Showing 1 - 10 of 461
Voting power in voting situations is measured by the probability of changing decisions by altering the cast 'yes' or … 'no' votes. Recently this analysis has been extended by strategic abstention. Abstention, just as 'yes' or 'no' votes can … change decisions. This theory is often applied to weighted voting situations, where voters can cast multiple votes. Measuring …
Persistent link: https://www.econbiz.de/10009154768
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 …
Persistent link: https://www.econbiz.de/10013120227
Did austerity cause Brexit? This paper shows that the rise of popular support for the UK Independence Party (UKIP), as the single most important correlate of the subsequent Leave vote in the 2016 European Union (EU) referendum, along with broader measures of political dissatisfaction, are...
Persistent link: https://www.econbiz.de/10011877825
economic forecasts. We find a systematic bias in growth and inflation forecasts. Our results indicate that countries voting in …
Persistent link: https://www.econbiz.de/10003764051
We examine the relationship between terrorism and cabinet duration. Our data set includes more than 2,400 cabinets in over 150 countries in the period 1968-2002. We find a small, but significant effect of terrorism on the probability of government failure. Furthermore, we find that the impact of...
Persistent link: https://www.econbiz.de/10003764094
We examine whether and under which circumstances World Bank projects and IMF programs affect the likelihood of major government crises. Using a sample of more than 90 developing countries over the period 1970-2002, we find that crises are on average more likely as a consequence of Bank and Fund...
Persistent link: https://www.econbiz.de/10003764224
This paper introduces preliminary evidence from a cross-country database of policy characteristics and potential uses of that database. While most databases have emphasized either the content of policies (e.g., size of government deficits) or countries&' formal institutions (e.g., political...
Persistent link: https://www.econbiz.de/10003794706
What are the main causes of international terrorism? The lessons from the surge of academic research that followed 9/11 remain elusive. The careful investigation of the relative roles of economic and political conditions did little to change the fact that existing econometric estimates diverge...
Persistent link: https://www.econbiz.de/10003824948
The paper investigates the effectiveness of the median voter as a decisive agent in the process of redistribution. According to the previous literature, it tests several assumptions finding interesting results: The positive relation between inequality and redistribution is confirmed, but the...
Persistent link: https://www.econbiz.de/10003881703
This paper draws from different approaches within the field of international political economy to try to explain why governments undertook different levels of market access commitments under the WTO's General Agreement on Trade in Services (GATS). The argument, which is supported by empirical...
Persistent link: https://www.econbiz.de/10003888119