Showing 1 - 10 of 14
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
In this paper we demonstrate that legislation has a simple, yet previously undetected impact on firm stock prices. While it is understood that the government and firms have an important relationship, it remains difficult to determine which firms any given piece of legislation will affect, and...
Persistent link: https://www.econbiz.de/10013102187
highly likely, to make necessarily general policy on the basis of unwarranted assumptions about the typicality of one or a …
Persistent link: https://www.econbiz.de/10013151132
A large literature has documented relationships between state clean indoor air laws (SCIALs) and smoking …-related outcomes in the US. These laws vary within states over time and across venues such as schools, government buildings, and bars …-experimental models indicate robust effects of SCIALs restricting smoking in bars: these laws significantly increased the presence of …
Persistent link: https://www.econbiz.de/10013151383
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
affected and builds up the overall index from 17 categories of regulation; the number of pages of laws; appropriations for …
Persistent link: https://www.econbiz.de/10012758595
This paper examines the relationship between the concentration of political power in legislative bargaining and the predictability of the process governing the recognition of legislators. Our main result establishes that, for a broad class of legislative bargaining games, if the recognition...
Persistent link: https://www.econbiz.de/10013056192
We develop a theory of taxation and the distribution of government spending in a citizen-candidate model of legislatures. Individuals are heterogeneous in two dimensions: productive ability in the private sector and negotiating ability in politics. When these are positively correlated, rich...
Persistent link: https://www.econbiz.de/10012928313
In this paper, we study the extent to which social connections influence the legislative effectiveness of members of the U.S. Congress. We propose a new model of legislative effectiveness that formalizes the role of social connections and generates simple testable predictions. The model predicts...
Persistent link: https://www.econbiz.de/10013233350
While the theoretical literature on non-cooperative legislative bargaining has grown voluminous, there is little empirical work attempting to test a key prediction in this literature: proposal power is valuable. This paper aims to fill this gap in the literature by investigating the role of...
Persistent link: https://www.econbiz.de/10013233902