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Members of parliament (MPs) often decide on their own salaries. Voters dislike self-serving politicians, and … politicians are keen to gratify their voters. In line with the political business cycle theories, politicians thus may well delay … increased by one percent. Politicians can increase their salaries at any point of time in the legislative period: understanding …
Persistent link: https://www.econbiz.de/10011517956
This paper establishes the presence of a substantial gender gap in the relationship between state legislature service and the subsequent pursuit of a Congressional career. The empirical approach uses a sample of mixed-gender elections to compare the differential political career progression of...
Persistent link: https://www.econbiz.de/10012064423
We analyze the topical question of how the compensation of elected politicians affects the set of citizens choosing to …
Persistent link: https://www.econbiz.de/10011404313
This paper investigates the impact of voter support on the representation of women in the political profession. The empirical analysis exploits two-stage elections in the United States and Italy to hold the selection of candidates constant. In two-stage elections, candidates are admitted to the...
Persistent link: https://www.econbiz.de/10012514279
The vintage political business cycle framework of Nordhaus (1975) represents the idea that the macroeconomic business cycle is manipulated opportunistically by an incumbent government to achieve re-election. A key assumption in this prototypical framework is that voters discount their memories...
Persistent link: https://www.econbiz.de/10011350208
resolving preference conflicts across individuals, politicians place substantially more importance on least-favored than on most …" which insists that choices merit intervention only if the lure of immediacy may bias intertemporal choice. Politicians' and …
Persistent link: https://www.econbiz.de/10014247240
-checking company. Our results show that politicians are responsive to negative fact-checking. Specifically, we observe a significative … reduction in the number of incorrect statements made by politicians after being treated. This effect persists for at least two … months. We also observe a reduction in the probability of politicians making verifiable statements, suggesting that fact …
Persistent link: https://www.econbiz.de/10013463503
educational performance information may incentivize politicians to implement welfare-enhancing reforms. …
Persistent link: https://www.econbiz.de/10013555713
Comparative quantitative research into the causes, responses to, and effects of banking crisis uses two series of crisis data: Reinhart and Rogoff (2009, 2010) and Laeven and Valencia (2013, and their predecessors). While these data sets provide broad coverage, the measures they code have...
Persistent link: https://www.econbiz.de/10011392626
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/10011342347