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following the election, even after controlling forindustry-specific effects and firm-specific controls. This suggests that … following election, suggesting that contributionsgained firms preferential access to finance. …
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Can elections change people’s ideas about what is ethically right and what is wrong? A number of recent observations … suggest that social norms can change rapidly as a result of election outcomes. We explore this conjecture using a controlled … situations in which no rule has been elected. In the absence of an election, sharing is widely considered socially appropriate …
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Observed fiscal policy varies greatly across time and countries. How can we explain this variation? This paper surveys the recent literature that has tried to answer this question. We adopt a unified approach in portraying public policy as the equilibrium outcome of an explicitly specified...
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