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We show that a large electorate of ignorant voters can succeed in establishing high levels of electoral accountability. In our model an incumbent politician is confronted with a large number of voters who receive very noisy signals about her performance. We find that the accountability problem...
Persistent link: https://www.econbiz.de/10011287647
urban, more educated and relatively wealthier municipalities. Findings are consistent with the hypothesis that politicians …
Persistent link: https://www.econbiz.de/10011289331
Politicians differ in their ability to implement some policy. In an election, candidates make commitments regarding the …
Persistent link: https://www.econbiz.de/10011380750
This paper offers an explanation for why policy makers stick to inefficient policy decisions. I argue that repealing a policy is a bad signal to voters about the policy maker's competence if voters do not have complete knowledge about the effects of implemented policies. I derive the optimal...
Persistent link: https://www.econbiz.de/10011301144
We develop a simple two period model to study the importance of motivational differences among politicians in … describing the role of elections and explaining policy choices. In our model, politicians differ in their motives of running … public office. Good politicians care about policies while bad politicians care about rent extraction. Voters want to control …
Persistent link: https://www.econbiz.de/10011343267
candidates by observing their pre-election behavior. Egoistic types may strategically imitate benevolent types in the pre-election … the public sector is effective. We analyze the role of institutions like investigative media and re-election and show that …
Persistent link: https://www.econbiz.de/10011344857
We study the returns to political office using data from Finnish parliamentary elections in 1970-2007 and municipal elections in 1996-2008. The discontinuity of electoral outcomes in individual candidate votes allows us to estimate the causal effect of being elected on subsequent income. Getting...
Persistent link: https://www.econbiz.de/10010223364
politicians' quality is positively affected by their wage and apply a Fuzzy Regression Discontinuity Design relying on the fact …
Persistent link: https://www.econbiz.de/10010344923
Members of parliament (MPs) often decide on their own salaries. Voters dislike self-serving politicians, and … politicians are keen to gratify their voters. In line with the political business cycle theories, politicians thus may well delay … increased by one percent. Politicians can increase their salaries at any point of time in the legislative period: understanding …
Persistent link: https://www.econbiz.de/10011517956
In this paper incumbency effects in Federal Elections and Mayoral Elections in Germany are estimated using a quasi-experimental design which allows for causal inference under a set of rather mild assumptions. Relying on nonparametric and parametric estimation procedures and exploiting a recently...
Persistent link: https://www.econbiz.de/10009671568