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to the divisive 2016 U.S. presidential election. Exploiting the exogenous component of rising import competition by China …
Persistent link: https://www.econbiz.de/10012315433
Election in 2009. We conducted a daily web survey for seven days before and after the election, obtaining1068 responses … significantly unhappier on the day following the election. However, happiness returned to the previous level in one or two days … that the happiness level of those whose expectation of the election results were realized did not change, while that of …
Persistent link: https://www.econbiz.de/10010471753
Fiscal decentralization is high on the agenda in policy fora. This paper empirically investigates the underlying causes of fiscal decentralization, based on the predictions of a simple political economy model. We argue that the likeliness that a central government engages in devolution of powers...
Persistent link: https://www.econbiz.de/10009301206
autonomously by German municipalities. As election dates vary across local councils, the data allows us to disentangle effects … behavior as the growth rate of the local business tax is significantly reduced in the election year and the year prior to the … election, while it jumps up in the year after the election. This pattern turns out to be robust against a number of sensitivity …
Persistent link: https://www.econbiz.de/10009488853
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 effect of being elected on subsequent income. Getting...
Persistent link: https://www.econbiz.de/10010223364
We analyze the impact of the quality of candidates running for a mayor position on turnout using a large data set on Italian municipal elections held from 1993 to 2011. We firstly estimate a municipal fixed effects model and show that an increase in the average quality of candidates competing at...
Persistent link: https://www.econbiz.de/10010344923
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
Members of parliament (MPs) often decide on their own salaries. Voters dislike self-serving politicians, and politicians are keen to gratify their voters. In line with the political business cycle theories, politicians thus may well delay deciding on increases in salaries until after elections....
Persistent link: https://www.econbiz.de/10011517956
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/10010499596