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While economists have tended to focus on specific public policies when developing recommendations, the achievement of welfare objectives might depend more on the quality of policies than their content. This paper develops several measures of the qualities of policies across countries, arguing...
Persistent link: https://www.econbiz.de/10010278205
Veto player theory argues that a higher number of veto players lowers the likelihood of change; in turn, policies that do not change help to sustain commitments but may prevent adaptation to changing circumstances. This paper challenges that claim of veto player theory by arguing that policy...
Persistent link: https://www.econbiz.de/10010278246
This paper introduces preliminary evidence from a cross-country database of policy characteristics and potential uses of that database. While most databases have emphasized either the content of policies (e.g., size of government deficits) or countries' formal institutions (e.g., political...
Persistent link: https://www.econbiz.de/10010278299
Persistent link: https://www.econbiz.de/10005757157
The capacity to sustain policies over time and the capacity to adjust policies in the face of changing circumstances are two desirable properties of policymaking systems. The veto player approach has suggested that polities with more veto players will have the capacity to sustain policies at the...
Persistent link: https://www.econbiz.de/10008540535
Persistent link: https://www.econbiz.de/10008541341
The capacity to sustain policies over time and the capacity to adjust policies in the face of changing circumstances are two desirable properties of policymaking systems. The veto player approach has suggested that polities with more veto players will have the capacity to sustain policies at the...
Persistent link: https://www.econbiz.de/10008541373
Persistent link: https://www.econbiz.de/10005365228
Persistent link: https://www.econbiz.de/10005512039
Abstract: This paper presents a new data set on electoral systems and outlines its potential uses in further research exploring the connections between electoral systems and economic outcomes. The data set provides indicators of the degree to which individual politicians can further their...
Persistent link: https://www.econbiz.de/10005597776