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equilibrium predictions. -- Redistribution ; double auction ; elections ; lobbying …' policy choices by transferring money to them. We observe very high levels of redistribution - even when transfers to …
Persistent link: https://www.econbiz.de/10003910210
We examine the impact of political turnover on economic performance in a setting of largely unanticipated political change and profoundly weak institutions: the 2004 Orange Revolution in Ukraine. Exploiting census-type panel data on over 7,000 manufacturing enterprises, we find that the...
Persistent link: https://www.econbiz.de/10010410297
Can autocracies and their associated institutions successfully implement economic policies that promote growth and investment? Can 'good economics' somehow offset the effects of 'bad' politics? Kazakhstan is a case where an autocratic regime has actively projected market-friendly policies and...
Persistent link: https://www.econbiz.de/10012589873
German separation in 1949 into a communist East and a capitalist West and their reunification in 1990 are commonly described as a natural experiment to study the enduring effects of communism. We show in three steps that the populations in East and West Germany were far from being randomly...
Persistent link: https://www.econbiz.de/10012182599
Business and politician interaction is pervasive but has mostly been analysed with a binary approach. Yet the network dimensions of such connections are ubiquitous. We use a unique dataset for seven economies that documents politically exposed persons (PEPs) and their links to companies,...
Persistent link: https://www.econbiz.de/10011853617
political power at the expenses of the median voter. In particular, investments in lobbying activities allow the rich to obtain … variable taxes and lobbying. In addition, it is established the existence of a transitional dynamics featuring convergence to a … balanced growth path, characterized by constant taxes and lobbying (and a constant growth rate of consumption and capital …
Persistent link: https://www.econbiz.de/10014461501
power of landowner relationship networks and lobbying behaviour on successfully gaining value-enhancing rezoning. A State …
Persistent link: https://www.econbiz.de/10010516454
the constituent ethnic groups. Our theory highlights the role of the local elite in lobbying for policies which favour … coordination costs across ethnic groups are relevant in determining the equilibrium lobbying behaviour. This results in ethnic …
Persistent link: https://www.econbiz.de/10012430676
across sectors, attracting substantial lobbying efforts by special interest groups. Yet, the link between structural change … and lobbying remains underexplored. Using more than 150 years of data on parliamentary petitions in USA and Britain, we … measure historical lobbying and document several stylized facts. First, lobbying over industrial policies follows a hump …
Persistent link: https://www.econbiz.de/10014545117
We study interactions between progressive labor taxation and social security reform. Increasing longevity puts fiscal … strain that necessitates the social security reform. The current social security is redistributive, thus providing (at least … partial) insurance against idiosyncratic income shocks, but at the expense of labor supply distortions. A reform which links …
Persistent link: https://www.econbiz.de/10012888436