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(1975 - 2009). We find an increase in the growth rate of M1 during election months of about one tenth of a standard … is related to systemic vote buying which requires significant amounts of cash at election times. The finely timed …
Persistent link: https://www.econbiz.de/10011342347
increase in the growth rate of M1 during election months of about one tenth of a standard deviation. A similar effect can … neither be detected in established OECD democracies nor in the months leading up to the election. The effect is larger in … election month monetary expansion is demand driven and can be best explained by systemic vote buying. Systemic vote buying …
Persistent link: https://www.econbiz.de/10010491768
Rapid urbanization is transforming the developing world, but the political consequences of this transformation are not well understood. In this paper, we argue that political contention and mobilization in the urban environment differs from other forms of political activity in its scale, speed,...
Persistent link: https://www.econbiz.de/10012900842
high entry barriers on markets. We propose a theory that explains why in a democracy the majority of voters may prefer this …
Persistent link: https://www.econbiz.de/10012867808
suggest that while civil service reforms might weaken the bureaucratic clientelism, the pre-existing patronclient relations … political consolidation in the young democracy. …
Persistent link: https://www.econbiz.de/10012061322
employees who were paid using taxpayers' money. We examine whether being involved in the scandal influenced re-election … of the 2013 state elections. We propose three explanations: (i) the Bavarian state election was a test run for the German … federal election; (ii) the state government made a quite good job of clarifying failings; (iii) in June 2013, a very heavy …
Persistent link: https://www.econbiz.de/10010356702
state and federal elections. We examine whether being involved in the scandal influenced re-election prospects and voter …
Persistent link: https://www.econbiz.de/10010459205
Unlike much of the growing literature on political clientelism, this short paper contains mainly the author's general … reflections on the broad issues of governance (or mis-governance including corruption), democracy, and state capacity that … clientelism has an impact on. It then analyses how its incidence changes with the process of development, and the kind of policy …
Persistent link: https://www.econbiz.de/10012590877
Does higher office always lead to more favoritism? We argue that firms may lose their benefit from a connected politicians ascent to higher office, if it entails stricter scrutiny that may reduce favoritism. Around close Congress elections, we find RDD-based evidence of this adverse effect that...
Persistent link: https://www.econbiz.de/10014427625
This paper provides experimental evidence on the electoral effect of a large education reform in a developing democracy …
Persistent link: https://www.econbiz.de/10014336473