Similar Search Results

Is Leisure a Normal Good? Evidence from the European Parliament

Mocan, Naci H. - 2011

Prior to July 2009, salaries of the members of the European Parliament were paid by their home country and there were … each member of the Parliament is pegged to 38.5% of a European Court judge's salary, paid by the EU. This created an … are independent of attendance to the Parliament. Using detailed information on each parliamentarian of the European …

Persistent link: https://www.econbiz.de/10013121058

Committee Jurisdiction, Congressional Behavior and Policy Outcomes

de Figueiredo, John M. - 2011

The literature on congressional committees has largely overlooked the impact of jurisdictional fights on policy proposals and outcomes. This paper develops a theory of how legislators balance the benefits of expanded committee jurisdiction against preferred policy outcomes. It shows why a)...

Persistent link: https://www.econbiz.de/10013123305

Congressional Influence as a Determinant of Subprime Lending

Gabriel, Stuart - 2013

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

Party Influence in Congress and the Economy

Snowberg, Erik C. - 2006

To understand the extent to which partisan majorities in Congress influence economic policy, we compare financial market responses in recent midterm elections to Presidential elections. We use prediction markets tracking election outcomes as a means of precisely timing and calibrating the...

Persistent link: https://www.econbiz.de/10012778979

No Kin in the Game : Moral Hazard and War in the U.S. Congress

McGuirk, Eoin - 2017

Why do wars occur? We exploit a natural experiment to test the longstanding hypothesis that leaders declare war because they fail to internalize the associated costs. We test this moral hazard theory of conflict by compiling data on 9,210 children of 3,693 U.S. legislators who served in Congress...

Persistent link: https://www.econbiz.de/10012946027

Endogenous Social Connections in Legislatures

Battaglini, Marco - 2019

We present a model of the U.S. Congress in which social connections among Congress members are endogenous and matter for their legislative activity. We propose a novel equilibrium concept for the network formation game that allows for a sharp characterization of equilibrium behavior and that...

Persistent link: https://www.econbiz.de/10012867899

Political Borders and Bank Lending in Post-Crisis America

Chavaz, Matthieu - 2016

We use spatial discontinuities associated with congressional district borders to identify the effect of political influences on American banks' lending. We show that recipients of the 2008 public capital injection program (TARP) increased mortgage and small business lending by 23% to 60% more in...

Persistent link: https://www.econbiz.de/10012979366

Gender Differences in Cooperative Environments? Evidence from the U.S. Congress

Gagliarducci, Stefano - 2016

This paper uses data on bill sponsorship and cosponsorship in the U.S. House of Representatives to estimate gender differences in cooperative behavior. We employ a number of econometric methodologies to address the potential selection of female representatives into electoral districts with...

Persistent link: https://www.econbiz.de/10012985581

Storable Votes and Judicial Nominations in the U.S. Senate

Casella, Alessandra - 2014

We model a procedural reform aimed at restoring a proper role for the minority in the confirmation process of judicial nominations in the U.S. Senate. We analyze a proposal that would call for nominations to the same level court to be collected in periodic lists and voted upon individually with...

Persistent link: https://www.econbiz.de/10013047407

Credibility and Policy Convergence : Evidence from U.S. House Roll Call Voting Records

Lee, David; Moretti, Enrico; Butler, Matthew J. - 2021

Traditional models of politician behavior predict complete or partial policy convergence, whereby electoral competition compels partisan politicians to choose positions more moderate than their most-preferred policies. Alternatively, if politicians cannot overcome the inability to make binding...

Persistent link: https://www.econbiz.de/10013223563