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The economic analysis of populism a selective review of the literature
Ocampo, Emilio - 2019
Although the application of the conceptual and analytical framework of economics to the study of populism is still in its infancy, great advances have been made in recent years. This paper reviews some key contributions behind this progress. When analyzing populism, economists face two...
Persistent link: https://www.econbiz.de/10012009237
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Inequality, infrastructure, and institutions : empirical studies in public economics and political economy
Dorn, Florian - 2021
Florian Dorn erstellte diesen Beitrag während seines Promotionsstudiums an der Universität München (LMU). Die Studie wurde im September 2020 abgeschlossen und von der Fakultät für Volkswirtschaftslehre als Dissertation angenommen. Die Dissertation trägt zur Empirie der Ökonomie des...
Persistent link: https://www.econbiz.de/10012807266
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The Myth of Bad Policy Choices : Why Democracies Choose Mediocre Policies
Bischoff, Ivo; Siemers, Lars H.R - 2010
perspective the claim that biased beliefs lead to bad policy outcomes in democracy, as has been argued, for instance, by Bryan … Caplan (2007: The myth of the rational voter). We show that there is a self-correction mechanism in democracy that may … mitigate the problem of biased beliefs. Democracy is characterized by suffering from mediocre mixtures of populist and good …
Persistent link: https://www.econbiz.de/10014212900
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The political costs of oil price shocks
Arezki, Rabah; Djankov, Simeon; Nguyen, Ha; Yotzov, Ivan - 2022
We explore the effect of oil import price shocks on political outcomes using a worldwide dataset on elections of chief executives. Oil import price shocks cause a reduction in the odds of reelection of incumbents, an increase in media chatter about fuel prices, and an increase in non-violent...
Persistent link: https://www.econbiz.de/10013205030
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Securing personal freedom through institutions : the role of electoral democracy and judicial independence
Berggren, Niclas; Gutmann, Jerg - 2019
freedom is frequently associated with electoral democracy, developments in countries such as Hungary, Poland, Turkey and … Russia, where elected populist leaders with authoritarian tendencies rule, suggest that electoral democracy may not be the … provide a firmer foundation. We investigate empirically how electoral democracy and judicial independence relate to personal …
Persistent link: https://www.econbiz.de/10011995261
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Electoral cycles in perceived corruption : international empirical evidence
Potrafke, Niklas - 2018
Perceived corruption in the public sector is measured by the reversed Transparency International's Perception of Corruption Index (CPI). The dataset includes around 100 democracies over the period 2012-2016, a sample for which the CPI is comparable across countries and over time. The results...
Persistent link: https://www.econbiz.de/10011962213
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Electoral cycles in perceived corruption : international empirical evidence
Potrafke, Niklas - 2018
I examine whether elections influence perceived corruption in the public sector. Perceived corruption in the public sector is measured by the reversed Transparency International's Perception of Corruption Index (CPI). The dataset includes around 100 democracies over the period 2012-2016, a...
Persistent link: https://www.econbiz.de/10011941292
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Inequality, macroeconomic performance and political polarization : a panel analysis of 20 advanced democracies
Proaño Acosta, Christian; Peña, Juan Carlos; … - 2020
This paper investigates the macroeconomic and social determinants of voting behavior, and especially of political polarization, in 20 advanced countries using annual data ranging from 1970 to 2016 and covering 291 parliamentary elections. Using a panel estimation approach and rolling...
Persistent link: https://www.econbiz.de/10012234679
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The Myth of the Rational Voter : Why Democracies Choose Bad Policies
Caplan, Bryan - 2009
In theory, democracy is a bulwark against socially harmful policies. In practice, however, democracies frequently adopt … ignorance are two leading explanations. I offer an alternative story of how and why democracy fails. The central idea is that …, Winston Churchill's famous aphorism cuts the conversation short: Democracy is the worst form of government, except all those …
Persistent link: https://www.econbiz.de/10014049072
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Policy Responses to Speculative Attacks Before and after Elections : Theory and Evidence
Walter, Stefanie - 2006
This paper investigates how electoral timing influences policymakers' responses to currency crises. Previous empirical research has shown that elections significantly influence both the probability that a currency crisis emerges and the government's policy responses to such crises. This paper...
Persistent link: https://www.econbiz.de/10014056499