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Politicians' payments in a proportional party system

Berg, Heléne - 2018

Is politics a lucrative business? The question is approached in this paper, as one of few to quantify the monetary returns to holding political office in a typical developed democracy where parties are the main political actors. By applying a difference-in-difference setting with a carefully...

Persistent link: https://www.econbiz.de/10011922048

Tax interaction among Walloon municipalities : is there room for yardstick competition, intellectual trend and partisan monopoly effect?

Gérard, Marcel; Van Malderen, Laurent - 2012

corresponding to its ideology if it has ruled the municipality several legislatures in a row. The paper proposes an empirical …

Persistent link: https://www.econbiz.de/10009684049

The Democratic-Republican presidential growth gap and the partisan balance of the state government

Cahan, Dodge; Potrafke, Niklas - 2017

Higher economic growth was generated during Democratic presidencies compared to Republican presidencies in the United States. The question is why. Blinder and Watson (2016) explain that the Democratic-Republican presidential growth gap (D-R growth gap) can hardly be attributed to the policies...

Persistent link: https://www.econbiz.de/10011663552

Dragnet-controls and government ideology

Potrafke, Niklas - 2019

, in turn, new populist parties that offer more polarized platforms. I investigate whether government ideology influences … ideology-induced policies implemented by established parties. Dragnet- controls confine citizens’ liberties, but may help to … evaluating how government/party ideology influences individual policies, previous econometric studies ignored initiatives in …

Persistent link: https://www.econbiz.de/10011956331

How do migrants choose their destination country? : an analysis of institutional determinants

Geis, Wido; Übelmesser, Silke; Werding, Martin - 2008

For a long time, migration has been subject to intensive economic research. Nevertheless, empirical evidence regarding the determinants of migration still appears to be incomplete. In this paper, we analyze the effects of socio-economic and institutional determinants, especially labor-market...

Persistent link: https://www.econbiz.de/10003805994

Welfare implications of public education spending rules

Angelopoulos, Konstantinos; Malley, James R.; … - 2008

In this paper, we quantitatively assess the welfare implications of alternative public education spending rules. To this end, we employ a dynamic stochastic general equilibrium model in which human capital externalities and public education expenditures, financed by distorting taxes, enhance the...

Persistent link: https://www.econbiz.de/10003806000

Monetary persistence and the labor market : a new perspective

Lechthaler, Wolfgang; Merkl, Christian; Snower, Dennis J. - 2010

In this paper we propose a novel way to model the labor market in the context of a New-Keynesian general equilibrium model, incorporating labor market frictions in the form of hiring and firing costs. We show that such a model is able to replicate many important stylized facts of the business...

Persistent link: https://www.econbiz.de/10003937114

The cult of statistical significance

Krämer, Walter - 2010

This article takes issue with a recent book by Ziliak and McCloskey (2008) of the same title. Ziliak and McCloskey argue that statistical significance testing is a barrier rather than a booster for empirical research in many fields and should therefore be abandoned altogether. The present...

Persistent link: https://www.econbiz.de/10008732285

Optimal risk-sharing in mortgage contracts : the effects of potential prepayment and default

Brueckner, Jan K.; Lee, Kangoh - 2014

Much of the literature on the economics of mortgage markets has studied the FRM-ARM choice made by individual borrowers. However, to decide if the outcome of such a choice is efficient or approximately so, it is necessary to explore the question of optimal risk-sharing in mortgage contracts. But...

Persistent link: https://www.econbiz.de/10010412302

When inequality matters for macro and macro matters for inequality

Ahn, SeHyoun; Kaplan, Greg; Moll, Benjamin; Winberry, Thomas - 2017

We develop an efficient and easy-to-use computational method for solving a wide class of general equilibrium heterogeneous agent models with aggregate shocks, together with an open source suite of codes that implement our algorithms in an easy-to-use toolbox. Our method extends standard...

Persistent link: https://www.econbiz.de/10011688451

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