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Bank ownership and financial stability
Perotti, Enrico C.; Vorage, Marcel - 2010
Persistent link: https://www.econbiz.de/10003973321
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Transmission of government spending shocks in the Euro area : time variation and driving forces
Kirchner, Markus; Cimadomo, Jacopo; Hauptmeier, Sebastian - 2010
This paper provides new evidence on the effects of government spending shocks and the fiscal transmission mechanism in the euro area for the period 1980-2008. Our contribution is two-fold. First, we investigate changes in the macroeconomic impact of government spending shocks using time-varying...
Persistent link: https://www.econbiz.de/10011380027
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Contracting out, an empirical study on motives
Wassenaar, Mattheus C.; Groot, Thomas L.; Gradus, Raymond - 2010
Municipalities may have various motives for decisions on the mode of their task execution. Empirical studies – based on both public choice and transaction costs theory - have not yet provided a fully comprehensive explanation for municipal contracting out decisions. Therefore, we held...
Persistent link: https://www.econbiz.de/10011382498
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Efficiency effects of privatising refuse collection : be careful and alternatives present
Dijkgraaf, Elbert; Gradus, Raymond - 2011
Persistent link: https://www.econbiz.de/10009720723
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On the size of the winning set in the presence of interest groups
Sadiraj, Vjollca; Tuinstra, Jan; Winden, Frans A. A. M. van - 2005
Interest groups are introduced in a spatial model of electoral competition between two political parties. We show that the presence of these interest groups increases the winning set, which is the set of policy platforms for the challenger that will defeat the incumbent. Therefore interest...
Persistent link: https://www.econbiz.de/10011343278
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The political economy of corporate control
Perotti, Enrico C.; Thadden, Ernst-Ludwig von - 2005
In a democracy, a political majority can influence both the corporategovernance structure and the return to human and financial capital.We argue that when financial wealth is sufficiently diffused, thereis political support for a strong governance role for dispersed equitymarket investors, and...
Persistent link: https://www.econbiz.de/10011346462
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The political economy of financial fragility
Feijen, Erik; Perotti, Enrico C. - 2005
followed by financial crises. We explain this variation as the outcome of lobbying interests capturing the reform process. Even … by more leveraged entrepreneurs, protecting more established producers. As a result, lobbying may deliberately worsen …
Persistent link: https://www.econbiz.de/10011348359
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The impact of lobbying on the allocation of political authority
Falconieri, Sonia - 2001
This paper studies the internal organizational design of politicalinstitutions in presence of lobbying. We consider a … of the feasible policies.In this context, we investigate the impact of lobbying on the optimalallocation of political … as the choicebetween two alternative legislative rules: open versus closed rule.We show that, in presence of lobbying …
Persistent link: https://www.econbiz.de/10011317444
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What to put on and that to keep off the table? A politician's choice of which issues to address
Sayag, Rei S.; Swank, Otto H. - 2012
Persistent link: https://www.econbiz.de/10009724339
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The impact of lobbying on the allocation of political authority
Falconieri, Sonia - 2001
Persistent link: https://www.econbiz.de/10001606725