Narrow search
Showing 1 - 10 of 22,261
Cover Image
Vote buying or (political) business (cycles) as usual?
Aidt, Toke; Asatryan, Zareh; Badalyan, Lusine; … - 2015
(1975 - 2009). We find an increase in the growth rate of M1 during election months of about one tenth of a standard … is related to systemic vote buying which requires significant amounts of cash at election times. The finely timed …
Persistent link: https://www.econbiz.de/10011342347
Cover Image
Vote buying or (political) business (cycles) as usual?
Aidt, Toke; Asatryan, Zareh; Badalyan, Lusine; … - 2015
increase in the growth rate of M1 during election months of about one tenth of a standard deviation. A similar effect can … neither be detected in established OECD democracies nor in the months leading up to the election. The effect is larger in … election month monetary expansion is demand driven and can be best explained by systemic vote buying. Systemic vote buying …
Persistent link: https://www.econbiz.de/10010491768
Cover Image
Managing Expectations
Lindstädt, René; Staton, Jeffrey K. - 2010
Followers of law, politics and business commonly relate stories of individuals who appear to predict an expected self-performance level below what they believe likely. Candidates, attorneys and firms sometimes seem to under-predict their own capacities. Insofar as individuals typically construct...
Persistent link: https://www.econbiz.de/10014047090
Cover Image
Perceived Political Bias of the Federal Reserve
Kuang, Pei - 2024
We conduct a survey experiment with a large, politically representative sample of U.S. consumers (5,205 participants) to study how perceptions of the U.S. Federal Reserve's (Fed) political stance shape macroeconomic expectations and trust in the Fed. The public is divided on the Fed's political...
Persistent link: https://www.econbiz.de/10015094913
Cover Image
How Effective Are Monetary Incentives to Vote? Evidence from a Nationwide Policy
Gonzales, Mariella - 2019
We combine two natural experiments, multiple empirical strategies and administrative data to study voters' response to marginal changes to the fine for electoral abstention in Peru. A smaller fine leads to a robust decrease in voter turnout. However, the drop in turnout caused by a full fine...
Persistent link: https://www.econbiz.de/10012865643
Cover Image
How Effective Are Monetary Incentives to Vote? Evidence From a Nationwide Policy
Gonzales, Mariella - 2020
We study voters' response to marginal changes to the fine for electoral abstention in Peru, leveraging variation from a nationwide reform. A smaller fine has a robust, negative effect on voter turnout, partly through irregular changes in voter registration. However, representation is largely...
Persistent link: https://www.econbiz.de/10012850580
Cover Image
Electoral cycles in macroprudential regulation
Müller, Karsten - 2019
. Consistent with theories of opportunistic political cycles, this pattern is stronger when election outcomes are uncertain or in …
Persistent link: https://www.econbiz.de/10012135983
Cover Image
Essays on monetary policy, investors and elections
Bubeck, Johannes - 2018
Persistent link: https://www.econbiz.de/10012123114
Cover Image
Voting by monetary policy committees : evidence from the CEE inflation-targeting countries
Jung, Alexander; Kiss, Gergely - 2012
The aim of this paper is to study preference heterogeneity in monetary policy committees of inflation-targeting (IT) countries in Central and Eastern Europe (CEE) during the period 2005-2010. It employs (individual) voting records of the Monetary Council of the Magyar Nemzeti Bank (the central...
Persistent link: https://www.econbiz.de/10009529531
Cover Image
What kind of central bank competence?
Frankel, Alex; Kartik, Navin - In: Theoretical economics : TE ; an open access journal in … 13 (2018) 2, pp. 697-727
How much information should a central bank (CB) have about (i) policy objectives and (ii) operational shocks to the effect of monetary policy? We consider a version of the Barro–Gordon credibility problem in which monetary policy signals an inflation-biased CB's private information on both...
Persistent link: https://www.econbiz.de/10011856711