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government policy presents some degree of inertia, i.e. a new government cannot completely change the policy implemented by the … incumbent. When the policy inertia is strong enough, no party can win the election a consecutive infinite number of times. …
Persistent link: https://www.econbiz.de/10010312370
We show how introducing a time discount factor can strengthen some results given in [Soubeyran R. (2006) "When Inertia …
Persistent link: https://www.econbiz.de/10005094888
This paper examines the evolution of public policies before the scheduled political elections based on the government responses to the Covid pandemic. The results of an event study in a sample of countries that experienced political elections during the first year of the pandemic suggest that...
Persistent link: https://www.econbiz.de/10014377518
We analyze the impact of a rise in protectionism on environmental regulation. Using the 2018 US-China trade war as a quasi-natural experiment, we find that higher exposure to tariffs leads to less stringent regulation targets in China, increasing air pollution and carbon emissions. Politically...
Persistent link: https://www.econbiz.de/10014540336
This paper aims to shed additional light on the existence of opportunistic and partisan political-business cycles in the Brazilian economy over the 1996-2016 period. To that end, it relies on two different approaches: (I) an Oaxaca model in the spirit of Blinder and Watson (2016); and (II) a...
Persistent link: https://www.econbiz.de/10013205143
We analyze the impact of a rise in protectionism on environmental regulation. Using the 2018 US-China trade war as a quasi-natural experiment, we find that higher exposure to tariffs leads to less stringent regulation targets in China, increasing air pollution and carbon emissions. Politically...
Persistent link: https://www.econbiz.de/10014414143
In this paper, we unveil targeted repression against journalists as an elaborate strategy used by modern autocrats to mitigate the risk of mass protests during autocratic elections-a common threat to their rule. Repression is deployed to discipline the media before elections to secure favorable...
Persistent link: https://www.econbiz.de/10015211482
This paper aims to shed additional light on the existence of opportunistic and partisan political-business cycles in the Brazilian economy over the 1996-2016 period. To that end, it relies on two different approaches: (I) an Oaxaca model in the spirit of Blinder and Watson (2016); and (II) a...
Persistent link: https://www.econbiz.de/10012818003
In this paper, we unveil targeted repression against journalists as an elaborate strategy used by modern autocrats to mitigate the risk of mass protests during autocratic elections—a common threat to their rule. Repression is deployed to discipline the media before elections to secure...
Persistent link: https://www.econbiz.de/10015339415
This paper examines the evolution of public policies before the scheduled political elections based on the government responses to the Covid pandemic. The results of an event study in a sample of countries that experienced political elections during the first year of the pandemic suggest that...
Persistent link: https://www.econbiz.de/10014310050