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We analyse a standard pivotal-voter model under majority rule, with two rival groups of players, each preferring one of two public policies and simultaneously deciding whether to cast a costly vote, as in Palfrey and Rosenthal (1983). We allow the benefit of the favorite public policy to...
Persistent link: https://www.econbiz.de/10012846907
In this note, we characterize the equilibria of the standard pivotal-voter participation game between two groups of voters of asymmetric sizes, as originally proposed by Palfrey and Rosenthal [1983. A strategic calculus of voting. Public Choice. 41, 7-53]
Persistent link: https://www.econbiz.de/10012935191
Campaign expenditures are not effective in increasing candidates vote shares if voters do not respond to the advertisement when they believe that campaign expenditures are financed with tainted money. In this situation, limiting contributions may reduce the number of policy favors that...
Persistent link: https://www.econbiz.de/10011509494
Do established parties change political institutions to disadvantage smaller, nonmainstream parties if the latters ́electoral prospects improve? We study this question with a natural experiment from the German federal state of Hesse. The experiment is the abolishment of an explicit electoral...
Persistent link: https://www.econbiz.de/10010505165
Do established parties change political institutions to disadvantage smaller, non-mainstream parties if the latters' electoral prospects improve? We study this question with a natural experiment from the German federal State of Hesse. The experiment is the abolishment of an explicit electoral...
Persistent link: https://www.econbiz.de/10010484319
What is the impact of campaign spending on votes? Does it vary across election types and across political parties? Estimating these effects requires comprehensive data on spending across candidates, parties and elections, as well as identification strategies that successfully deal with the...
Persistent link: https://www.econbiz.de/10012899983
Campaign expenditures are not effective in increasing candidates' vote shares if voters do not respond to the advertisement when they believe that campaign expenditures are financed with "tainted money." In this situation, limiting contributions may reduce the number of policy favors that...
Persistent link: https://www.econbiz.de/10013319739
This volume includes five self-contained chapters in the fields of public debt and fiscal transfer schemes. After an introduction to the topic, chapter 2 shows that the institutional setting of fiscal policy making needs to be considered when assessing the sustainability of fiscal policy. Using...
Persistent link: https://www.econbiz.de/10011698353
We use a fractionally cointegrated vector autoregressive model to examine the relationship between Canadian political support and macroeconomic conditions. This model is well suited for the analysis because it allows multiple fractional time series and admits simple asymptotic inference for the...
Persistent link: https://www.econbiz.de/10010364647
In this paper we perform an empirical analysis to investigate the impact of socio-economic heterogeneity on electoral turnout. We exploit a unique dataset on local elections in an Italian municipality, which merges information on socio-economic characteristics of about 370,000 individuals with...
Persistent link: https://www.econbiz.de/10013045917