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along two dimensions of unobservable character: public spirit (altruism toward others) and honesty (the disutility suffered …
Persistent link: https://www.econbiz.de/10013038435
What are the consequences of electing a female leader for policy and political outcomes? We answer this question in the context of U.S. cities, where women's participation in mayoral elections increased from negligible numbers in 1970 to about one-third of the elections in the 2000's. We use a...
Persistent link: https://www.econbiz.de/10013117391
We analyze a model in which voters are uncertain about the policy preferences of candidates. Two forces affect the probability of electoral success: proximity to the median voter and campaign contributions. First, we show how campaign contributions affect elections. Then we show how the...
Persistent link: https://www.econbiz.de/10012759100
We demonstrate that personal connections amongst politicians have a significant impact on the voting behavior of U ….S. politicians. Networks based on alumni connections between politicians, as well as common seat locations on the chamber floor, are …
Persistent link: https://www.econbiz.de/10013137309
We employ a regression discontinuity design based on close elections to estimate the rents from a seat in the U.S. congress between 1850-1880. Using census data, we compare wealth accumulation among those who won or lost their first race by a small margin. We find evidence of significant returns...
Persistent link: https://www.econbiz.de/10013117869
We propose a new game theoretic approach to modeling large elections that overcomes the "paradox of voting" in a costly voting framework, without reliance on the assumption of ad hoc preferences for voting. The key innovation that we propose is the adoption of a "smooth" policy rule under which...
Persistent link: https://www.econbiz.de/10013120312
When voters fear that politicians may have a right-wing bias or that they may be influenced or corrupted by the rich … right. Truly right-wing politicians respond by choosing more moderate, or even left-of-center policies. This populist bias … polarization between the policy preferences of the median voter and right-wing politicians; when politicians are indeed more likely …
Persistent link: https://www.econbiz.de/10013121061
, we rule out a range of alternative explanations for differential earnings of politicians and a relevant control group …
Persistent link: https://www.econbiz.de/10013106303
We apply unique loan level data from New Century Financial Corporation, a major subprime lender, to assess whether attributes of Congressional Representatives were associated with access to and pricing of subprime mortgage credit. Research findings indicate higher likelihoods of subprime loan...
Persistent link: https://www.econbiz.de/10013083387
political selection among the universe of municipal politicians and national legislators in Sweden, using extraordinarily rich … characterize an “inclusive meritocracy.” First, politicians are on average significantly smarter and better leaders than the … selection between competence and social representation, mainly due to strong positive selection of politicians of low (parental …
Persistent link: https://www.econbiz.de/10012963759