Showing 1 - 10 of 339
Persistent link: https://www.econbiz.de/10011959756
According to the literature, historical episodes of local self-governing institutions can explain why differences in socio-economic performances among different territories can persist over centuries. Such assumption has been tested comparing free city-states (Communes) and feudal towns in...
Persistent link: https://www.econbiz.de/10013405147
We study the returns to political office using data from Finnish parliamentary elections in 1970-2007 and municipal … elections in 1996-2008. The discontinuity of electoral outcomes in individual candidate votes allows us to estimate the causal …
Persistent link: https://www.econbiz.de/10010223364
economies, previous political cycle models had overlooked the influence of elections on the behavior of exchange rates. Voter …
Persistent link: https://www.econbiz.de/10011543073
In this paper, we examine how the institutional design affects the outcome of bank bailout decisions. In the German savings bank sector, distress events can be resolved by local politicians or a state-level association. We show that decisions by local politicians with close links to the bank are...
Persistent link: https://www.econbiz.de/10011456861
when state elections occurred relative to the average investment ratio in years with no state election. Firms however seem …
Persistent link: https://www.econbiz.de/10011539894
firm owners are optimistic regarding their expected business development before state elections. After state elections … 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
In this paper, we examine how the institutional design affects the outcome of bank bailout decisions. In the German savings bank sector, distress events can be resolved by local politicians or a state-level association. We show that decisions by local politicians with close links to the bank are...
Persistent link: https://www.econbiz.de/10010499596
We estimate the effect of getting elected on future income development of political candidates. We present a bootstrap approach for measuring electoral closeness, which can be used to implement a regression discontinuity design in any electoral system. We apply the method to the Finnish...
Persistent link: https://www.econbiz.de/10011493992
drop in turnout is only transitory as mail-in votes balance the decline in in-person votes in subsequent elections. This …-in ballots. Some inattentive voters forgo voting today but turn to mail-in voting in ensuing elections. Our results are in line …
Persistent link: https://www.econbiz.de/10013202409