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The political economy of regulatory risk

Strausz, Roland - 2010

This paper investigates political uncertainty as a source of regulatory risk. It shows that political parties have … incentives to reduce regulatory risk actively: Mutually beneficial pre-electoral agreements that reduce regulatory risk always … skewed. These results follow from a fluctuation effect of regulatory risk that hurts parties and an output-expansion effect …

Persistent link: https://www.econbiz.de/10003938159

Uncovered power : external agenda setting, sophisticated voting, and transnational lobbying

Console Battilana, Silvia (contributor) - 2007

Persistent link: https://www.econbiz.de/10003623836

Knowledge is power : a theory of information, income, and welfare spending

Lind, Jo Thori; Rohner, Dominic - 2011

No voters cast their votes based on perfect information, but better educated and richer voters are on average better informed than others. We develop a model where the voting mistakes resulting from low political knowledge reduce the weight of poor voters, and cause parties to choose political...

Persistent link: https://www.econbiz.de/10009314546

Political competition and the limits of political compromise

Cunha, Alexandre B.; Ornelas, Emanuel - 2014

We consider an economy where competing political parties alternate in office. Due to rent-seeking motives, incumbents have an incentive to set public expenditures above the socially optimum level. Parties cannot commit to future policies, but they can forge a political compromise where each...

Persistent link: https://www.econbiz.de/10010340378

Coordinating sectoral policymaking : searching for countervailing mechanisms in the EU legislative process

Steunenberg, Bernard - 2003

In contrast to parliamentary systems, the Council of Ministers, the main legislative body of the European Union, consists of different formations in which national ministers with similar sectoral portfolios participate. This decision-making structure has led to a loss of coherence . In this...

Persistent link: https://www.econbiz.de/10011506458

Enlargements and the principles of designing EU : decision-making procedures

Widgrén, Mika - 2003

This paper examines how neutral the current EU decision-making procedures are to membership and how well they obey certain transparent general constitutional principles. The paper evaluates the performance of the procedures by strategic and classical power indices. The main emphasis in the...

Persistent link: https://www.econbiz.de/10011507661

The inter-institutional distribution of power in EU codecision

Napel, Stefan (contributor); Widgrén, Mika (contributor) - 2004

This paper analyzes the a priori influence of the European Parliament (EP) and the Council of Ministers (CM) on legislation of the European Union adopted under its codecision procedure. In contrast to studies which use conventional power indices, both institutions are assumed to act...

Persistent link: https://www.econbiz.de/10002521708

The political economy of the Covid-19 fiscal stimulus packages of 2020

Aizenman, Joshua; Jinjarak, Yothin; Nguyen, Hien Thi Kim; … - 2021

Almost all countries announced fiscal support programs once COVID-19 hit. However, there was significant diversity in the magnitude and composition of these fiscal stimulus programs. These differences were determined by myriad political, financial, social, and economic factors - these factors...

Persistent link: https://www.econbiz.de/10012628797

Income inequality and political polarization

Marz, Waldemar - 2024

Value issues such as climate policy, immigration, or identity politics are among the most polarizing policy issues in the U.S. and other high-income countries. That polarization has been rising over the last decades. I investigate a novel channel of income inequality and political campaign...

Persistent link: https://www.econbiz.de/10014516223

Psychologically-based voting with uncertainty

Degan, Arianna; Li, Ming - 2014

We analyze a psychologically-based model of voter turnout in an election with common value and uncertainty. Our model yields distinctive comparative statics results. First, an increase in the proportion of informed citizens may cause the winning margin for the right candidate to either rise or...

Persistent link: https://www.econbiz.de/10010418265

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