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Despite the growing public debate on fiscal surprise during election periods in jurisdictions where the democratic … study provides evidence from the dynamic system GMM and the ordinry least squares estimators to show that- (1) election … servicing commitments even in election periods. Policy recommendations are provided in line with the growing levels of debt …
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results of the system GMM revealed that the fiscal deficit is significantly large in election years and the deficit spending … spills into the year after the election, though not as high as in the election year. We could not, however, find a … significant effect in the pre-election year. In addition, we found evidence suggesting that though democracy significantly lowers …
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I examine the provision of free and fair elections using a decision-theoretic model in which election observers provide … a noisy information signal concerning fraud. Monitoring an election is not always worth the cost and so democracy is not … fair elections are a public good, municipal election fraud result from Tiebout provision of this local public good. I offer …
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establish an independent election governing institution? Assuming that a ruler prefers to maintain her power, basically she has … such a case, a ruler has an incentive to establish an independent election commission to avoid unnecessary collisions by …
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