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The indirect effects of direct democracy: Local government size and non-budgetary voter initiatives
Asatryan, Zareh - 2014
Recently a wide and empirically-backed consensus has emerged arguing that direct democratic control over government's spending decisions through initiatives and referenda constrains government size. But what happens if budgetary matters are excluded from the voters' right of the initiative? I...
Persistent link: https://www.econbiz.de/10010329225
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How politics influence state-owned banks : the case of German savings banks
Vins, Oliver (contributor) - 2008
German savings banks from 1994 to 2006 and information on over 1,250 local elections during this period we investigate the … change in business behavior around elections. We find strong indications for political influence: the probability that … savings banks close branches, lay-off employees or engage in merger activities is significantly reduced around elections. At …
Persistent link: https://www.econbiz.de/10003784002
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It takes two to Tango : lobbies and the political business cycle
Horgos, Daniel; Zimmermann, Klaus W. - 2009
governments in economic growth and low unemployment in order to win elections, there should be a link between political business …-groups theory and the endeavors of governments to win the majority of votes in elections could look like, before we perform a time …
Persistent link: https://www.econbiz.de/10003873493
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The political economy of mitigation and adaptation
Habla, Wolfgang; Roeder, Kerstin - 2016
In this paper, we acknowledge that the mitigation of and adaptation to climate change have differential fiscal impacts. Whereas mitigation typically raises fiscal revenues, adaptation is costly to the taxpayer and to a greater extent the more distortionary the tax system is. In an OLG model with...
Persistent link: https://www.econbiz.de/10011418012
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The political economy of renewable energy policies in Germany and the EU
Strunz, Sebastian; Gawel, Erik; Lehmann, Paul - 2015
In this paper, we employ a public choice perspective to analyze the development of policies for renewable energy sources (RES) in the EU in general and in Germany more specifically. In doing so, we explain the main characteristics of current RES policies in the EU by reference to the...
Persistent link: https://www.econbiz.de/10011284941
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Drug prices, rents, and votes in the German health care market : an application of the Peltzman model
Busch, Anne Maria - 2015
Using the health care reform of 2004 as an experience, the reaction of consumers (insured persons) and producers (pharmaceutical industry) based on electoral behavior and relating to drug prices and co-payments imposed on drugs is analyzed. The changes in prices and medications after this reform...
Persistent link: https://www.econbiz.de/10010529888
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Drug prices and pressure group activities in the German health care market : an application of the Becker model
Busch, Anne Maria - 2015
This article analyzes the shifts of power relation and influence between pharmaceutical industry (producers), pharmacies, and social health insurers (SHI) in Germany based on drug prices. Since the health care reform of 2004, these interest groups have negotiated fees and discounts among each...
Persistent link: https://www.econbiz.de/10010529890
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The indirect effects of direct democracy : local government size and non-budgetary voter initiatives
Asatryan, Zareh - 2014
Recently a wide and empirically-backed consensus has emerged arguing that direct democratic control over government's spending decisions through initiatives and referenda constrains government size. But what happens if budgetary matters are excluded from the voters' right of the initiative? I...
Persistent link: https://www.econbiz.de/10010229890
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Electoral competition and endogenous political institutions : quasi-experimental evidence from Germany
Baskaran, Thushyanthan; Lopes da Fonseca, Mariana - 2015
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
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Ideology and Fiscal Policy : Quasi-Experimental Evidence from the German States
Baskaran, Thushyanthan - 2012
Is government ideology important for fiscal policy? I study this question with data from all German States over the period 1975-2005. To identify the effect of ideology, I rely on a fuzzy regression discontinuity design. I find that left-wing state governments spend more than state governments...
Persistent link: https://www.econbiz.de/10013098682