Showing 1 - 10 of 409
A defining feature of public sector employment is the regular change in elected leadership. Yet, we know little about how elections influence careers. We describe how elections can alter policy outputs and disrupt civil servants' influence over agency decisions, potentially shaping their career...
Persistent link: https://www.econbiz.de/10012977612
This chapter uses happiness data to assess the quality of government. Our happiness data are drawn from the Gallup … generally over 1,500 national-level observations, we show that government delivery quality is significantly correlated with … national happiness, but democratic quality is not. We also analyze other quality of government indicators. Confidence in …
Persistent link: https://www.econbiz.de/10013322663
In a cross-section of countries, government regulation is strongly negatively correlated with social capital. We … document this correlation, and present a model explaining it. In the model, distrust creates public demand for regulation …, while regulation in turn discourages social capital accumulation, leading to multiple equilibria. A key implication of the …
Persistent link: https://www.econbiz.de/10012757998
Despite evidence to the contrary, three common myths persist about federal regulations. The first myth is that many regulations concern the environment, but in fact only a small minority of regulations are environmental. The second myth is that most regulations contain quantitative estimates of...
Persistent link: https://www.econbiz.de/10013313254
We study the competitive forces that shaped ideological diversity in the US press in the early twentieth century. We find that households preferred like-minded news and that newspapers used their political orientation to differentiate from competitors. We formulate a model of newspaper demand,...
Persistent link: https://www.econbiz.de/10013103522
expose different areas of the polity to controlled informational treatments about the valence and ideology of the incumbent … ideology. We find that both valence and ideological messages affect the first and second moments of the belief distribution …, but only campaigning on valence brings more votes to the incumbent. With respect to ideology, cross-learning occurs, as …
Persistent link: https://www.econbiz.de/10013082775
The political left turn in Latin America, which lagged its transition to liberalized market economies by a decade or more, challenges conventional economic explanations of voting behavior. This paper generalizes the forward-looking voter model to a broad range of dynamic, non-concave income...
Persistent link: https://www.econbiz.de/10013074913
We estimate institutional investor preferences based on their proxy voting records in publicly listed Russell 3000 firms. We employ a spatial model of proxy voting, the W-NOMINATE method for scaling legislatures, and map institutional investors onto a left-right dimension based on their votes...
Persistent link: https://www.econbiz.de/10012889476
pairwise difference in ideology groups' connection patterns satisfy a condition known as the Chernoff-Hellinger divergence … categorize the ideological affiliations of the political committees, our estimates match the self reported ideology for 94.36% of …
Persistent link: https://www.econbiz.de/10012941159
confirms an economically significant demand for news slanted toward one's own political ideology. Firms respond strongly to …
Persistent link: https://www.econbiz.de/10012760521