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Keep your Enemies Closer : Strategic Platform Adjustments during U.S. and French Elections

Di Tella, Rafael; Kotti, Randy; Le Pennec-Çaldichoury, … - National Bureau of Economic Research - 2023

A key tenet of representative democracy is that politicians' discourse and policies should follow voters' preferences … local elections, 1958-2022. We first show that candidates tend to converge to the center of the ideology and complexity … focusing on elections in which they narrowly win their primary (in the U.S.) or narrowly qualify for the runoff (in France …

Persistent link: https://www.econbiz.de/10014322890

Vanishing Third World Emigrants?

Hatton, Timothy J. - 2009

This paper documents a stylized fact not well appreciated in the literature. The Third World has been undergoing an emigration life cycle since the 1960s, and, except for Africa, emigration rates have been level or even declining since a peak in the late 1980s and the early 1990s. The current...

Persistent link: https://www.econbiz.de/10012463862

Persecution and Migrant Self-Selection : Evidence from the Collapse of the Communist Bloc

Abramitzky, Ran; Baseler, Travis; Sin, Isabelle - National Bureau of Economic Research - 2022

How does persecution affect who migrates? We analyze migrants' self-selection out of the USSR and its satellite states before and after the collapse of Communism using census microdata from the three largest destination countries: Germany, Israel, and the United States. We find that migrants...

Persistent link: https://www.econbiz.de/10013334422

Why Did Putin Invade Ukraine? A Theory of Degenerate Autocracy

Egorov, Georgij V.; Sonin, Konstantin - National Bureau of Economic Research - 2023

Many, if not most, personalistic dictatorships end up with a disastrous decision such as Hitler's attack on the Soviet Union, Hirohito's government launching a war against the United States, or Putin's invasion of Ukraine in February 2022. Even if the decision is not ultimately fatal for the...

Persistent link: https://www.econbiz.de/10014250204

McCarthyism, Media, and Political Repression : Evidence from Hollywood

Tan, Hui Ren; Wang, Tianyi - National Bureau of Economic Research - 2024

We study a far-reaching episode of demagoguery in American history. From the late 1940s to 1950s, anti-communist hysteria led by Senator Joseph McCarthy and others gripped the nation. Hundreds of professionals in Hollywood were accused of having ties with the communist. We show that these...

Persistent link: https://www.econbiz.de/10014635645

Hobbesian Wars and Separation of Powers

Li, Weijia; Roland, Gérard; Xie, Yang - National Bureau of Economic Research - 2023

This paper formalizes the principle that persecution power of government may generate violent contests over it. We show that this principle yields a large set of theoretical insights on different separation-of-powers institutions that can help to preempt such contests under different...

Persistent link: https://www.econbiz.de/10014226142

Party Discipline and Pork Barrel Politics

Grossman, Gene M. - 2005

Polities differ in the extent to which political parties can pre-commit to carry out promised policy actions if they take power. Commitment problems may arise due to a divergence between the ex ante incentives facing national parties that seek to capture control of the legislature and the ex...

Persistent link: https://www.econbiz.de/10012467285

Are Policy Platforms Capitalized into Equity Prices? Evidence from the Bush/Gore 2000 Presidential Election

Knight, Brian - 2004

This paper tests for the capitalization of policy platforms into equity prices using a sample of 70 firms favored under Bush or Gore platforms during the 2000 U.S. Presidential Election. Two sources of daily data during the six months leading up to the election are incorporated: firm-specific...

Persistent link: https://www.econbiz.de/10012468359

Unbundling Polarization

Canen, Nathan - 2018

This paper investigates the determinants of political polarization, a phenomenon of increasing relevance in Western democracies. How much of polarization is driven by divergence in the ideologies of politicians? How much is instead the result of changes in the capacity of parties to control...

Persistent link: https://www.econbiz.de/10012480761

Corporate Political Spending and State Tax Policy : Evidence from Citizens United

Slattery, Cailin R.; Tazhitdinova, Alisa; Robinson, Sarah - National Bureau of Economic Research - 2022

corporations to spend on elections in 23 states which previously had spending bans. Ten years after the ruling and for a wide range …

Persistent link: https://www.econbiz.de/10013362006