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Studies of OECD countries have generally failed to detect real economic expansions in the pre-election period, casting doubt on the existence of opportunistic political business cycles. We develop a theory that predicts a substantial portion of the economy experiences a real decline in the...
Persistent link: https://www.econbiz.de/10008866035
We argue that the political uncertainty generated by elections encourages private actors to delay investments that entail high costs of reversal, creating a pre-election decline in economic activity entitled a "reverse electoral business cycle." This incentive for delay becomes greater as policy...
Persistent link: https://www.econbiz.de/10008866037
Scholarship finds that in states with judicial elections, public opinion affects judges' decisions on hot-button campaign issues such as the death penalty or marijuana legalization. Yet the literature leaves open the question of how public opinion affects judicial decisions on less salient...
Persistent link: https://www.econbiz.de/10012929139
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Scholarship finds that in states with judicial elections, public opinion affects judges’ decisions on hot‐button campaign issues such as the death penalty or marijuana legalization. Yet the literature leaves open the question of how public opinion affects judicial decisions on less salient...
Persistent link: https://www.econbiz.de/10014110205
Persistent link: https://www.econbiz.de/10003840495
The last century witnessed a staggering rise in the number of interest groups active in American politics. While this fact is well known, we lack a comprehensive study of the number of groups, the identity of groups, the timing of their births, their mobilization decisions, and their tactical...
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