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This paper offers an explanation for why policy makers stick to inefficient policy decisions. I argue that repealing a policy is a bad signal to voters about the policy maker's competence if voters do not have complete knowledge about the effects of implemented policies. I derive the optimal...
Persistent link: https://www.econbiz.de/10011301144
and implement public policies, we show that examination takes place in spite of, rather than thanks to, elections …. Elections are needed as a carrot and a stick to motivate politicians, yet politicians who are overly interested in re …
Persistent link: https://www.econbiz.de/10011334365
We present a modified citizen-candidate model where the implemented policy arises from a compromise between the government and an unelected external power. We show that the two-candidate equilibria of this model differ significantly from the original: however small the cost of candidacy, the...
Persistent link: https://www.econbiz.de/10010505157
Information affecting a candidate's reputation might have significant electoral consequences. Do candidates respond to … the release of information? Using Brazilian elections and audits as an exogenous source of information, I show that both … incumbent and challenger increase their campaign spending when detrimental information affects the incumbent's reputation …
Persistent link: https://www.econbiz.de/10012545128
We study the efficient allocation of spending and taxation authority in a federation in which federal politicians are exposed to electoral uncertainty. We show that centralization may, but need not, result in a loss of electoral accountability. We identify an important asymmetry between positive...
Persistent link: https://www.econbiz.de/10003965864
threshold. Thus, the median voters' ideal policy may not obtain in contested elections if policy control is imperfect, even when … the cost of running as a candidate is arbitrarily small. -- elections ; polarization ; strategic delegation ; bureaucracy …
Persistent link: https://www.econbiz.de/10009571743
describing the role of elections and explaining policy choices. In our model, politicians differ in their motives of running … if unseated. This finding exhibits the disciplining function of elections. A striking result in our paper is that bad …
Persistent link: https://www.econbiz.de/10011343267
Italian municipal elections held from 1993 to 2011. We firstly estimate a municipal fixed effects model and show that an …
Persistent link: https://www.econbiz.de/10010344923
experiment is the abolishment of an explicit electoral threshold (the so called "five percent hurdle") for local elections in … elections, but local politicians from large mainstream parties had the ability to adjust municipal political institutions in …
Persistent link: https://www.econbiz.de/10010505165
information on the electoral results of Italian municipal elections over the period 1993-2011. Endogeneity issues are handled …
Persistent link: https://www.econbiz.de/10013075786