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on bank lending behaviour in Africa. It employs the dynamic system Generalized Method of Moments (SGMM) Two …
Persistent link: https://www.econbiz.de/10014514254
We develop a model of legislative lobbying where policy proposals are endogenous. We show that a policy proposer with preferences tilted towards one lobby may be induced by an increase in that interest group's size to propose policies geared towards the opposing lobby. Hence, a larger lobby size...
Persistent link: https://www.econbiz.de/10008746474
We review the literature on the public choice approach to explaining redistribution policies. The focus is on policies that are pursued with the sole reason to redistribute initial endowments. Moreover, we restrict ourselves to redistribution in democracies. In democratic settings, generic...
Persistent link: https://www.econbiz.de/10011565576
Vote-buying is widely used by parties in developing countries to influence the outcome of elections. We examine the impact of vote-buying on growth. We consider a model with a poverty trap where redistribution can promote growth. We show that vote-buying contributes to the persistence of poverty...
Persistent link: https://www.econbiz.de/10003762209
Allocation decisions are vulnerable to political influence, but it is unclear in which situations politicians use their discretionary power in a partisan manner. We analyze the allocation of presidential disaster declarations in the United States, exploiting the spatiotemporal randomness of...
Persistent link: https://www.econbiz.de/10013177149
The objective of this paper is to investigate which factors ] macroeconomic, policy ]related or institutional ] foster the implementation of structural reforms. To this objective, we look at episodes of structural reforms over three decades across 40 OECD and EU countries and link them to such...
Persistent link: https://www.econbiz.de/10011662947
Persistent link: https://www.econbiz.de/10012225066
Emigrants are less likely to participate in elections in their home country. They are also self-selected in terms of education, gender, age, and political preferences, changing the structure of the origin population. High emigration rates can therefore have a systematic influence on election...
Persistent link: https://www.econbiz.de/10012289012
Allocation decisions are vulnerable to political influence, but it is unclear in which situations politicians use their discretionary power in a partisan manner. We analyze the allocation of presidential disaster declarations in the United States, exploiting the spatiotemporal randomness of all...
Persistent link: https://www.econbiz.de/10012431606
Why do some economic systems depend on bank financing while others rely on capital markets and bond financing? We propose a political economy model in which elites favor a bank-based system, which increases their rents due to reduced competition. If suffrage is restricted to the elite, this will...
Persistent link: https://www.econbiz.de/10010483279