Showing 1 - 10 of 1,148
Persistent link: https://www.econbiz.de/10011922065
The idea of proportional representation has been circulating for over two hundred years and is widely practiced, among other, in post-war Europe. The primary focus is to allow smaller parties, minorities and other disenfranchised groups in society systematic representation in the national...
Persistent link: https://www.econbiz.de/10012310545
Previous assessments of nominal exchange rate determination have focused upon a narrow set of models typically of the 1970 s vintage, including monetary and portfolio balance models. In this paper we re-assess the in-sample fit and out-of-sample prediction of a wider set of models that have been...
Persistent link: https://www.econbiz.de/10011507659
We present results for two contingent valuation surveys conducted in Hamilton, Canada and the US to elicit WTP for …
Persistent link: https://www.econbiz.de/10011409036
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
Does democracy promote economic development? This paper reviews recent attempts to address this question that exploited … explain why presidential democracy leads to faster growth than parliamentary democracy. Third, it is important to distinguish … growth effect of democracy. …
Persistent link: https://www.econbiz.de/10003301122
We combine Duverger's Law (1954) with Demsetz's (1968) theory of natural monopoly to provide a novel perspective on electoral competitiveness in a single member district, plurality rule system. In the framework we develop, competitiveness depends on the contestability of elections, which...
Persistent link: https://www.econbiz.de/10011428344
We explore how the vertical structure of direct democracy in a federal context affects expenditure decisions of sub … of direct democracy. This allows us to take into account vertical differences between institutions, i.e. we can … distinguish the effect of state direct democracy on local expenditures for municipalities with and without own direct democratic …
Persistent link: https://www.econbiz.de/10009665388
performance across regions. -- accountability ; federalism ; decentralization ; retrospective voting ; Condorcet Jury Theorem …
Persistent link: https://www.econbiz.de/10003887189
We study whether a democracy improves a measure of individual wellbeing; human heights. Drawing on individual …-level datasets, we test the hypothesis using a battery of eight different measures of democracy and derived averages, and include … models accounting for several confounders, regional and cohort fixed effects. We document that democracy - or its quality …
Persistent link: https://www.econbiz.de/10012698819