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election mechanism with these contracts is a new idea to make politicians more accountable. Two types of incentive contracts … Verträge sollen die durch die Wahl ausgeübte Kontrolle der Politiker unterstützen.Es werden zwei Arten von Anreizverträgen …
Persistent link: https://www.econbiz.de/10009476167
the maintenance of a fixed exchange rate regime. Another political factor is electoral: as an election approaches, the … of a country’s currency peg. An impending election increases the conditional likelihood of staying on a peg by about 8 … percent, while the aftershock of an election conversely increases the conditional probability of going off a peg by 4 percent. …
Persistent link: https://www.econbiz.de/10009443326
This article analizes the 26 October 1997 Argentinian elections (partial renewal of the lower chamber) from a … historical-comparative perspective. The article also examines the consequences of the elections results on the development of the …
Persistent link: https://www.econbiz.de/10009476191
We consider misconceptions about the functioning of the economy as one possible explanation for the emergence of crises in democracies. Furthermore, we study a political process which may lead to successful reform. First of all, we show that voters can make inefficient decisions concerning...
Persistent link: https://www.econbiz.de/10009476265
The dissertation offers an analysis of the role of budgetary institutions on the determination of fiscal outcomes. In the second chapter I provide a theoretical model that rationalizes differences in fiscal outcomes of two countries that are supposed to obey the same set of numerical constraints...
Persistent link: https://www.econbiz.de/10009450941
Diese kumulative Dissertation besteht aus drei Abschnitten. I. Geopolitics, Aid and Growth Wir untersuchen den Effekt kurzfristiger politischer Motive auf die Effektivität von Entwicklungshilfe. Dabei testen wir, ob der Effekt der Hilfe auf Wirtschaftswachstum reduziert wird durch den Anteil...
Persistent link: https://www.econbiz.de/10011288105
Spanish elections in which two parties tie in the number of seats. The party with slightly more general ... …
Persistent link: https://www.econbiz.de/10012530583
No one would argue that the economy in the United States has been faltering in recent years; due in part to global factors, and even with stimulus plans offered by the Federal Government, there is increased burden on states to find forms of revenue. More and more, states must compete not only...
Persistent link: https://www.econbiz.de/10009455869
Die Staatsverschuldung vieler industrialisierter Länder hat seit Anfang der siebziger Jahre drastisch zugenommen. Zwar waren die meisten Länderhaushalte in der Zeit vom Ende des Zweiten Weltkriegs bis in die frühen siebziger Jahre durch eine deutliche Abnahme der Staatsverschuldung...
Persistent link: https://www.econbiz.de/10009471835
This dissertation contributes to the theoretical understanding of the determinants and consequences of productive government activity for the economic performance of a country’s economy. Chapter 2 gives a comprehensive survey of the recent theoretical literature on the link between productive...
Persistent link: https://www.econbiz.de/10009476199