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constituents during times of low media attention to politics. Combining data on campaign finance donations made by individuals and …. Importantly, the latter effect is significantly larger when there is less attention on politics. Thereby, we draw on exogenous …
Persistent link: https://www.econbiz.de/10011949175
affect, via a lobbying process, the choice of public policy. We also consider how interest groups and lobbying activities …
Persistent link: https://www.econbiz.de/10009620941
When policymakers and private agents use models, the economists who design the model have an incentive to alter it in order to influence outcomes in a fashion consistent with their own preferences. I discuss some consequences of the existence of such ideological bias. In particular, I analyze...
Persistent link: https://www.econbiz.de/10009683154
Driven by an ever-growing number of studies that explore the effectiveness of institutional mechanisms meant to mitigate cooperation problems, recent years have seen an increasing interest in the endogenous implementation of these institutions. In this paper, we test within a unified framework...
Persistent link: https://www.econbiz.de/10010414346
This paper investigates the role that idiosyncratic uncertainty plays in shaping social preferences over the degree of labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves over time as a Geometric Brownian motion. A key result...
Persistent link: https://www.econbiz.de/10003719624
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
We use a new machine learning-enabled, social network based measurement technique to assemble a novel dataset of firms' political connections in India. Leveraging this data along with a long panel of detailed financial transactions of firms, we study how political connections matter during an...
Persistent link: https://www.econbiz.de/10014278644
, we gain consistent evidence in favour of claims (b) and (c). -- European Union ; panel analysis ; partisan theory …
Persistent link: https://www.econbiz.de/10003095430
equilibrium predictions. -- Redistribution ; double auction ; elections ; lobbying …
Persistent link: https://www.econbiz.de/10003910210
We experimentally study the influence of local information conditions on elite capture and social exclusion in community-based development schemes with heterogeneous groups. Not only information on the distribution of aid resources through community-based schemes, but also information on who...
Persistent link: https://www.econbiz.de/10003754910