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We introduce a general framework in which politicians choose a (possibly infinite) sequence of binary policies. The two competing candidates are exogenously committed to particular actions on a subset of these issues, while they can choose any policy for the remaining issues to maximize their...
Persistent link: https://www.econbiz.de/10013317301
quality of democracy. However, there is a non-negligible share of democracies that implement a minority-backed amount of …
Persistent link: https://www.econbiz.de/10013030499
involving a sample group. These mechanisms reflect the principles of liberal democracy, are procedurally efficient, and involve …
Persistent link: https://www.econbiz.de/10012994342
Motivated by recent interest and initiatives taken by several governments and international organizations to come up with indicators of well-being to inform policy makers, we test if subjective well-being measures (SWB) can be employed to study voting behaviour. Controlling for financial and...
Persistent link: https://www.econbiz.de/10013315574
We examine the extent to which political scandals influence trust in electoral institutions in established Western democracies. The second ballot of the 2016 Presidential election in Austria needed to be repeated because of inconsistencies in individual electoral districts (scandal districts)....
Persistent link: https://www.econbiz.de/10012964379
We study the short-run effect of elections on monetary aggregates in a sample of 85 low and middle income democracies (1975-2009). We find an increase in the growth rate of M1 during election months of about one tenth of a standard deviation. A similar effect can neither be detected in...
Persistent link: https://www.econbiz.de/10013315531
We test the theory of expressive voting in relation to political ideology in a laboratory experiment. After deriving …
Persistent link: https://www.econbiz.de/10012996429
While scholars and pundits alike have expressed concern regarding increasing social polarization based on partisan identity, there has been little analysis of how social polarization impacts voting. In this paper, we incorporate social identity into a principal-agent model of political...
Persistent link: https://www.econbiz.de/10012915567
We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy …
Persistent link: https://www.econbiz.de/10013086606
up with two rationales that help to understand why countries nevertheless consider protectionism to be a good response to …
Persistent link: https://www.econbiz.de/10013136880