Showing 1 - 10 of 21
before the election. Our empirical results suggest that our model performs at least as well and often better than alternative …
Persistent link: https://www.econbiz.de/10013124600
implicitly delivers a novel method for estimating the impact of campaign spending on election outcomes: we find that an …
Persistent link: https://www.econbiz.de/10012773176
The 1896 presidential election between William Jennings Bryan and William McKinley has gained new salience in the wake … indicate that bank entry would have had to be very significantly slower to tip the election. There is no question that economic … election …
Persistent link: https://www.econbiz.de/10012945612
We evaluate the effects of the duration of legislative terms on the performance of legislators. We exploit a natural experiment in the Argentine House of Representatives where term lengths were assigned randomly. Results for various objective measures of legislative output show that longer terms...
Persistent link: https://www.econbiz.de/10012758131
Prior to elections, governments (at all levels) frequently undertake a consumption binge. Taxes are cut, transfers are raised, and government spending is distorted towards highly visible items. The quot;political business cyclequot; (better be thought of as quot;the political budget cyclequot;)...
Persistent link: https://www.econbiz.de/10012760226
favor of them? We argue that re-election motives can lead politicians to take a pro-gun stance against the interests of an … them when they approach re-election. We test the predictions of the model by analyzing votes on gun-related legislation in … the U.S. Senate, in which one third of the members are up for re-election every two years. We find that senators are more …
Persistent link: https://www.econbiz.de/10013051757
elected MPs are more likely to switch parties after an election if they faced electoral uncertainty and experienced a narrowly …-won victory. The tendency to switch parties goes up as it becomes more lucrative to hold the post of MP. The impact of election … in the Parliament is slim). Politicians switch parties after an election to improve their ex-ante re-election probability …
Persistent link: https://www.econbiz.de/10013017932
This paper analyzes the effort allocation choices of incumbent politicians when voters are uncertain about politician preferences. There is a pervasive incentive to "posture" by over-providing effort to pursue divisive policies, even if all voters would strictly prefer to have a consensus policy...
Persistent link: https://www.econbiz.de/10013018308
The introduction of a new real estate taxes in Italy in 2011 generated a natural experiment, which is useful to test political budget cycles, i.e. the strategic choice of fiscal variables in relation to elections. We do find substantial evidence of political budget cycles, with municipalities...
Persistent link: https://www.econbiz.de/10013045647
general election is an endogenous policy variable in a parliamentary system. Thus, one of the interesting questions in a …
Persistent link: https://www.econbiz.de/10013218913