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between two potential policy outcomes of an election participate in large-scale elections when voting is costly? Using a … is costly and the voter has no monetary stake in the election outcome. In our sample, we observe that at least fourteen … they have no pecuniary interest in the election outcome …
Persistent link: https://www.econbiz.de/10013315578
interested in: Does the partisan identity of the mayor influence the voter's decision in the subsequent town council election … the mayor on the result of the last council election? We rely on a regression discontinuity design focusing on close … election outcomes based on municipal level data for Germany. We find that the party of the mayor can receive a bonus of 4 …
Persistent link: https://www.econbiz.de/10013112896
Random factors such as bad weather or exogenous economic shocks affect the re-election of politicians and can reduce … accountability. Such distorted election choices interact with the architecture of government. Contrasting centralized with … decentralized political systems, this study shows that centralization is likely to result in higher accountability if election …
Persistent link: https://www.econbiz.de/10013156040
We identify exogenous variation in incumbent policymakers' re-election probabilities and explore empirically how this … variation affects the incumbents' investment in physical capital. Our results indicate that a higher re-election probability … capital. Key for the consistency between data and theory is to account for complementarity between physical capital and flow …
Persistent link: https://www.econbiz.de/10013157849
equilibrium policy is smaller, because their bargaining power is reduced compared to a single ballot election. The predictions on …
Persistent link: https://www.econbiz.de/10012763997
the static setting with a dynamic scenario where each incumbent politician faces an election after a finite, fixed term …
Persistent link: https://www.econbiz.de/10012771407
of politicians to hire relatives increased with the margin of the majority for the incumbent in the previous election …
Persistent link: https://www.econbiz.de/10013013699
Patent boxes have been heavily debated for their role in corporate tax competition. This paper uses firm-level data for the period 2000-2011 for the top 2,000 corporate research and development (R&D) investors worldwide to consider the determinants of patent registration across a large sample of...
Persistent link: https://www.econbiz.de/10013019848
We study the efficient allocation of spending and taxation authority in a federation in which federal politicians are exposed to electoral uncertainty. We show that centralization may, but need not, result in a loss of electoral accountability. We identify an important asymmetry between positive...
Persistent link: https://www.econbiz.de/10013144284
. Our results indicate that the fall in revenue in election periods is attributed to a fall in direct taxation. The …
Persistent link: https://www.econbiz.de/10013148789