Showing 1 - 10 of 447
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
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
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
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
, subsequent elections. Since both candidates lost the election and had similar electoral performance, this is the effect of being …
Persistent link: https://www.econbiz.de/10013051749
this paper we develop a unique micro-dataset on public works procurement from two fast-growing economies, India and … Indonesia, and use regional and time variation in the adoption of e-procurement across both countries to examine its impact. We … improvements. In India, where we observe an independent measure of construction quality, e-procurement improves the average road …
Persistent link: https://www.econbiz.de/10013033032
We examine the effect of regime change on privatization using the 2004 election surprise in India. The pro-reform BJP …
Persistent link: https://www.econbiz.de/10012759805
We develop a theoretical framework in which political and economic cycles are jointly determined. These cycles are driven by three political economy frictions: policymakers are non-benevolent, they cannot commit to policies, and they have private information about the tightness of the government...
Persistent link: https://www.econbiz.de/10013100994
We study the mechanisms through which the adoption of the Euro delayed, rather than advanced, economic reforms in the Euro zone periphery and led to the deterioration of important institutions in these countries. We show that the abandonment of the reform process and the institutional...
Persistent link: https://www.econbiz.de/10013084731