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How Polarization and Political Instability affect Learning through Experimentation

Ossokina, Ioulia V.; Swank, Otto H. - 2001

elections (exogenous elections) andthe decision is salient and the election outcome depends on it (endogenous elections).We show …. Furthermore, in contrast to the existing literature, wedemonstrate that, when elections are exogenous, polarization between … political parties does not always decreaseactive learning. In the case with endogenous elections we find that electoral concerns …

Persistent link: https://www.econbiz.de/10010325052

Does Campaign Finance imply Political Favors?

Claessens, Stijn; Feijen, Erik; Laeven, Luc - 2006

This paper provides empirical evidence that campaign contributions arestrongly associated with market expectations of future firm-specific political favors,including preferential access to external financing. Using a novel dataset, we find thatfirms in Brazil providing contributions in the 1998...

Persistent link: https://www.econbiz.de/10010325391

2013 election to German Bundestag from the viewpoint of direct democracy

Tangian, Andranik S. - 2013

The outcomes of the 2013 German Bundestag (federal parliament) are analyzed from the viewpoint of direct democracy. For this purpose, the party positions on 36 topical issues are compared with the results of public opinion polls, and the party and coalition indices of popularity (the average...

Persistent link: https://www.econbiz.de/10010326853

Decision making in politics and economics: 5. 2013 election to German Bundestag and direct democracy

Tangian, Andranik S. - 2013

The outcomes of the 2013 German Bundestag (federal parliament) election are analyzed from the viewpoint of direct democracy. For this purpose, the party positions on 36 topical issues are compared with the results of public opinion polls, and the party and coalition indices of popularity (the...

Persistent link: https://www.econbiz.de/10010327521

Returns to Office in National and Local Politics

Kotakorpi, Kaisa; Poutvaara, Panu; Terviö, Marko - 2013

We study the returns to political office using data from Finnish parliamentary elections in 1970-2007 and municipal … elections in 1996-2008. The discontinuity of electoral outcomes in individual candidate votes allows us to estimate the causal …

Persistent link: https://www.econbiz.de/10010328817

Fiscal policy cycles and the exchange regime in developing countries

Schuknecht, Ludger - 1998

The paper studies empirically fiscal policies around elections in 25 developing countries as affected by the exchange … before elections because such policies can result in devaluations and inflation which affects government popularity adversely …

Persistent link: https://www.econbiz.de/10010330151

Fiscal policy cycles and public expenditure in developing countries

Schuknecht, Ludger - 1998

around elections is increasing public expenditure rather than lowering taxes, and public investment cycles seem particularly … therefore worthwhile considering to prevent opportunistic policy making around elections. …

Persistent link: https://www.econbiz.de/10010330178

Exchange rate regimes and the stability of trade policy in transition economies

Drabek, Zdenek; Brada, Josef C. - 1998

This paper examines the interplay between exchange rate regimes and policies and commercial policy in six transition economies. In all these economies the rate of protection afforded domestic industry by the exchange rate has been eroded by high rates of inflation and insufficient growth in...

Persistent link: https://www.econbiz.de/10010330186

The Effect of Labor Migration on the Diffusion of Democracy: Evidence from a Former Soviet Republic

Omar Mahmoud, Toman; Rapoport, Hillel; Steinmayr, Andreas; … - 2014

Migration contributes to the circulation of goods, knowledge, and ideas. Using community and individual-level data from Moldova, we show that the emigration wave that started in the late 1990s strongly affected electoral outcomes and political preferences in Moldova during the following decade...

Persistent link: https://www.econbiz.de/10010333265

The conditional effects of income inequality on extreme right wing votes: A subnational analysis of Western Europe in the 1990s

Jesuit, David; Mahler, Vincent; Paradowski, Piotr - 2008

This paper addresses two major limitations of cross-national research on electoral support for extreme right parties (ERPs) in Western Europe: its almost exclusive focus on national-level data and its failure to examine the role of the social welfare state and social capital. We employ Tobit I...

Persistent link: https://www.econbiz.de/10010335476