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We investigate whether private information about citizens' competence in political office can be revealed by their entry and campaign expenditure decisions. We find that this depends on whether voters and candidates have common or conflicting interests; only in the former case can entry be...
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shocks are trivial during Democratic regimes. An investment strategy that exploits the time-varying premium across the …
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impact on a government's decisions on how to allocate government expenditure between public consumption and investment. Using …
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