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Reputation shocks and strategic responses in electoral campaigns

Poblete Cazenave, Rubén - 2021

Information affecting a candidate's reputation might have significant electoral consequences. Do candidates respond to the release of information? Using Brazilian elections and audits as an exogenous source of information, I show that both incumbent and challenger increase their campaign...

Persistent link: https://www.econbiz.de/10012545128

Do polls create momentum in political competition?

Denter, Philipp; Sisak, Dana - 2013 - This version: October 2013

We explore how public opinion polls affect candidates' campaign spending in political competition. Generally, polls …

Persistent link: https://www.econbiz.de/10010224792

Punching above one's weight : the case against election campaigns

Haan, Marco; Los, Bart; Onderstal, Sander; Riyanto, … - 2010

Politicians differ in their ability to implement some policy. In an election, candidates make commitments regarding the plans they will try to implement if elected. These serve as a signal of true ability. In equilibrium, candidates make overambitious promises. The candidate with the highest...

Persistent link: https://www.econbiz.de/10011380750

Macroprudential regulation : a risk management approach

Dimitrov, Daniel; Wijnbergen, Sweder van - 2023

We address the problem of regulating the size of banks' macroprudential capital buffers by using market-based estimates of systemic risk and by developing a modeling mechanism through which capital buffers can be allocated efficiently across systemic banks. First, a Distance-to-Default type...

Persistent link: https://www.econbiz.de/10013489714

The transaction costs perspective on costs and benefits of government regulation

Butter, Frank A. G. den; Graaf, Marc de; Nijsen, André F. - 2009

regulation by taking all transaction costs into account which stem from the principal/agent relationship between regulatory … regulated entities – part of these costs can be regarded as the administrative burden of regulation for the private sector – but … society due to e.g. miscommunication on the aims of regulation, and are, of course, hard to quantify. A cost calculation using …

Persistent link: https://www.econbiz.de/10011377583

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

Does campaign finance imply political favors?

Claessens, Stijn; Feijen, Erik; Laeven, Luc - 2006

This paper provides empirical evidence that campaign contributions arestrongly associated with market expectations of future firm-specific political favors,including preferential access to external financing. Using a novel dataset, we find thatfirms in Brazil providing contributions in the 1998...

Persistent link: https://www.econbiz.de/10011348347