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candidate to win an election, even though his main agenda item (i.e., postal privatization) is strongly opposed by special …
Persistent link: https://www.econbiz.de/10010381044
This paper studies the economic and political effects of a large trade shock in agriculture – the grain invasion from the Americas – in Prussia during the first globalisation (1871-1913). We show that this shock accelerated the structural change in the Prussian economy through migration of...
Persistent link: https://www.econbiz.de/10012629608
This paper studies the economic and political effects of a large trade shock in agriculture – the grain invasion from the Americas – in Prussia during the first globalization (1871-1913). We show that this shock accelerated the structural change in the Prussian economy through migration of...
Persistent link: https://www.econbiz.de/10012648044
development of business. I use state election months as indicators of times of high political uncertainty. The results show that … optimistic prior to state elections because politicians promised individual policies to gratify the firms' needs during election … times. Firms might be disappointed after elections as the promises made during election campaigns by politicians turn out to …
Persistent link: https://www.econbiz.de/10011542240
distress is 30 percent lower in the year directly preceding an election. Using the electoral cycle as an instrument, we show …
Persistent link: https://www.econbiz.de/10011456861
IMC. IMC agreements are less likely to emerge in election years when municipalities face low cost pressure while the …
Persistent link: https://www.econbiz.de/10011977933
The political business cycle theories describe that election-motivated politicians manipulate economic policy …-making. Election cycles occur in many fiscal variables, for example tax rates. I examine whether electoral motives influence communal … municipalities from seven states over the period 1992-2006. The results show that municipalities increase communal fees in election …
Persistent link: https://www.econbiz.de/10011980328
local councils appoint the head of government. We examine election outcomes around the quorum, where the form of government …
Persistent link: https://www.econbiz.de/10011997535
German state elections. We define election information shocks as deviations of actual AfD vote shares from pre-election polls …
Persistent link: https://www.econbiz.de/10012063656
German voters in the 2019 European election showed remarkable regional differences in their voting behavior. The Green …
Persistent link: https://www.econbiz.de/10012064236