(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 …

that are in opposition to their policy preferences. This results in the election of representatives who do not correspond … exactly to the voters' own views. An alternative voting procedure to avoid this type of election failure is proposed in … Wahl-O-Mat, which asks the user a number of questions on topical policy issues; the computer program, drawing on all the …

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 …