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The Democratization of Rent Seeking in Greece

Moutos, Thomas - 2013

We describe the evolution of the power struggle in Greece among key economic and political stakeholders, who have tried, via strategic positioning and rent-seeking activities, to influence economic policy outcomes during the postwar decades. We split the postwar decades in three periods: the...

Persistent link: https://www.econbiz.de/10013078912

Does Membership on the UN Security Council Influence IMF Decisions? Evidence from Panel Data

Dreher, Axel; Sturm, Jan-Egbert; Vreeland, James Raymond - CESifo - 2006

We investigate whether temporary members of the UN Security Council receive favorable treatment from the IMF, using panel data for 191 countries over the period 1951 to 2004. Our results indicate a robust positive relationship between temporary UN Security Council membership and participation in...

Persistent link: https://www.econbiz.de/10005416462

Politics and IMF Conditionality

Dreher, Axel; Sturm, Jan-Egbert; Vreeland, James Raymond - CESifo - 2013

Bailouts sponsored by the International Monetary Fund (IMF) are famous for their conditionality: in return for continued installments of desperately needed loans, governments must comply with austere policy changes. Many have suggested, however, that politically important countries face rather...

Persistent link: https://www.econbiz.de/10010877803

Do IMF and World Bank Influence Voting in the UN General Assembly?

Dreher, Axel; Sturm, Jan-Egbert - CESifo - 2006

Using panel data for 188 countries over the period 1970-2002 this paper empirically analyzes the influence of the IMF and the World Bank on voting patterns in the UN General Assembly. Countries receiving adjustment programs and larger non-concessional loans from the World Bank vote more...

Persistent link: https://www.econbiz.de/10005181533

Of Donor Coordination, Free-Riding, Darlings, and Orphans: The Dependence of Bilateral Aid on Other Bilateral Giving

Davies, Ronald B.; Klasen, Stephan - CESifo - 2013

Using data from 1988 to 2007, we examine to what extent bilateral aid flows of an individual donor to a country depend … on aid flows from all other bilateral and multilateral donors to that country. We thereby want to assess to what extent … donor coordination, free-riding, selectivity, specialization, and common donor motivations drive bilateral aid allocation as …

Persistent link: https://www.econbiz.de/10010634080

Politics of Randomness

Epstein, Gil S.; Nitzan, Shmuel - CESifo - 2002

The main drawback of the public-policy contest is that the notion of contest success function, a crucial component of the contest model, does not have micro-foundations and, therefore, the random behavior of the government seems ad-hoc. In the present paper we propose a partial micro-foundation...

Persistent link: https://www.econbiz.de/10005405886

Lobbying and Compromise

Epstein, Gil S.; Nitzan, Shmuel - CESifo - 2005

The compromise enhancing effect of lobbying on public policy has been established in two typical settings. In the first, lobbies are assumed to act as 'principals' and the setters of the policy (the candidates in a Downsian electoral competition or the elected policy maker in a citizen-...

Persistent link: https://www.econbiz.de/10005405940

Immunity

Reddy, Karthik; Schularick, Moritz; Skreta, Vasiliki - CESifo - 2013

Legal provisions that protect politicians from arrest and prosecution exist throughout much of the modern democratic world. Why, and with what effects, do societies choose to place their politicians above the law? We examine the institution of immunity both theoretically and empirically. Our...

Persistent link: https://www.econbiz.de/10010877744

Why does Environmental Policy in Representative Democracies Tend to be Inadequate? A Preliminary Public Choice Analysis

Kollmann, Andrea; Schneider, Friedrich - CESifo - 2010

There is a widespread consensus among the most important players in developed countries (voters, politicians, producers, traditional and green interest groups and bureaucracies) that a shift towards an eco-social market economy is essential for sustainable growth. Nevertheless, market-based...

Persistent link: https://www.econbiz.de/10008727290

On the Size of the Winning Set in the Presence of Interest Groups

Sadiraj, Vjollca; Tuinstra, Jan; Winden, Frans van - CESifo - 2006

Interest groups are introduced in a spatial model of electoral competition between two political parties. We show that the presence of these interest groups increases the winning set, which is the set of policy platforms for the challenger that will defeat the incumbent. Therefore interest...

Persistent link: https://www.econbiz.de/10005765946