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The direct democratic choice of an examination standard, i.e., a performance level required to graduate, is evaluated against a utilitarian welfare function. It is shown that the median preferred standard is inefficiently low if the marginal cost of reaching a higher performance reacts more...
Persistent link: https://www.econbiz.de/10011788763
exchange for their votes. That practice undermines the functioning of democracy but is pervasive in many parts of the world …
Persistent link: https://www.econbiz.de/10014295086
This paper surveys some recent literature on fiscal policy and comparative politics. Economic policy is viewed as the outcome of a game with multiple-principals and multiple-agents. Opportunistic politicians bargain over policy. Rational voters hold them accountable through retrospective voting....
Persistent link: https://www.econbiz.de/10009781540
When politicians are provided with insufficient incentives by the democratic election mechanism, we show that social … anonymous elections in democracies. …
Persistent link: https://www.econbiz.de/10011408440
parliamentary elections and their electoral success. To identify local-level variation in urbanization, we leverage exogenous … changes to the boundaries of electoral constituencies in the 1928, 1932, and 1936 French parliamentary elections. The results …
Persistent link: https://www.econbiz.de/10014452376
parties allow like-minded citizens to, first, share the cost of running in a public election and, second, coordinate on a …
Persistent link: https://www.econbiz.de/10012652734
We explore the effect of oil import price shocks on political outcomes using a worldwide dataset on elections of chief …
Persistent link: https://www.econbiz.de/10013205030
I examine whether elections influence perceived corruption in the public sector. Perceived corruption in the public …. The results show that the reversed CPI was about 0.4 points higher in election years than in other years, indicating that … perceived corruption in the public sector increased before elections. The effect is especially pronounced before early elections …
Persistent link: https://www.econbiz.de/10011941292
We ask three questions. First, do election systems differ in how they translate physical attractiveness of candidates … German election system that combines first-past-the-post election with party-list proportional representation, our results … show that plurality elections provide more scope for translating physical attractiveness into electoral success than …
Persistent link: https://www.econbiz.de/10012219353
depends on the contestability of elections, which declines as party fragmentation exceeds the long run level predicted by …
Persistent link: https://www.econbiz.de/10011428344