Showing 1 - 10 of 10
We examine how fiscal rules influence economic growth. The results show that constitutional fiscal rules promoted growth from the Industrial Revolution until World War II (1789-1950) and also increased modern economic growth (1985-2015). To address selection on unobservables, we conduct a...
Persistent link: https://www.econbiz.de/10012219378
We provide evidence that political instability deteriorates economic growth. We establish this result based on panel difference-in-differences strategies and dynamic panel data models using a large sample of 180 countries, a novel geocoded dataset for 2,660 regions, and micro data for about...
Persistent link: https://www.econbiz.de/10012219694
-run and (ii) experts’ uncertainty increased after the election. Our results suggest that exceptional politicians influence …
Persistent link: https://www.econbiz.de/10012417461
Can one single political leader influence macroeconomic expectations on a global scale? We design a large-scale survey experiment among influential economic experts working in more than 100 countries and use the 2020 US presidential election as a quasi-natural experiment to identify the effect...
Persistent link: https://www.econbiz.de/10013383634
clarify how stake asymmetry, lobbying-skill asymmetry and return to lobbying effort determine the relative desirability, from …
Persistent link: https://www.econbiz.de/10011513996
what condition an interest group prefers to direct its lobbying efforts to two parties or the two coalition and opposition … discipline. The lobbying efforts under un-enforced and enforced party discipline are also compared. Finally, we clarify the … parties ; ideological predispositions ; electoral power ; post-elections lobbying ; enforced party discipline …
Persistent link: https://www.econbiz.de/10009683353
prizes has the perverse effect of increasing their aggregate lobbying efforts. …
Persistent link: https://www.econbiz.de/10011408720
components: expected social welfare and lobbying efforts. The welfare component has a positive or no effect on the utility while … the lobbying efforts have a positive, negative or no effect on the utility (ii) introducing the political culture of the …
Persistent link: https://www.econbiz.de/10011408927
The compromise enhancing effect of lobbying on public policy has been established in two typical settings. In the first … demonstrate that in the latter setting, the compromising effect of lobbying need not exist. Our reduced-form, two-stage public …) desires to suckle thereby threatening the public well being more than the lobbying interest groups. The main result specifies …
Persistent link: https://www.econbiz.de/10002734085
lobbying activities. …
Persistent link: https://www.econbiz.de/10009781546