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We examine the role of political ideology in portfolio formation by studying a unique set of investors whose ideology … behavior documented in Tahoun (2014). We conclude that ideology is a pervasive psychological factor that governs decisions …
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Why junior ministers? What function do they serve? Two explanations dominate the literature. Both focus on the role of junior ministers in coalition formation and coalition management. One approach sees junior ministers as instruments for controlling policy, the other as a means to solve or ease...
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Does cabinet size impact economic performance in Africa? The number of ministerial portfolios has increased steadily for nearly four decades, yet we know little about the consequences of Africa’s cabinets. Comparative studies generate conflicting expectations, either blaming broad-based...
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