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When do politicians appeal broadly? : the economic consequences of electoral rules in Brazil
Chin, Moya - 2021
two rounds of voting to elect a winner, ensuring that the eventual winner obtains at least 50% of the vote. Theoretically …
Persistent link: https://www.econbiz.de/10012796797
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Corruption, Competition, and Contracts : A Model of Vote Buying
Vardy, Felix J. J. - 2006
In the presence of competing interest groups, this paper examines how the form of votebuying contracts affects policy outcomes. We study contracts contingent upon individual votes, policy outcomes, and/or vote shares. Voters either care about their individual votes, or about the policy outcome....
Persistent link: https://www.econbiz.de/10014404237
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Populism and civil society
Boeri, Tito; Mishra, Prachi; Papageorgiou, Chris; … - 2018
less for populist parties? 2)does membership in associations decrease when populist parties are in power? We answer … already has a long history of populists in power. The main findings are that individuals belonging to associations are less …
Persistent link: https://www.econbiz.de/10011978365
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Budget Processes and Commitment to Fiscal Discipline
International Monetary Fund - 1996
This paper develops a political-economy model of the budget process focusing on the common pool problem of the public budget. We show that the externality arising from the fact that public spending tends to be targeted at individual groups in society while the tax burden is widely dispersed...
Persistent link: https://www.econbiz.de/10014398060
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Austerity and elections
Alesina, Alberto; Ciminelli, Gabriele; Furceri, Davide; … - 2021
Conventional wisdom holds that voters punish governments that implement fiscal austerity. Yet, most empirical studies, which rely on ex-post yearly austerity measures, do not find supportive evidence. This paper revisits the issue using action-based, real-time, ex-ante measures of fiscal...
Persistent link: https://www.econbiz.de/10012613677
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Do fiscal rules cause fiscal discipline over the electoral cycle?
Eklou, Kodjovi M.; Joanis, Marcelin - 2019
This paper estimates the causal effect of fiscal rules on political budget cycles in a sample of 67 developing countries over the period 1985-2007. We exploit the geographical pattern in the adoption of fiscal rules to isolate an exogenous source of variation in the adoption of national fiscal...
Persistent link: https://www.econbiz.de/10012155128
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Electoral System and Public Spending
Perotti, Roberto - 2001
We study the effects of electoral institutions on the size and composition of public expenditure in OECD and Latin American countries. We present a model emphasizing the distinction between purchases of goods and services, which are easier to target geographically, and transfers, which are...
Persistent link: https://www.econbiz.de/10014399700
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Institutional Inertia
Valderrama, Laura - 2009
institutional change in a context of technological innovation. When decisions are made through majority voting, the vote on … technology choice is used to influence the later vote on the sharing rule. We show how this dynamic voting generates a systematic … leads the firm to an institutional trap whereby majority voting and inefficient technology choice reinforce each other …
Persistent link: https://www.econbiz.de/10014402460
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Dynamic Incentives and the Optimal Delegation of Political Power
Le Borgne, Eric - 2007
This paper proposes a theory to explain why a politician delegates policy tasks to a technocrat in an independent … opinion. One natural application of the theory is in the field of monetary policy where the model provides a new theory of …
Persistent link: https://www.econbiz.de/10014400341
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Political costs of tax-based consolidations
Chen, Chuling; Dabla-Norris, Era; Rappaport, Jay; … - 2019
This paper studies the impact of tax-based consolidations on reelection outcomes. Using a granular database of tax-based consolidations for a panel of 10 OECD countries over the last 40 years, we find that tax reforms are politically costly but some reforms are costlier than others. Measures...
Persistent link: https://www.econbiz.de/10012155198