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We assess the influence of moneyed interests on legislative decisions. Our theory predicts that the vote outcome distribution and donation flows in a legislature feature a discontinuity at the approval threshold of bills if special interest groups are involved in vote buying. Testing the...
Persistent link: https://www.econbiz.de/10012861433
We assess the influence of moneyed interests on legislative decisions. Our theory predicts that the vote outcome distribution and donation flows in a legislature feature a discontinuity at the approval threshold of bills if special interest groups are involved in vote buying. Testing the...
Persistent link: https://www.econbiz.de/10014102932
With respect to the election of the U.S. President, the U.S. Constitution is vague and full of silences and gaps …
Persistent link: https://www.econbiz.de/10014264435
This paper uses variation in the timing of the Mexican antipoverty program's introduction across municipalities to identify its impact on the share of votes for the local incumbent party. Evidence is found that voters reward the mayor's party for the central benefit to their constituencies,...
Persistent link: https://www.econbiz.de/10011289331
particularly susceptible to political uncertainty. I use term limits as an IV for election closeness. Because close elections are …. Post-election rebounds in investment depend on whether an incumbent is re-elected. Finally, I provide evidence that firms …
Persistent link: https://www.econbiz.de/10013007824
accountability problem. Empirical evidence from US presidential election results across all 50 US states over the period 1972 …
Persistent link: https://www.econbiz.de/10009629590
Using data from 1869-1928, we estimate the effect of party control of state elected offices on the entry, exit, circulation, and content of Republican and Democratic daily newspapers. We exploit changes over time in party control of the governorship and state legislatures in a...
Persistent link: https://www.econbiz.de/10013104699
The current polarization of elites in the U.S., particularly in Congress, is frequently ascribed to the emergence of cohorts of ideologically extreme legislators replacing moderate ones. Politicians, however, do not operate as isolated agents, driven solely by their preferences. They act within...
Persistent link: https://www.econbiz.de/10013236232
We assess the influence of moneyed interests on legislative decisions. Our theory predicts that the vote outcome distribution and donation flows in a legislature feature a discontinuity at the approval threshold of bills if special interest groups are involved in vote buying. Testing the...
Persistent link: https://www.econbiz.de/10012103631
We assess the influence of moneyed interests on legislative decisions. Our theory predicts that the vote outcome distribution and donation flows in a legislature feature a discontinuity at the approval threshold of bills if special interest groups are involved in vote buying. Testing the...
Persistent link: https://www.econbiz.de/10012126192