://www.econbiz.de/10012464168
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Improving the SGP : taxes and delegation rather than fines
Lindbeck, Assar; Niepelt, Dirk - 2005
We analyze motivations for, and possible alternatives to, the Stability and Growth Pact (SGP). With regard to the former, we identify domestic policy failures and various cross-country spillover effects; with regard to the latter, we contrast an ?economic-theory" perspective on optimal...
Persistent link: https://www.econbiz.de/10010261131
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Economic and political determinants of budget deficits in the European Union: a dynamic random coefficient approach
Bayar, Ali; Smeets, Bram - 2009
This paper formulates a dynamic Random Coefficient Model (RCM) to consider a set of popular determinants of public deficits in the EU-15 over the period 1971-2006, both at a country-specific level and from a population-wide perspective. Although the extent of government deficits and debt has...
Persistent link: https://www.econbiz.de/10010264557
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Economic, political and institutional determinants of budget deficits in the European Union
Bayar, Ali; Smeets, Bram - 2009
Using an extended data set of EU countries ranging from 1971-2006 and relevant econometric methods, we investigate the economic, political, and institutional determinants of government deficits in the EU. The results show a strong opportunistic behaviour of policymakers which leads to political...
Persistent link: https://www.econbiz.de/10010264607
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Spend-and-tax : a panel data investigation for the EU
Afonso, António; Rault, Christophe - 2009
Using bootstrap panel analysis, allowing for cross-country correlation, without the need of pre-testing for unit roots, we study the causality between government spending and revenue for the EU in the period 1960-2006. We find spend-and-tax causality for Italy, France, Spain, Greece, and...
Persistent link: https://www.econbiz.de/10010276304