Showing 1 - 10 of 982
beginning of their terms, but in line with the preferences of single-issue minorities as they approach re-election. To assess …'s predictions, election proximity has a pro-gun effect on Democratic senators and a pro-environment effect on Republican senators … size. Also in line with our theory, election proximity has no impact on senators' decisions on reproductive rights, because …
Persistent link: https://www.econbiz.de/10012918057
Politicians may pander to public opinion and may renounce undertaking beneficial long-term projects. To alleviate this problem, we introduce a triple mechanism involving political information markets, reelection threshold contracts, and democratic elections. An information market is used to...
Persistent link: https://www.econbiz.de/10013130416
positive effect of election stakes on turnout …
Persistent link: https://www.econbiz.de/10013138026
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
the endogenous variables; the federal election trend is treated as predetermined. Our results suggest that shocks in …
Persistent link: https://www.econbiz.de/10012960098
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
This paper empirically investigates the underlying determinants of expenditure decentralization, based on the predictions of a new political economy model of partial decentralization. The analysis is based on an agency model, in which two levels of government are involved in the provision of a...
Persistent link: https://www.econbiz.de/10013053063
year of a gubernatorial election, the elasticity of investment to the eventual margin of victory is 0.027. Both the …
Persistent link: https://www.econbiz.de/10012993110
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