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This paper introduces macroeconomic forecasters as political agents and suggests that they use their forecasts to influence voting outcomes. We develop a probabilistic voting model in which voters do not have complete information about the future states of the economy and have to rely on...
Persistent link: https://www.econbiz.de/10011990008
This paper introduces macroeconomic forecasters as political agents and suggests that they use their forecasts to in uence voting outcomes. We develop a probabilistic voting model in which voters do not have complete information about the future states of the economy and have to rely on...
Persistent link: https://www.econbiz.de/10011984037
Persistent link: https://www.econbiz.de/10014483839
Persistent link: https://www.econbiz.de/10011325793
Within the broad ongoing review of the legislation of the European road haulage market the European Commission presented in May 2017 several proposals to clarify the regulation of the market, especially market access, driving and rest periods, and the application of the posted workers directive....
Persistent link: https://www.econbiz.de/10012301160
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consumers from the two countries form one market. We show that the subsidy is positive also when it fails to prevent the exit … exit is prevented, allocative and productive efficiencies are lower and the only gaining player is the rescued firm. …
Persistent link: https://www.econbiz.de/10010383044
' inflation aversion and exit costs. …
Persistent link: https://www.econbiz.de/10010492336
The vast majority of federations lack exit clauses. Existing theoretical explanations of this stylized fact focus on … that in the case of the EU, an exit-voice logic lies at the basis of Article 50. More generally, in heterogeneous (quasi …-)federations formed through voluntary accession, prospective members may require an exit right in order to join, especially if they will …
Persistent link: https://www.econbiz.de/10011884402
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