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We present a theoretical model of a parliamentary democracy, where party structures, government coalitions and fiscal policies are endogenously determined. The model predicts that, relative to proportional elections, majoritarian elections reduce government spending because they reduce party...
Persistent link: https://www.econbiz.de/10013319527
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This paper studies the existence of election cycles in public procurement in the European Union for the national level …
Persistent link: https://www.econbiz.de/10012649806
interpreted as a "credible election promise", as the budget for the project is only committed at the time of the award and not …
Persistent link: https://www.econbiz.de/10012319107
An event study analysis is performed on consumer confidence around election times using an effective sample of 84 … incumbent party wins or loses. Consumer confidence is able to predict positively the probability of re-election of the incumbent …
Persistent link: https://www.econbiz.de/10014052871
We present a theoretical model of a parliamentary democracy, where party structures, government coalitions and fiscal policies are endogenously determined. The model predicts that, relative to proportional elections, majoritarian elections reduce government spending because they reduce party...
Persistent link: https://www.econbiz.de/10011404283
Persistent link: https://www.econbiz.de/10002159253
Persistent link: https://www.econbiz.de/10001429101
Persistent link: https://www.econbiz.de/10001711030