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-run and (ii) experts’ uncertainty increased after the election. Our results suggest that exceptional politicians influence …
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individual-level attitudes, we present two hypotheses for why citizens might be willing to cast ballots for corrupt politicians … corruption when politicians otherwise perform well in office, delivering public goods to their constituents. We test these … express a willingness punish corrupt politicians, regardless of politician performance. High income voters form a partial …
Persistent link: https://www.econbiz.de/10013038695
This paper contributes to the debate on the efficacy of IMF's catalytic finance in preventing financial crises. Extending Morris and Shin (2006), we consider that the IMF's intervention policy usually exerts a signaling effect on private creditors and that several interventions in sequence may...
Persistent link: https://www.econbiz.de/10003636488
This paper studies the interactions between electoral considerations and the imposition of price controls by opportunistic policymakers. The analysis shows that a policy cycle emerges in which price controls are imposed in periods leading to the election, and removed immediately afterwards. The...
Persistent link: https://www.econbiz.de/10012781644
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
Societies see growing support for populist politicians who advocate an end to globalization. Our behavioral economics …
Persistent link: https://www.econbiz.de/10012826005
between changes in marginality and incomes in subsequent years. As such, there is no evidence that politicians systematically …
Persistent link: https://www.econbiz.de/10012858209
Societies see growing support for populist politicians who advocate an end to globalization. Our behavioral economics …
Persistent link: https://www.econbiz.de/10012258291