Showing 1 - 10 of 54
The United Nations Goldstone Report criminalized self-defense against state-sponsored or state-perpetrated terror. We use voting on the two UN General Assembly resolutions relating to the Goldstone Report to study whether support for the Goldstone principle of criminalization of self-defense...
Persistent link: https://www.econbiz.de/10010488128
The Italian civil war and the Nazi occupation of Italy occurred at a critical juncture, just before the birth of a new democracy. We study the impact of these traumatic events by exploiting geographic heterogeneity in the duration and intensity of civil war, and the persistence of the...
Persistent link: https://www.econbiz.de/10011782087
We show that migrating extremists shape political landscapes toward their ideology in the long run. We exploit the unexpected division of the state of Upper Austria into a US and a Soviet occupation zone after WWII. Zoning prompts large-scale Nazi migration to US occupied regions. Regions that...
Persistent link: https://www.econbiz.de/10011444075
We compare single ballot vs dual ballot elections under plurality rule, assuming sincere voting and allowing for partly endogenous party formation. Under the dual ballot, the number of parties is larger but the influence of extremist voters on equilibrium policy is smaller, because their...
Persistent link: https://www.econbiz.de/10003824705
This article investigates the impact of the distribution of preferences on equilibrium behavior in conflicts that are modeled as all-pay auctions with identity-dependent externalities. In this context, we define centrists and radicals using a willingness-to-pay criterion that admits preferences...
Persistent link: https://www.econbiz.de/10009533958
Persistent link: https://www.econbiz.de/10003624655
. Recent events in Europe provide ample evidence that the political aftershocks of financial crises can be severe. In this … paper we study the political fall-out from systemic financial crises over the past 140 years. We construct a new long … strongly after financial crises as government majorities shrink and polarization rises. After a crisis, voters seem to be …
Persistent link: https://www.econbiz.de/10011349087
What risks do asset price bubbles pose for the economy? This paper studies bubbles in housing and equity markets in 17 countries over the past 140 years. History shows that not all bubbles are alike. Some have enormous costs for the economy, while others blow over. We demonstrate that what makes...
Persistent link: https://www.econbiz.de/10011309562
institutions precede crises and, interestingly, positive reforms occur thereafter. Strong institutions shorten the duration of … crises, ethnic cleavages do the reverse. However, the negative effects of ethnic cleavages are not insurmountable: an …
Persistent link: https://www.econbiz.de/10010234524
common break date. One size does not fit all when it comes to identifying the impact of financial crises on firm level …
Persistent link: https://www.econbiz.de/10012433745