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Policy Responses to Balance-of-Payments Crises : The Role of Elections
Broz, J. Lawrence - 2016
available to election-minded politicians. We construct a new dataset that documents patterns in the use of these five policy …
Persistent link: https://www.econbiz.de/10013003077
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Winners and losers of early elections : on the welfare implications of political blockades and early elections
Bierbrauer, Felix; Mechtenberg, Lydia - 2008
We develop a dynamic model of political competition. Each party has a policymotivated ideological wing and an office-motivated opportunistic wing. A blockade arises if inner-party conflict stops policy implementation. We use this model to study whether early elections should be used to overcome...
Persistent link: https://www.econbiz.de/10003796136
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Electoral control when policies are for sale
Farvaque, Étienne; Lagadec, Gael - 2009
This article analyses the dynamics of electoral promises, building on an electoral competition model with endogenous policies. It extends the Grossman-Helpman (1994) model [Grossman G., Helpman E. [1994], "Protection for sale", American Economic Review, 84, 4, 833-850] to include sanctions from...
Persistent link: https://www.econbiz.de/10003806719
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Reforming legislatures : is one house better than two?
Facchini, Giovanni; Testa, Cecilia - 2009
During the last decade unicameral proposals have been put forward in fourteen US states. In this paper we propose a theoretical framework casting some lights on the drawbacks of bicameral state legislatures and on the effects of the proposed constitutional reforms. In a setting where lawmakers...
Persistent link: https://www.econbiz.de/10003850512
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Federalism and accountability with distorted election choices
Kessing, Sebastian - 2009
Random factors such as bad weather or exogenous economic shocks affect the re-election of politicians and can reduce … accountability. Such distorted election choices interact with the architecture of government. Contrasting centralized with … decentralized political systems, this study shows that centralization is likely to result in higher accountability if election …
Persistent link: https://www.econbiz.de/10003887189
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Federalism and accountability with distorted election choices
Kessing, Sebastian - 2009
This study analyzes the interaction between distorted election choices and the architecture of government with a focus …, it is shown that centralization is likely to result in higher accountability if election choices are subject to small …
Persistent link: https://www.econbiz.de/10003867965
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Winners and losers of early elections : on the welfare implications of political blockades and early elections
Bierbrauer, Felix; Mechtenberg, Lydia - 2008
We develop a dynamic model of political competition. Each party has a policymotivated ideological wing and an office-motivated opportunistic wing. A blockade arises if inner-party conflict stops policy implementation. We use this model to study whether early elections should be used to overcome...
Persistent link: https://www.econbiz.de/10003935643
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Fiscal federalism and electoral accountability
Aidt, Toke; Dutta, Jayasri - 2010
We study the efficient allocation of spending and taxation authority in a federation in which federal politicians are exposed to electoral uncertainty. We show that centralization may, but need not, result in a loss of electoral accountability. We identify an important asymmetry between positive...
Persistent link: https://www.econbiz.de/10003965864
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The citizen-candidate model with imperfect policy control
Aytimur, R. Emre; Boukouras, Aristotelis; Schwager, Robert - 2012
We examine the two-candidate equilibria of the citizen-candidate model when the implemented policy arises from a compromise between the government and an unelected external power. We show that the equilibria of this model differ significantly from the original: the distance between the...
Persistent link: https://www.econbiz.de/10009571743
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Mass media, instrumental information, and electoral accountability
Bruns, Christian; Himmler, Oliver - 2016
Journalism is widely believed to be crucial for holding elected officials accountable. At the same time economic theory has a hard time providing an instrumental explanation for the existence of "accountability journalism". According to the common Downsian reasoning, rational voters should not...
Persistent link: https://www.econbiz.de/10011416918