Showing 1 - 10 of 1,963
We compare single round vs runoff elections under plurality rule, allowing for partly endogenous party formation. Under runoff elections, the number of political candidates is larger, but the influence of extremist voters on equilibrium policy and hence policy volatility are smaller, because the...
Persistent link: https://www.econbiz.de/10013076816
insurance against income uncertainty. This insurance comes at the expense of efficiency loss due to labor supply distortions … efficiency gains. However, prior research financed the transitory costs of the reform by taxing consumption. We show that in the …
Persistent link: https://www.econbiz.de/10014084040
The ability of groups to implement efficiency-enhancing institutions is emerging as a central theme of research in … economics. This paper explores voting on a scheme of intergroup competition which facilitates cooperation in a social dilemma … situation. Experimental results show that the competitive scheme fosters cooperation. Competition is popular but also that the …
Persistent link: https://www.econbiz.de/10013104948
In this paper we investigate the effect of family connections to politicians on individuals' labor market outcomes. We combine data for Italy over almost three decades from longitudinal social security records on a random sample of around 1 million private sector employees with the universe of...
Persistent link: https://www.econbiz.de/10012995594
We provide a comprehensive analysis of the short- and medium-term effects of gender quotas in candidate lists using evidence from Spain, where quotas were introduced in 2007 in municipalities with more than 5,000 inhabitants, and were extended in 2011 to municipalities with more than 3,000...
Persistent link: https://www.econbiz.de/10012950914
We exploit a discontinuity in Brazilian municipal election rules to investigate whether political competition has a … achieves a majority of the votes. We show that the possibility of runoff increases political competition. We use the … discontinuity as a source of exogenous variation to infer causality from political competition to fiscal policy. Our results suggest …
Persistent link: https://www.econbiz.de/10013149609
This paper analyzes the occurrence of political budget cycles in 604 West German cities between 1975 and 2007. Due to the idiosyncratic timing of state and local elections, the budgetary changes before elections at two tiers of the federalist government can be separately estimated and can also...
Persistent link: https://www.econbiz.de/10013028186
We study the fiscal and tax response to intergovernmental grants, exploiting quasi-experimental variation within Germany's fiscal equalization scheme triggered by Census revisions of official population counts. Municipal budgets do not adjust instantly. Instead, spending and investments adapt...
Persistent link: https://www.econbiz.de/10014357255
How does international trade affect the popularity of governments and leaders? The recent backlash against globalization renders this question extremely topical. Yet, most previous work has looked for political effects of aggregate trade flows without decomposing into particular types of...
Persistent link: https://www.econbiz.de/10012839064
the impact of a negative shock affecting every strata of the population, such as the development of COVID-19, on …
Persistent link: https://www.econbiz.de/10014083947