when state elections occurred relative to the average investment ratio in years with no state election. Firms however seem …

firm owners are optimistic regarding their expected business development before state elections. After state elections … optimistic prior to state elections because politicians promised individual policies to gratify the firms' needs during election … times. Firms might be disappointed after elections as the promises made during election campaigns by politicians turn out to …

than in other years, indicating that perceived corruption in the public sector increased before elections. The effect is … especially pronounced before early elections (1.0 points) compared to regular elections (0.4 points). Future research needs to … investigate why perceived corruption in the public sector increased before elections. …

is not mirrored in national elections, indicating that voters do not extend their frustration to a higher level. The … decline in voter turnout in state elections is rather short-living. This suggests that while voters may initially react to …

state and federal elections. We examine whether being involved in the scandal influenced re-election prospects and voter … elections. Voters did not appear to punish the incumbent government because the reigning CSU endorses Bavarian identity and …

strategically engaged in creative accounting before regular elections so as to sugarcoat the budget balance. I also provide an …

influenced the public discourse about the social political platform of the conservative party. National elections took place in …