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Do Parties Punish MPs for Voting against the Party Line?
Kauder, Bjoern - 2017
We examine whether parties punish politicians who vote against the party line in roll-call votes. Using data of German members of parliament over the legislative period 2009-2013, we take into account that the effect of punishment differs along the list of candidates because a candidate is...
Persistent link: https://www.econbiz.de/10012953695
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Precommitted Government Spending and Partisan Politics
Bohn, Henning - 2011
This paper analyzes government commitments to ongoing spending programs that require future outlays. Spending commitments are important for understanding partisan politics because they constrain future governments. In a model with one government good, a “stubborn liberal” policy maker can...
Persistent link: https://www.econbiz.de/10013124681
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Elites or Masses? A Structural Model of Policy Divergence, Voter Sorting and Apparent Polarization in U.S. Presidential Elections, 1972-2008
Krasa, Stefan - 2012
One of the most widely discussed phenomena in American politics today is the perceived increasing partisan divide that splits the U.S. electorate. A central contested question is whether this diagnosis is actually true, and if so, what is the underlying cause. We develop a model that relates the...
Persistent link: https://www.econbiz.de/10013109748
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Incumbent Effects and Partisan Alignment in Local Elections : A Regression Discontinuity Analysis Using Italian Data
Bracco, Emanuele; Porcelli, Francesco; Redoano, Michela - 2021
This paper provides a simple model to explain effect of political alignment between different tiers of government on policy choices and election outcomes. We derive precise predictions that, as long as voters attribute most of the credit for providing public goods to the local government: (i)...
Persistent link: https://www.econbiz.de/10013315815
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The Influence of Special Interests and Party Activists on Electoral Competition
Martineau, Nicolas-Guillaume - 2021
This paper studies the effects on electoral competition of political parties relying on monetary donations and volunteer labor for their electioneering activities. It also examines whether a recorded decline in party activism increases special-interest influence on party policy platforms....
Persistent link: https://www.econbiz.de/10013315913
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Cointegration of Matched Home Purchases and Rental Price Indexes -- Evidence from Singapore
Baltagi, Badi H. - 2015
This paper exploits the homogeneity feature of the Singapore private residential condominium market and constructs …
Persistent link: https://www.econbiz.de/10013011805
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Effects of U.S. Inflation on Hong Kong and Singapore
Cheung, Yin-Wong; Yuen, Jude - 2021
this paper, we examine how inflation rates in two small open economies, namely Hong Kong and Singapore, interact with those … model is used to study the inflation dynamics. It is found that Hong Kong and Singapore inflation rates, but not the U ….S. one, respond to the error correction term. Compared with Singapore, the Hong Kong inflation rate is more responsive to U …
Persistent link: https://www.econbiz.de/10013320545
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The Joint Distribution of Wealth and Income Risk : Evidence from Bern
Krapf, Matthias - 2018
Using detailed tax data from the Swiss canton of Bern, I examine how changes in wealth are related to income risk. I find that only among elderly individuals high kurtosis of income risk may be positively correlated with wealth accumulation. Additionally, I document that a substantial share of...
Persistent link: https://www.econbiz.de/10012912679
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Heterogeneity and Persistence in Returns to Wealth
Fagereng, Andreas - 2018
We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population data from Norway's administrative tax records. We document a number of novel results. First, during our sample period individuals earn markedly different average returns on their...
Persistent link: https://www.econbiz.de/10012913195
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Why Do Wealthy Parents Have Wealthy Children?
Fagereng, Andreas - 2018
Strong intergenerational associations in wealth have fueled a longstanding debate over why children of wealthy parents tend to be well off themselves. We investigate the role of family background in determining children's wealth accumulation and investor behavior as adults. The analysis is made...
Persistent link: https://www.econbiz.de/10012919007