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Evaluating political system by using the median voter theorem

Okui, Katsuyoshi - In: Otemon economic studies 31 (1998), pp. 79-89

Persistent link: https://www.econbiz.de/10001401162

Empirics of the Median Voter Hypothesis in Japan

Doi, Takero - 2000

This paper empirically analyses for the first time the median voter hypothesis in Japan as a means of investigating … unavailable in Japan, respective prefectural data is constructed using official data on income distribution and taxation … estimating a probit model. When considering the centralized prefectural government system in Japan, these results indicate that …

Persistent link: https://www.econbiz.de/10014172423

On some of the consequences of being possible to call early elections

Caleiro, António - 2005

This note presents some of the consequences due to the possibility of having early elections. First of all, elections, whether exogenously or endogenously determined, are relevant to challenge the well known neutrality principle of economic policies under rational expectations. Furthermore, in...

Persistent link: https://www.econbiz.de/10011502346

The political economy of bank- and market dominance

Perotti, Enrico C.; Thadden, Ernst-Ludwig von - 2003

Legislation affects corporate governance and the return to human and financial capital. We allow the preference of a political majority to determine both the governance structure and the extent of labor rents. In a society where median voters have relatively more at stake in the form of human...

Persistent link: https://www.econbiz.de/10011334863

A tale of two unions : divergent platforms and their constituencies

Merkle, Jessica; Phillips, Michelle - In: Applied economics 52 (2020) 15, pp. 1687-1703

Persistent link: https://www.econbiz.de/10012197583

Majority vote on educational standards

Schwager, Robert - 2018

The direct democratic choice of an examination standard, i.e., a performance level required to graduate, is evaluated against a utilitarian welfare function. It is shown that the median preferred standard is inefficiently low if the marginal cost of reaching a higher performance reacts more...

Persistent link: https://www.econbiz.de/10011788763