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We formulate a model to explain why the lack of political competition may stifle economic performance and use the United States as a testing ground for the model’s predictions, exploiting the 1965 Voting Rights Act which helped break the near monpoly on political power of the Democrats in...
Persistent link: https://www.econbiz.de/10010439365
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
Using actual voting records of simultaneous elections held for Indian federal and regional assemblies -- where same political parties contest against each other in both type of elections -- we identify swing voters. We find that the representatives supported by swing voters outperform...
Persistent link: https://www.econbiz.de/10012970508
We study the determinants of voting outcomes on the provision of public consumption through marginal income taxes in the context of the simple linear growth model. We provide analytical results on how the dynamic politicoeconomic equilibrium maps the economic fundamentals to policies and...
Persistent link: https://www.econbiz.de/10014066719
In dieser Dissertation wird die Wechselwirkung zwischen der Wirtschaft und den Wahlen, Politikern und Politik untersucht. Um die Wähler über die Folgen ihrer Wahlentscheidung zu informieren, ist das Verständnis der Dreiecksbeziehung zwischen der Wirtschaft, den politischen Akteuren und den...
Persistent link: https://www.econbiz.de/10014327360
Investigating the strategic advantage of negatively interdependent preferences in action monotonic games, we derive characterizing conditions both for general action monotonic games and for the subclass of action monotonic games with spillovers. Examples demonstrate the generality of our...
Persistent link: https://www.econbiz.de/10003891788
The UK's decision to leave the EU continues to have major economic, political and social implications. It is therefore unsurprising that the reasons behind Brexit have been widely discussed. However, whilst existing empirical evidence has tended to focus on specific factors, we undertake a...
Persistent link: https://www.econbiz.de/10014495579
In the period after the break of the Great Recession a series of drastic changes in the political systems of many affected countries occurred: the predominant role of systemic parties in forming political outcomes was challenged and many previously non-systemic voices gained significant...
Persistent link: https://www.econbiz.de/10012972120
Using actual voting records of simultaneous elections held for Indian federal and regional assemblies-where same political parties contest against each other in both type of elections we identify non-committed voters. These are split ticket voters who vote for different parties in two different...
Persistent link: https://www.econbiz.de/10012947738
Higher economic growth was generated during Democratic presidencies compared to Republican presidencies in the United States. The question is why. Blinder and Watson (2016) explain that the Democratic-Republican presidential growth gap (D-R growth gap) can hardly be attributed to the policies...
Persistent link: https://www.econbiz.de/10012952476