Showing 1 - 10 of 554
To understand the extent to which partisan majorities in Congress influence economic policy, we compare financial market responses in recent midterm elections to Presidential elections. We use prediction markets tracking election outcomes as a means of precisely timing and calibrating the...
Persistent link: https://www.econbiz.de/10012465910
We study vote trading among U.S. Congress members. By tracking roll-call votes within bills across five legislatures and politicians' personal connections made during the school years, we document a propensity of connected legislators to vote together that depends on how salient the bill is to...
Persistent link: https://www.econbiz.de/10014250186
Prior to July 2009, salaries of the members of the European Parliament were paid by their home country and there were … each member of the Parliament is pegged to 38.5% of a European Court judge's salary, paid by the EU. This created an … are independent of attendance to the Parliament. Using detailed information on each parliamentarian of the European …
Persistent link: https://www.econbiz.de/10012461329
In this paper we document the impact of immigration at the regional level on Europeans' political preferences as expressed by voting behavior in parliamentary or presidential elections between 2007 and 2016. We combine individual data on party voting with a classification of each party's...
Persistent link: https://www.econbiz.de/10012480728
This article develops a method for quantitatively tracking the agenda of the British Parliament--by which I mean the …
Persistent link: https://www.econbiz.de/10013210049
We present a model of the U.S. Congress in which social connections among Congress members are endogenous and matter for their legislative activity. We propose a novel equilibrium concept for the network formation game that allows for a sharp characterization of equilibrium behavior and that...
Persistent link: https://www.econbiz.de/10012479937
This paper links the theory of interest groups influence over the legislature with that of congressional control over the judiciary. The resulting framework reconciles the theoretical literature of lobbying with the negative available evidence on the impact of lobbying over legislative outcomes,...
Persistent link: https://www.econbiz.de/10012467366
The Brazilian Constitution of 1988 gave relatively strong powers to the President. We model and test Executive-Legislative relations in Brazil and demonstrate that Presidents have used pork as a political currency to exchange for votes on policy reforms. In particular Presidents Cardoso and Lula...
Persistent link: https://www.econbiz.de/10012467412
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/10012468163
Traditional models of politician behavior predict complete or partial policy convergence, whereby electoral competition compels partisan politicians to choose positions more moderate than their most-preferred policies. Alternatively, if politicians cannot overcome the inability to make binding...
Persistent link: https://www.econbiz.de/10012469391