competition. The game is composed of three stages: i) an election is held in the first-mover country and a policymaker is chosen … by majority voting; ii) similarly, an election to choose a policymaker is held in the second-mover country; and iii …

dem Hintergrund der Public Choice-Theorie versucht die vorliegende Arbeit diesen Trend als Resultat politischer …

In this paper, I document three stylized facts on leaders, institutions, and re-election incentives, using cross … pronounced in their last term, when they do not have any re-election incentives; (2) in democracies, the positive relationship … dynamic decision making of a politician with re-election concerns …

, the theory's main insight being that the central government's electoral strength should, all else being equal, decrease …

the election, and removed immediately afterwards. The shape of the cycle is shown to depend on the periodicity of …