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Are optimistic expectations keeping the Chinese happy?

Frijters, Paul; Liu, Amy Y.C.; Meng, Xin - In: Journal of Economic Behavior & Organization 81 (2012) 1, pp. 159-171

In this paper we study the effect of optimistic income expectations on life satisfaction amongst the Chinese population … strong in the countryside and amongst rural-to-urban migrants. The importance of these expectations for life satisfaction is … particularly pronounced in the urban areas, though also highly significant for the rural area. If expectations were to reverse from …

Persistent link: https://www.econbiz.de/10010597452

Political environment and foreign direct investment: Evidence from OECD countries

Wisniewski, Tomasz P.; Pathan, Saima K. - In: European Journal of Political Economy 36 (2014) C, pp. 13-23

This paper examines the role that political factors play in the investment location decisions of multinational enterprises. It has been found that foreign direct investors shy away from countries with excessive government spending, especially when this spending is directed towards the military....

Persistent link: https://www.econbiz.de/10010939871

Interest-group size and legislative lobbying

Schneider, Maik T. - In: Journal of Economic Behavior & Organization 106 (2014) C, pp. 29-41

We develop a model of legislative decision making in which lobbying and public policy are jointly determined. We examine how policy outcomes depend on the sizes of the interest groups. While a larger size typically involves favorable effects on policy, we also identify threshold levels of...

Persistent link: https://www.econbiz.de/10010930947

The perfect finance minister: Whom to appoint as finance minister to balance the budget

Jochimsen, Beate; Thomasius, Sebastian - In: European Journal of Political Economy 34 (2014) C, pp. 390-408

The role and influence of the finance minister within the cabinet are discussed with increasing prominence in the theoretical literature on the political economy of budget deficits. It is generally assumed that the spending ministers can enhance their reputation purely with new or more extensive...

Persistent link: https://www.econbiz.de/10010931429

What triggers reforms in OECD countries? Improved reform measurement and evidence from the healthcare sector

Wiese, Rasmus - In: European Journal of Political Economy 34 (2014) C, pp. 332-352

The main contribution of this paper is the development of a novel and versatile methodology to identify economic reforms. The methodology is a combination of the Bai & Perron structural break filter, and validation of the structural breaks identified using de jure evidence of reforms. The...

Persistent link: https://www.econbiz.de/10010931434

A theory of ethnic diversity and income distribution: A legislative bargaining approach

Tsuchimoto Menkyna, Fusako - In: European Journal of Political Economy 34 (2014) C, pp. 52-67

In this paper, I examine how the two dimensions of income inequality and ethnic diversity affect the formation of political coalitions and the reallocation of income. I construct a legislative bargaining model to analyze when coalitions form along the income dimension and when it forms along the...

Persistent link: https://www.econbiz.de/10010931437

Capitalism and labor shares: A cross-country panel study

Young, Andrew T.; Lawson, Robert A. - In: European Journal of Political Economy 33 (2014) C, pp. 20-36

We examine the empirical relationship between the institutions of economic freedom and labor shares in a panel of up to 93 countries covering 1970 through 2009. We find that a standard deviation increase in the Fraser Institute's Economic Freedom of the World (EFW) score is associated with about...

Persistent link: https://www.econbiz.de/10010931438

Value and Crisis Theory in the 'Great Recession'

Desai, Radhika; Freeman, Alan - Volkswirtschaftliche Fakultät, … - 2011

This is a prepublication version of an article which appeared in the World Review of Political Economy. Please cite as Desai, R. and A. Freeman. 2001. ‘Value and Crisis Theory in the “Great Recession”’. World Review of Political Economy. Vol 2 No. 1, Spring 2011. Pp 35-47. This article...

Persistent link: https://www.econbiz.de/10011258893

Political Economy of Electricity Subsidy: Evidence from Punjab

Jain, Varinder - Volkswirtschaftliche Fakultät, … - 2006

The electricity subsidy distribution pattern needs to be scrutinised to assess whether the policy benefits small producers, a normative argument often made while granting any input subsidy. In Punjab, this policy is found to ignore equity considerations while granting non-discriminatory...

Persistent link: https://www.econbiz.de/10005836201

The performance of four possible rules for selecting the Prime Minister after the Dutch Parliamentary elections of June 2010

Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2010

Economic policy depends not only on national elections but also on coalition bargaining strategies. In coalition government, minority parties bargain on policy and form a majority coalition, and select a Prime Minister from their mids. In Holland the latter is done conventionally with Plurality,...

Persistent link: https://www.econbiz.de/10008530713