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Despite evidence that modern democracies systematically shortchange public investment goods, relatively little theoretical work exists to explain this phenomenon. We build on Baron and Ferejohn's (American Political Science Review, 83(4) (1989) 1181--1206) bargaining model to describe public...
Persistent link: https://www.econbiz.de/10014140583
We examine the relationship between parliamentary seats and cabinet posts in European governments between 1946 and 2001. Our specification improves on past studies in two respects. First, it derives and uses the voting weights of the underlying coalition formation games. This reduces the...
Persistent link: https://www.econbiz.de/10014076279