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This paper presents novel empirical evidence that gambling style behaviour – which has been documented in many areas of … economic decision-making – is important in politics. We show that politicians ‘gamble for re-election’ in the context of a … for the riskier candidate. These results match the predictions derived from our model of rational risk-taking. Gambling …
Persistent link: https://www.econbiz.de/10014543709
Persistent link: https://www.econbiz.de/10011674327
Employing a sample of Spanish municipalities from the Madrid region for the period 2010-2019, we study the influence of a politician's sex on political budget cycles (PBCs). The Madrid region is subject to a homogenous set of budget rules, which allows consistently categorising budget...
Persistent link: https://www.econbiz.de/10013198684
a politician’s sex on political budget cycles (PBCs). The Madrid region is subject to a homogenous set of budget rules …
Persistent link: https://www.econbiz.de/10014078417
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
We exploit a regression discontinuity design to provide causal evidence of the relative age effect (RAE) on a long-run adult age outcome: Political selection. We find strong evidence of the RAE in politics in Finland. However, the effect is heterogeneous: We find that male candidates born early...
Persistent link: https://www.econbiz.de/10012869448
candidates vs proportional system with open list of candidates - on the quality of politicians. The exogenous variation in the … implement a Difference-in- Differences approach to compare the change in politicians' quality (as their education level) across … the treatment group (the Parliamentarians) and the control group (the regional councillors) of politicians before and …
Persistent link: https://www.econbiz.de/10012317702
Political parties play a crucial gatekeeping role in elections, including controlling electoral resources, candidate recruitment, and electoral list compositions. In making these strategic choices, parties aim to encourage candidates to invest in the campaign, while also trying to secure...
Persistent link: https://www.econbiz.de/10014465029
This paper utilizes six-year Senate terms and two-year reporting periods to analyze if Political Action Committees are using their donations to influence the actions of sitting Senators as opposed to simply trying to get those with favorable policy views re-elected. Senators that are early in...
Persistent link: https://www.econbiz.de/10012863070
candidates vs proportional system with open list of candidates - on the quality of politicians. The exogenous variation in the … implement a Difference-inDifferences approach to compare the change in politicians' quality (as their education level) across … the treatment group (the Parliamentarians) and the control group (the regional councillors) of politicians before and …
Persistent link: https://www.econbiz.de/10014090074