Showing 1 - 10 of 259
Politicians have multiple principals. We investigate the weights that politicians put on the revealed preferences of their constituents, special interest groups and party when deciding on legislative proposals. Preferences of constituents, special interest groups and parties are directly...
Persistent link: https://www.econbiz.de/10012287850
In modern economics, preferences are the unmoved movers of economic and social behavior. They are taken as given such that all social phenomena need to be explained by changes in beliefs or constraints. The assumption of given preferences constitutes however merely a convenient assumption that...
Persistent link: https://www.econbiz.de/10011528071
We study theoretically and empirically how monetary incentives and information about others' behavior affects dishonesty. We ran a laboratory experiment with 560 participants inspired by the "observed game" developed by Kajackaite and Gneezy (2017). We find that the extensive (the fraction of...
Persistent link: https://www.econbiz.de/10012287866
We consider a model of redistributive politics in which politicians have the possibility to raise some debt and to implement a pie-increasing reform, i.e. a reform creating a net increase in the total taxable endowment. The reform benefits occur in the future and the reform costs have to be paid...
Persistent link: https://www.econbiz.de/10011301703
We use a large and unexplored dataset covering all mainland Portuguese municipalities from 1979 to 2001 to evaluate the impact of political forces in the allocation of grants from the central government to local authorities. Empirical results clearly show that, besides variables that proxy the...
Persistent link: https://www.econbiz.de/10011318829
The political article tests for rational political business cycles models on an unexplored and large data set of Portuguese municipalities. This data allows for a clean test of the models due to its high level of detail on expenditure items, an exogenous fixed election schedule and the...
Persistent link: https://www.econbiz.de/10011318937
We analyze the ECB Governing Council's voting procedures. The literature has by now discussed numerous aspects of the … rotation model but does not account for many institutional aspects of the voting procedure of the GC. Using the randomization …
Persistent link: https://www.econbiz.de/10010270285
Recently, the channels of citizen participation in Germany with regard to governmental processes are subject to change. Classical interaction between politicians and citizens still takes place. However, there are new tools for participation at hand as well. One interesting channel that attracted...
Persistent link: https://www.econbiz.de/10011400468
The paper empirically analyzes whether electoral rules make legislators differently responsive to changes in fiscal incentives. Key to the analysis are two unique reforms in the German state of Lower Saxony which changed (i) the municipal charter by replacing the council-manager system...
Persistent link: https://www.econbiz.de/10010329485
This paper investigates whether political competition plays an important role in determining the level of agricultural protection. In order to do so, we exploit variation in political and economic data from 74 developing and developed countries for the post-war period. Our results robustly show...
Persistent link: https://www.econbiz.de/10010307570