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Vote-buying is widely used by parties in developing countries to influence the outcome of elections. We examine the impact of vote-buying on growth. We consider a model with a poverty trap where redistribution can promote growth. We show that vote-buying contributes to the persistence of poverty...
Persistent link: https://www.econbiz.de/10003762209
Vote-buying is widely used by parties in developing countries to influence the outcome of elections. We examine the impact of vote-buying on growth. We consider a model with a poverty trap where redistribution can promote growth. We show that vote-buying contributes to the persistence of poverty...
Persistent link: https://www.econbiz.de/10011753158
Vote-buying is widely used by parties in developing countries to influence the outcome of elections. We examine the impact of vote-buying on growth. We consider a model with a poverty trap where redistribution can promote growth. We show that vote-buying contributes to the persistence of poverty...
Persistent link: https://www.econbiz.de/10005626707
difficulties of particular democracies to function properly confront democracy with a new series of challenges and opportunities … democracy. We survey a long period in the quest for such new forms and point to next inventions for such forms. We suggest to … experiment with new ways for democracy to extend the choice of democratic processes that can be implemented in real …
Persistent link: https://www.econbiz.de/10013465693
Persistent link: https://www.econbiz.de/10011409981
Motivated by insufficient fiscal discipline in democracy, we introduce and examine “Catenarian Discipline Rules”. An …
Persistent link: https://www.econbiz.de/10014456455
Persistent link: https://www.econbiz.de/10012229121
model of political competition with costly policy reforms. The cost of a marginal reform is determined endogenously at the …
Persistent link: https://www.econbiz.de/10013337980
"Pendular Voting" presents a novel two-stage voting procedure: A randomly chosen citizen group votes on a proposal replacing the status quo. Depending on the outcome, a "counterproposal" ensues, that is closer to/further away from the status quo than the original proposal. All citizens vote...
Persistent link: https://www.econbiz.de/10015359046
model of political competition with costly policy reforms. The cost of a marginal reform is determined endogenously at the …
Persistent link: https://www.econbiz.de/10013346919