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Reputation shocks and strategic responses in electoral campaigns
Poblete Cazenave, Rubén - 2021
the release of information? Using Brazilian elections and audits as an exogenous source of information, I show that both … competitiveness of elections and, therefore, candidates' spending. Only information disclosed prior to electoral campaigns impacts …
Persistent link: https://www.econbiz.de/10012545128
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Polarization, information collection and electoral control
Dominguez-Martinez, Silvia; Swank, Otto H. - 2004
We identify the conditions under which voters can induce political parties to collect information and to select policies which are optimal from the representative voter’s point of view. We show that when parties are office motivated the voting rule should encourage parties to collect...
Persistent link: https://www.econbiz.de/10011334829
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Why do policy makers stick to inefficient decisions?
Dur, Robert A. J. - 1999 - This draft: June 1999
This paper offers an explanation for why policy makers stick to inefficient policy decisions. I argue that repealing a policy is a bad signal to voters about the policy maker's competence if voters do not have complete knowledge about the effects of implemented policies. I derive the optimal...
Persistent link: https://www.econbiz.de/10011301144
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Do elections lead to informed public decisions?
Swank, Otto H.; Visser, Bauke - 2003
and implement public policies, we show that examination takes place in spite of, rather than thanks to, elections …. Elections are needed as a carrot and a stick to motivate politicians, yet politicians who are overly interested in re …
Persistent link: https://www.econbiz.de/10011334365
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How polarization and political instability affect learning through experimentation
Ossokina, Ioulia V.; Swank, Otto H. - 2001
elections (exogenous elections) andthe decision is salient and the election outcome depends on it (endogenous elections).We show …. Furthermore, in contrast to the existing literature, wedemonstrate that, when elections are exogenous, polarization between … political parties does not always decreaseactive learning. In the case with endogenous elections we find that electoral concerns …
Persistent link: https://www.econbiz.de/10011316875
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The optimal degree of polarization
Ossokina, Ioulia V.; Swank, Otto H. - 2001
In the literature on electoral politics full convergence of policy platforms is usually regarded as socially optimal. Thereason is that risk-averse voters prefer a sure middle-of-the-road policy to a lottery of two extremes with the sameexpectation. In this paper we study the normative...
Persistent link: https://www.econbiz.de/10011317465
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Voting from abroad : assessing the impact of local turnout on migrants' voting behavior
Dev, Divya; Poblete-Cazenave, Rubén; Toppeta, Alessandro - 2021
Over 150 countries allow expatriate citizens to vote in their country of origin. Yet, little is known about their voting behavior and how this is affected by host countries. Using unique micro-data on Chilean expatriates living in Europe, we study how the host country's turnout affects...
Persistent link: https://www.econbiz.de/10012650135
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From two heads to one : the short-run effects of the recentralization of political power in rural China
Marie, Olivier; Post, Thomas; Ye, Zihan; Zou, Xiaopeng - 2024 - This version: June 2024
The consequences of granting democratic rights to citizens in otherwise authoritarian regimes has been extensively studied. Much less is know about the implications of retracting these rights when a government wants to recentralize power. Autonomous governance in rural China, introduced in the...
Persistent link: https://www.econbiz.de/10014541855
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The political economy of financial systems
Haber, Stephen H.; Perotti, Enrico C. - 2008
This survey reviews the literature on the political economy of financial structure, broadly defined to include the size of capital markets and banking systems as well as the distribution of access to external finance across firms.The theoretical literature on the institutional basis for...
Persistent link: https://www.econbiz.de/10011374399
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Bank ownership and financial stability
Perotti, Enrico C.; Vorage, Marcel - 2010
We study a politician's choice for state or private control of banks. The choice trades of lobbying contributions against social welfare, weighted by political accountability.Politicians facing few constraints prefer state control to maximize their rents. As state banks are less efficient, at...
Persistent link: https://www.econbiz.de/10011380029