the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …We document that trust in public institutions — and particularly trust in banks, business and government — has declined … sector. Finally, analysis of several repeated cross-sections of confidence within U.S. states yields similar qualitative …

high growth, but based on a simple stylized model of government behavior the expectation is that mainly high trust … countries provides support for this expectation. The difference in fiscal policies depending on government trust levels may help …

emerging economies. We show that governments in emerging economies are more concerned about their reputation and tend to ride … that would help prevent potential crises. We provide evidence of the relevance of this reputation mechanism …

- from the economic effects of party control of government to the importance of complex rules in congressional committees …

We present a theory to explain government procrastination as a consequence of its present-bias resulting from the … theory predicts that a government with a more strongly predominant party tends to procrastinate less …

government is interpreted as the reaction of voters to a systematic control problem. Voters realize that term-limited executives … government control voters force a lame duck to compromise on policies with an opposing legislature. Based on data from the US … states, I present evidence showing that the probability of divided government is about 8 to 10 percent higher when governors …