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Institutional constraints to counter potential abuses in the use of political power have been viewed as essential to well functioning political institutions and good public policy outcomes in the Western World since the time of ancient Greece. A sophisticated intellectual tradition emerged to...
Persistent link: https://www.econbiz.de/10014226113
Using cross-sectional data from 93 countries, we investigate the relationship between the desired level of redistribution among citizens from different socioeconomic backgrounds and the actual extent of government redistribution. Our focus on redistribution arises from the inherent class...
Persistent link: https://www.econbiz.de/10014447295
We conduct parallel surveys of legislators and citizens in three countries to study their tolerance for corruption. In Italy, Colombia, and Pakistan legislators and citizens respond similarly to hypothetical scenarios involving trade-offs between, for example, probity and efficiency: both...
Persistent link: https://www.econbiz.de/10015056149
This paper combines new data and a narrative approach to identify shocks to political pressure on the Federal Reserve. From archival records, I build a data set of personal interactions between U.S. Presidents and Fed officials between 1933 and 2016. Since personal interactions do not...
Persistent link: https://www.econbiz.de/10014544739
This study examines the rise of private health insurance in the United States in the post- World War II era. We investigate the role of the American Medical Association (AMA) which financed a campaign against National Health Insurance that was directed by the country's first political public...
Persistent link: https://www.econbiz.de/10014544762
We study the role of firms' political influence on the effectiveness of government spending using ARRA as a laboratory. Through an IV approach, we show that a 10 percentage points increase in the share of politically connected spending lowers the job creation effect of stimulus by 33 percent at...
Persistent link: https://www.econbiz.de/10014576603
We propose a general equilibrium model where two special interest groups (SIGs) compete to influence public opinion. Citizens with heterogeneous priors over a binary state of the world receive reports drawn from a continuous message space by a variety of sources. The two opposite SIGs attempt to...
Persistent link: https://www.econbiz.de/10014322801
This paper studies the manipulation of electoral maps by political parties, known as gerrymandering. At the core of our analysis is the recognition that districts must have the same population size but only voters matter for electoral incentives. Using a novel model of gerrymandering that allows...
Persistent link: https://www.econbiz.de/10014322829
increased political spending spurring political competition and the adoption of pro-growth policies. These policies benefit a …
Persistent link: https://www.econbiz.de/10014322868
In theory, free and fair elections can improve the selection of politicians and incentivize them to exert effort. In practice, incumbency advantage and coordination issues may lead to the (re)election of bad politicians. We ask whether these two forces compound each other. Using a regression...
Persistent link: https://www.econbiz.de/10013435103