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economies, previous political cycle models had overlooked the influence of elections on the behavior of exchange rates. Voter …
Persistent link: https://www.econbiz.de/10010944007
This study examines how the economic effects of elections in rural China depend on voter heterogeneity, for which …
Persistent link: https://www.econbiz.de/10010945274
The literature on electoral cycles has developed in two distinct phases. The first one considered the existence of non-rational (naive) voters whereas the second one considered fully rational voters. In our perspective, an intermediate approach is more interesting, i.e. one that considers...
Persistent link: https://www.econbiz.de/10010295273
This paper analyses institutional reforms and political participation, most notably indirect and direct elections of … residential committees (RC), in China's urban neighbourhoods and communities (shequ). It shows that these elections at present are … about - RC elections in the daily lives of China's urban dwellers still are, they still have some influence on political …
Persistent link: https://www.econbiz.de/10010302301
) for the last Bundestag (German parliamentary) elections 2009. It is shown that the Bundestag election winner 2009 - the … Bundestag elections 2009 shows that the voters are little consistent with their own political profiles, disregard party …
Persistent link: https://www.econbiz.de/10010302623
Empirical research on Political Business (and Budget) Cycles is more supportive for electoral cycles in policies than in macro-economic outcomes. But even pre-electoral policy cycles receive no unanimous confirmation. In the present paper, we give credence to recent arguments that this may be...
Persistent link: https://www.econbiz.de/10010306989
In 2005, the Democratic National Committee adopted the 50-state strategy in lieu of the strategy of focusing solely on battleground states. The rationale given for this move is that campaign expenditures are durable outlays that impact both current and future campaigns. This paper investigates...
Persistent link: https://www.econbiz.de/10010307042
Aggregate votes for incumbent parties in post-war Germany were determined by the weighted-average growth of real per capita disposable income. Each percentage point of per capita real disposable income growth sustained over the legislative term yielded approximately two percentage points of...
Persistent link: https://www.econbiz.de/10010307164
We show that a large electorate of ignorant voters can succeed in establishing high levels of electoral accountability. In our model an incumbent politician is confronted with a large number of voters who receive very noisy signals about her performance. We find that the accountability problem...
Persistent link: https://www.econbiz.de/10011286368
probability before the election (Maskin and Tirole’s “feedback” case). In the three-period case, with two elections, the dynamic …
Persistent link: https://www.econbiz.de/10011307085