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. The results show that realized investment ratios decreased in years when state elections occurred relative to the average … develop better before state elections and worse after state elections. The second part of this dissertation investigates how …
Persistent link: https://www.econbiz.de/10011698363
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
. The results show that realized investment ratios decreased in years when state elections occurred relative to the average … develop better before state elections and worse after state elections. The second part of this dissertation investigates how …
Persistent link: https://www.econbiz.de/10011741962
I investigate how political uncertainty influences corporate investment decisions employinga unique panel dataset of German manufacturing firms. I use data on firms’ self-reportedinvestment realizations, plans and revisions. The firm-specific user cost of capital capturesthe current...
Persistent link: https://www.econbiz.de/10011586862
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
efficiencyenhancing effect of elections at given institutional conditions. …
Persistent link: https://www.econbiz.de/10012663286
efficiencyenhancing effect of elections at given institutional conditions. …
Persistent link: https://www.econbiz.de/10012793235
Florian Dorn prepared this study during his doctoral studies at the Ludwig-Maximilians University of Munich (LMU). The study was completed in September 2020 and accepted as doctoral thesis by the Department of Economics. This dissertation contributes to the empirics of public economics and...
Persistent link: https://www.econbiz.de/10013164116
than in other years, indicating that perceived corruption in the public sector increased before elections. The effect is … especially pronounced before early elections (1.0 points) compared to regular elections (0.4 points). Future research needs to … investigate why perceived corruption in the public sector increased before elections. …
Persistent link: https://www.econbiz.de/10011956680
I examine whether elections influence perceived corruption in the public sector. Perceived corruption in the public … perceived corruption in the public sector increased before elections. The effect is especially pronounced before early elections … (1.0 points) compared to regular elections (0.4 points). Future research needs to investigate why perceived corruption in …
Persistent link: https://www.econbiz.de/10011957209