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equilibrium policy is smaller, because their bargaining power is reduced compared to a single ballot election. The predictions on …
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In Romania, the 2008 local elections were held based on a new electoral law. The main changes concerned the election of …
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state tier. This e ffect only materializes in the election year which suggests that mayors under the new electoral rule put … more e ffort into grant applications for highly visible infrastructure projects in order to increase their re-election …
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We compare single round vs runoff elections under plurality rule, allowing for partly endogenous party formation. Under runoff elections, the number of political candidates is larger, but the influence of extremist voters on equilibrium policy and hence policy volatility are smaller, because the...
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