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A new view into political business cycles: Household expenditures in Albania
Kächelein, Holger; Imami, Drini; Lami, Endrit - 2008
before elections, but no significant changes in inflation and GDP, as theory predicts, we analyze the peoples' expectations …
Persistent link: https://www.econbiz.de/10010300813
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Elections related cycles in publicly supplied goods in Albania
Kächelein, Holger; Lami, Endrit; Imami, Drini - 2010
The phenomena of manipulation of the economy by the incumbent for electoral purpose are called Political Business Cycles (PBC), introduced by Nordhaus (1975). Using policy control economic instruments, as fiscal and monetary instruments, government may manipulate the economy to gain electoral...
Persistent link: https://www.econbiz.de/10010300840
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Politics and the Stock Market: Evidence from Germany
Pierdzioch, Christian; Döpke, Jörg - 2004
We analyze the interaction of stock market movements and politics in Germany. In contrast to the empirical evidence available for the U.S., we do not find that German stock market returns tend to be higher during liberal than during conservative governments. Also in contrast to results for the...
Persistent link: https://www.econbiz.de/10010260493
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Outside income and moral hazard: the elusive quest for good politicians
Gagliarducci, Stefano; Nannicini, Tommaso; Naticchioni, … - 2008
empirical evidence shows that bad but dedicated politicians come along with good but not fully committed politicians. There is …
Persistent link: https://www.econbiz.de/10010268534
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Electoral rules and politicians' behavior: a micro test
Gagliarducci, Stefano; Nannicini, Tommaso; Naticchioni, … - 2008
Theory predicts that the majoritarian electoral system should produce more targeted redistribution and lower … politicians' rents than proportional representation. We test these predictions using micro data for the mixed-member Italian House …
Persistent link: https://www.econbiz.de/10010268580
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Should the EU have a president with two hats? (Pro and contra) : yes
Crum, Ben - In: CESifo Forum 03 (2002) 4, pp. 19-20
Persistent link: https://www.econbiz.de/10011695711
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Should the EU have a president with two hats? (Pro and contra) : no
Brok, Elmar - In: CESifo Forum 03 (2002) 4, pp. 21-22
Persistent link: https://www.econbiz.de/10011695712
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What to put on and what to keep off the Table? A Politician's Choice of which Issues to address
Sayag, Rei S.; Swank, Otto H. - 2012
At the start of their term, politicians often announce which issue they intend to address. To shed light on this agenda … addressing an issue means that the status quo is maintained. Politicians differ in their ability to make correct decisions. They … that politicians and voters have different priors concerning the desirability of a major reform. We show that electoral …
Persistent link: https://www.econbiz.de/10010326387
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Political Particularism around the World
Wallack, Jessica Seddon; Gaviria, Alejandro; Panizza, Ugo; … - 2002
individual politicians can further their careers by appealing to narrow geographic constituencies on the one hand, or party …
Persistent link: https://www.econbiz.de/10010327167
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Toimihenkilöiden työ- ja palkkaurat Suomen teollisuudessa
Jokinen, Juha-Pekka - 2009
of job mobility and theories of wage and promotion dynamics inside firms are combined with the human capital theory. The …
Persistent link: https://www.econbiz.de/10010272986