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We compiled data on all United Nations General Assembly resolutions on which voting took place between January 1990 and June 2013 and find a preoccupation with one country: in 65 percent of instances in which a country is criticized in a resolution, the country is Israel, with no other country...
Persistent link: https://www.econbiz.de/10010422167
This paper provides new empirical evidence on policy-makers' voting patterns on interest rates. Applying (pooled) Taylor-type rules and using real-time information available from published inflation reports and voting records, the paper tests for heterogeneity among committee members in three...
Persistent link: https://www.econbiz.de/10013120227
This paper provides new empirical evidence on policy-makers' voting patterns on interest rates. Applying (pooled) Taylor-type rules and using real-time information available from published inflation reports and voting records, the paper tests for heterogeneity among committee members in three...
Persistent link: https://www.econbiz.de/10012856949
We explore the governance structure of the International Monetary Fund, wherein voting power is explicitly tied to the size of member countries' financial contributions, known as quotas. By virtue of their large quotas, rich countries have the preponderance of voting power while developing...
Persistent link: https://www.econbiz.de/10014221305
A group of agents wants to reform the status quo if and only if this is Pareto improving. Agents have private information and may have common or private objectives, which creates a tension between information aggregation and minority protection. We analyze a simple voting system - majority rule...
Persistent link: https://www.econbiz.de/10010394633
Does redistribution in democracies cater to the will of the majority? We propose a direct empirical strategy based on survey data that needs not assume that voters are guided by pecuniary motives alone. We find that most democracies implement the median voter's preferred amount of redistribution...
Persistent link: https://www.econbiz.de/10013030499
Persistent link: https://www.econbiz.de/10011455328
Persistent link: https://www.econbiz.de/10000930337
The political theory and strategy of populism has recently gained traction throughout the world but has a long history …
Persistent link: https://www.econbiz.de/10012827037