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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
the pre-election period so as to increase the electoral chances of the party in office. By concentrating on closed …
Persistent link: https://www.econbiz.de/10011543073
We use a change in the voting procedures of one of the two chambers of the Swiss parliament to explore how transparency affects the voting behavior of its members. Until 2013, the Council of States (Ständerat) had voted by a show of hands. While publicly observable at the time of the vote,...
Persistent link: https://www.econbiz.de/10011411279
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
One of the most crucial lessons to be taken from the literature on electoral business cycles is that the short- run electorally-induced fluctuations prejudice the long-run welfare. Since the very first studies on the matter, some authors offered suggestions as to what should be done against this...
Persistent link: https://www.econbiz.de/10011502336
Framing effects and bounded rationality imply that election campaigns may be an important determinant of election …
Persistent link: https://www.econbiz.de/10011527130
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 …
Persistent link: https://www.econbiz.de/10010491768
This paper explores to what extent secondary policy issues are infuenced by electoral incentives. We develop a two dimensional political agency model in which a politician decides on both a frontline policy issue and a secondary policy issue. The model predicts when the incumbent should...
Persistent link: https://www.econbiz.de/10010439364
This paper investigates whether the rare occurrence of a local election ending in a tie or being decided by a single …
Persistent link: https://www.econbiz.de/10012050962
. Consistent with theories of opportunistic political cycles, this pattern is stronger when election outcomes are uncertain or in …
Persistent link: https://www.econbiz.de/10012135983