Showing 1 - 10 of 19
In parliament, individual representatives vote with a certain probability according to their constituents’ preferences. Thus, the mechanism of the Condorcet Jury Theorem can be fruitfully applied to parliamentary representation: The probability that a majority of representatives votes...
Persistent link: https://www.econbiz.de/10009223203
We match individual senators’ voting behavior on legislative proposals with 24 real referenda decisions on exactly the same issues with identical wording. This setting allows us to evaluate the median voter model’s quality with revealed constituents’ preferences. Results...
Persistent link: https://www.econbiz.de/10009223204
We assess the effect of constituents’ preferences on legislators’ decisions within a quasiexperimental setting: In the Swiss referendum process, citizens and legislators reveal their preferences for legislative proposals. We match roll call votes of all Swiss legislators on 102...
Persistent link: https://www.econbiz.de/10009321863
Electoral systems determine the role party affiliations play in political representation. According to conventional expectations, politicians’ party affiliations should influence political representation when they are elected by proportional representation. In contrast, majoritarian...
Persistent link: https://www.econbiz.de/10009646021
We analyze whether female or male members of parliament adhere more closely to citizens’ revealed preferences with quasi-experimental data. By matching individual representatives’ voting behavior on legislative proposals with real referenda outcomes on the same issues, we identify...
Persistent link: https://www.econbiz.de/10009646022
Public debts capitalize into property prices. Therefore, property owners tend to favor tax over debt financing for government spending. In contrast, tenants do not suffer from debt capitalization. Thus, they tend to favor debt over tax financing. Our model of the resulting democratic fight...
Persistent link: https://www.econbiz.de/10005808605
Rational individuals know that present government debts transform into higher future taxes. The Ricardian equivalence implies that the burden of the debt is not shifted between generations because of compensating intergenerational transfers. While the assumptions for Ricardian equivalence to...
Persistent link: https://www.econbiz.de/10005808616
This paper investigates the robustness of 31 community speci?c explanatory variables for house prices in the Swiss metropolitan area of Zurich using Bayesian Model Averaging. The main variables which capitalize with a high posterior prob- ability are location speci?c real estate characteristics,...
Persistent link: https://www.econbiz.de/10004999121
We exploit a natural measure of congruence between politicians and their constituency' bnm bnnb fgvhjuis preferences to directly quantify the extent of legislative shirking and evaluate the mechanism of the median voter model. The median voter model explains the behavior of politicians with...
Persistent link: https://www.econbiz.de/10010690314
We compare the votes of parliamentary representatives and their constituents on a popular initiative that directly aimed at weakening the separation of powers in 1922 in Switzerland. We analyze whether the strength of individual ties to the public service affect the probability of voting for the...
Persistent link: https://www.econbiz.de/10010690318