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We study electoral competition among politicians who are heterogeneous both in competence and in how much they care … politicians? incentives to behave opportunistically increase with politicians? pay and with polarization of policy preferences …. Moreover, politicians may have stronger incentives to behave opportunistically if other politicians are more likely to behave …
Persistent link: https://www.econbiz.de/10010275662
Promises are prevalent in many competitive environments, but promise keeping is often difficult to observe. Do promises still offer an opportunity to honor future obligations, if promise keeping is unobservable? Focusing on campaign promises, we study the value of transparency. We showhow...
Persistent link: https://www.econbiz.de/10012830361
While still far from parity, female representation in politics has continuously increased over the last two decades worldwide. In light of this development, we analyze whether higher female representation has substantive effects on policy choices using the example of child care – a public good...
Persistent link: https://www.econbiz.de/10012844418
Recent contributions to the political economics literature (Trebbi et al. 2007; Aghion et al. 2004) have challenged the view that political institutions are exogenous to the behaviour of agents in the political arena. We explicitly address the potential endogeneity of institutions by examining the...
Persistent link: https://www.econbiz.de/10010264443
-checking company. Our results show that politicians are responsive to negative fact-checking. Specifically, we observe a significative … reduction in the number of incorrect statements made by politicians after being treated. This effect persists for at least two … months. We also observe a reduction in the probability of politicians making verifiable statements, suggesting that fact …
Persistent link: https://www.econbiz.de/10014290032
selected group of Dutch politicians, we find that politicians conform their expressed opinion about policy experiments to what …
Persistent link: https://www.econbiz.de/10015047202
We model which special interest groups lobby which policymakers directly, and which employ for-profit intermediaries. We show that special interests affected by policy issues that frequently receive high political salience lobby policymakers directly, while those that rarely receive high...
Persistent link: https://www.econbiz.de/10012892218
We develop a two-period model of redistributive politics in which two politicians compete in an election in each period …. In the first period, the politicians propose both whether to experiment with an efficient reform with uncertain benefits … and choose the amount of public debt. Politicians also allocate pork-barrel spending to voters in each period. We show …
Persistent link: https://www.econbiz.de/10013236278
In this chapter I provide an overview of the political economy of taxation in democratic states by considering the three most important issues in the field: (1) the evolution of the power to tax in (what are now) the mature constitutional democracies; (2) the nature and determinants of modern...
Persistent link: https://www.econbiz.de/10011584951
We suggest a probabilistic voting model where voters' preferences for alternative public goods display habit formation. Current policies determine habit levels and in turn the future preferences of the voters. This allows the incumbent to act strategically in order to influence the probability...
Persistent link: https://www.econbiz.de/10010264268