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This paper studies the effects of power-concentrating institutions on the quality of political selection, i.e., the voters' capacity to identify and empower well-suited politicians. In our model, candidates are heterogeneous in two unobservable quality aspects: ability and public-spiritedness....
Persistent link: https://www.econbiz.de/10011430775
regression discontinuity design with millions of observations suggests that advertising's impact on elections is largely due to …
Persistent link: https://www.econbiz.de/10011434475
when state elections occurred relative to the average investment ratio in years with no state election. Firms however seem …
Persistent link: https://www.econbiz.de/10011539894
Does economic standing cross-cut ethnicity in African electoral politics? In many countries in the region, ethnicity appears to be a major consideration in individuals' political decision-making. However, there is significant variation in the extent to which coethnics support parties en bloc;...
Persistent link: https://www.econbiz.de/10011540206
Persistent link: https://www.econbiz.de/10011542006
firm owners are optimistic regarding their expected business development before state elections. After state elections … optimistic prior to state elections because politicians promised individual policies to gratify the firms' needs during election … times. Firms might be disappointed after elections as the promises made during election campaigns by politicians turn out to …
Persistent link: https://www.econbiz.de/10011542240
economies, previous political cycle models had overlooked the influence of elections on the behavior of exchange rates. Voter …
Persistent link: https://www.econbiz.de/10011543073
We examine the incentives to self-select into politics and how they depend on the transparency of the entry process. To this end, we set up a two-stage political competition model and test its key mechanisms in the lab. At the entry stage, potential candidates compete in a contest to become...
Persistent link: https://www.econbiz.de/10011543745
Persistent link: https://www.econbiz.de/10011409981
Journalism is widely believed to be crucial for holding elected officials accountable. At the same time economic theory has a hard time providing an instrumental explanation for the existence of "accountability journalism". According to the common Downsian reasoning, rational voters should not...
Persistent link: https://www.econbiz.de/10011416918