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Parochial politics is typically associated with poor leadership and low levels of public good provision. This paper explores the possibility that community involvement in politics need not necessarily worsen governance and, indeed, can be efficiency-enhancing when the context is appropriate....
Persistent link: https://www.econbiz.de/10005777968
. In a large electorate, the numerical advantage of the majority becomes irrelevant: democracy is undone by the market. …
Persistent link: https://www.econbiz.de/10011252333
James Michael Curley, a four-time mayor of Boston, used wasteful redistribution to his poor Irish constituents and incendiary rhetoric to encourage richer citizens to emigrate from Boston, thereby shaping the electorate in his favor. Boston as a consequence stagnated, but Curley kept winning...
Persistent link: https://www.econbiz.de/10005710665
Using data on elections to the United States House of Representatives (1946-1998), this paper exploits a quasi-experiment generated by the electoral system in order to determine if political incumbency provides an electoral advantage - an implicit first-order prediction of principal-agent...
Persistent link: https://www.econbiz.de/10005774786
We construct a fully specified extensive form game that captures competitive markets with adverse selection. In particular, it allows firms to offer any finite set of contracts, so that cross-subsidization is not ruled out. Moreover, firms can withdraw from the market after initial contract...
Persistent link: https://www.econbiz.de/10010885305
Most countries exhibit large and persistent geographical differences in wages, income and unemployment rates. A growing class of "place based" policies attempt to address these differences through public investments and subsidies that target disadvantaged neighborhoods, cities or regions. Place...
Persistent link: https://www.econbiz.de/10010887109
Partisanship seems to affect factual beliefs about politics. For example, Republicans are more likely than Democrats to say that the deficit rose during the Clinton administration; Democrats are more likely to say that inflation rose under Reagan. We investigate whether such patterns reflect...
Persistent link: https://www.econbiz.de/10010950829
ethnic fragmentation as a main driver of political and social friction in Africa, the paper further details the construction …
Persistent link: https://www.econbiz.de/10011271404
This paper presents new evidence on the power sharing layout of national political elites in a panel of African countries, most of them autocracies. We present a model of coalition formation across ethnic groups and structurally estimate it employing data on the ethnicity of cabinet ministers...
Persistent link: https://www.econbiz.de/10011272296
We construct a model of revolution and transition to democracy under an individualistic and a collectivist culture. The … culture are more likely to end up adopting democracy faster than countries with a collectivist culture. Our instrumental … democracy, even after controlling for other determinants of democracy emphasized in the literature. We provide evidence that …
Persistent link: https://www.econbiz.de/10011266640