The study assesses the level of integration among the three Greater China economies (namely China, Hong Kong, and … Taiwan) and examines the suitability of a Greater China currency union. Currently, the three economies have extensive trade …

The status of real and financial integration of China, Hong Kong, and Taiwan is investigated using monthly data on one … the parity conditions is shrinking over time. In particular, China and Hong Kong appear to have experienced significant …

the static setting with a dynamic scenario where each incumbent politician faces an election after a finite, fixed term …

We identify exogenous variation in incumbent policymakers' re-election probabilities and explore empirically how this … variation affects the incumbents' investment in physical capital. Our results indicate that a higher re-election probability …

equilibrium policy is smaller, because their bargaining power is reduced compared to a single ballot election. The predictions on …

Random factors such as bad weather or exogenous economic shocks affect the re-election of politicians and can reduce … accountability. Such distorted election choices interact with the architecture of government. Contrasting centralized with … decentralized political systems, this study shows that centralization is likely to result in higher accountability if election …

positive effect of election stakes on turnout. -- voter motivation ; elections ; turnout …