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model. We define survival of a crisis as being successful in a critical vote in the parliament. We develop a general … probabilistic model of political crises and test it empirically. We find that during crises, parties in the parliament are likely to …
Persistent link: https://www.econbiz.de/10012019199
We study Virginia's suffrage from the early 17th century until the American Revolution using an analytical narrative and econometric analysis of unique data on franchise restrictions. First, we hold that suffrage changes reflected labour market dynamics. Indeed, Virginia’s liberal institutions...
Persistent link: https://www.econbiz.de/10011543173
Constitutional Amendment, the adoption of which lifted the immunity of 132 of the 550 members of the Turkish Parliament, we find that … immunity from prosecution impacts how the Members of the Parliament (MPs) act and perform their duties in the Parliament … diligent in the Parliament (drafting fewer pieces of legislation, initiating fewer investigation inquiries, delivering fewer …
Persistent link: https://www.econbiz.de/10012517500
There exists a long-standing debate about the influence of ideology in economics. Surprisingly, however, there is no …
Persistent link: https://www.econbiz.de/10012133338
may generate an ideological backlash that puts a higher premium on traditional values. We apply the theory to numerous …
Persistent link: https://www.econbiz.de/10011641551
remain obstinately blind to them, embracing a statist ideology and voting for an excessively large government. Conversely, an …-faire ideology and blind faith in the invisible hand. With public-sector capital, this interplay of beliefs and institutions leads to … dissenting views, even when ex-post everyone would prefer to ignore unwelcome news. -- Ideology ; statism ; laissez …
Persistent link: https://www.econbiz.de/10003684460
expose different areas of the polity to controlled informational treatments about the valence and ideology of the incumbent … ideology. We find that both valence and ideological messages affect the first and second moments of the belief distribution …, but only campaigning on valence brings more votes to the incumbent. With respect to ideology, cross-learning occurs, as …
Persistent link: https://www.econbiz.de/10009730833
hinges on the dominance of its ideologically closer party and, in general, the coalition/opposition blocks of parties under … un-enforced party or coalition/opposition discipline. Such dominance is defined in terms of ideological inclination … weighted by power. Our second result clarifies how the success of an interest group hinges on the dominance of its ideology in …
Persistent link: https://www.econbiz.de/10009675135
influence can lead to degenerative research programs. -- ideology ; macroeconomic modelling ; self-confirming equilibria …
Persistent link: https://www.econbiz.de/10009683154
We argue that anti-corruption laws may provide an efficiency rationale for why political parties should meddle in the distribution of political nominations and government contracts. Anti-corruption laws forbid trade in spoils that politicians distribute. However, citizens may pay for gaining...
Persistent link: https://www.econbiz.de/10003253456