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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
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
Several recent education reform measures, including the federal No Child Left Behind Act (NCLB), couple school choice with accountability measures to allow parents of children in under-performing schools the opportunity to choose higher-performing schools. We use the introduction of NCLB in the...
Persistent link: https://www.econbiz.de/10012760220
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
Analyses of the effects of election outcomes on the economy have been hampered by the problem that economic outcomes … exogenous changes in expectations about the likely winner during Election Day. Analyzing high frequency financial fluctuations … following the release of flawed exit poll data on Election Day 2004, and then during the vote count, we find that markets …
Persistent link: https://www.econbiz.de/10012761726
I estimate the effects of changing an ascriptive characteristic on a market outcome while keeping the average amount of information unchanged. Taking advantage of candidates' multiple appearances in elections to office in a professional association and of the presence of different photographs...
Persistent link: https://www.econbiz.de/10012761919
Political future markets, in which investors bet on election outcomes, are often thought a recent invention. Such … back to 16th Century Italy, 18th Century Britain, and 19th Century United States. In the United States, election betting …
Persistent link: https://www.econbiz.de/10012770098
election would have been more competitive due to the absence of herding and that alternative sequential structures would have …
Persistent link: https://www.econbiz.de/10012751725
after, the election. Changes in vote choice are concomitant to shifts in salient issues and beliefs about candidates, while …
Persistent link: https://www.econbiz.de/10012857735
can affect voter turnout and election outcomes. We do so using historical data on more than 2,000 races in Florida and … small effect on turnout. Similarly, we also show under a range of conservative assumptions that very few election results … or critics were true, strict identification laws are unlikely to have a meaningful impact on turnout or election outcomes …
Persistent link: https://www.econbiz.de/10012863693