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This article develops an empirical measure of electoral availability, i.e., the micro perspective of political competition. As existing research conceptualizes political competition mainly as a macro- or party-level phenomenon, the micro perspective remains underdeveloped and, therefore, an...
Persistent link: https://www.econbiz.de/10012127110
comprehensive, multi-country examination of the effects of terror attacks on political opinions and election outcomes. The results …
Persistent link: https://www.econbiz.de/10012838460
comprehensive, multi-country examination of the effects of terror attacks on political opinions and election outcomes. The results …
Persistent link: https://www.econbiz.de/10012197466
Last June’s European Parliament (“EP”) election was widely considered a failure. Turnout was low across Europe, and, as … has been the case in every EP election since they were introduced in 1979, voters responded exclusively to domestic cues … elections are much like the problems in a variety of American state and local elections. Election laws ensure that national …
Persistent link: https://www.econbiz.de/10014199750
Persistent link: https://www.econbiz.de/10000120472
While people in democracies can vote their government out when they are discontent with its policies, those in dictatorships cannot do so. They can only attempt to expel the dictator via mass protests or revolutions. Based on a general cause-and-effect mechanism, the author analyzes whether such...
Persistent link: https://www.econbiz.de/10009382370
We examine the evolution of decentralized clearinghouse mechanisms that were in use throughout Europe from the 13th century to the 18th century; in particular, we explore the clearing of non- or limited-tradable debts like bills of exchange. We construct a theoretical model of these...
Persistent link: https://www.econbiz.de/10013064971
We use a unique dataset to analyze the marriage patterns of the British and German nobility from the 1500s to the 1800s, and discuss the differences in institutions between the two countries. Historical evidence shows that: nobles tended to marry nobles with identical title; and, German marriages...
Persistent link: https://www.econbiz.de/10012862297
Persistent link: https://www.econbiz.de/10009764305
situations through the proxy analysis of election and the sovereign bond spreads. Our study leads to three main findings. First … over the possibility of government policies or instability brought by the election. During a crisis, however, investors …, results show that the election induced peak shrinks from 3 months before and after the election date to 1-2 months when the …
Persistent link: https://www.econbiz.de/10009781196