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Majority vote on educational standards : conference paper

Schwager, Robert - 2013 - First draft

The direct democratic choice of an examination standard, i.e., a performance level required to graduate, is evaluated against a utilitarian welfare function. It is shown that the median preferred standard is inefficiently low if the marginal cost of reaching a higher performance reacts more...

Persistent link: https://www.econbiz.de/10010338946

Who trusts Berlusconi? : an econometric analysis of the role of television in the political arena

Sabatini, Fabio - 2011

This paper contributes to the literature by carrying out the first econometric investigation into the role of television in the formation of political consensus in Italy. Based on probit and instrumental variables estimates, we find trust in television to be the most significant predictor of...

Persistent link: https://www.econbiz.de/10011524858

The political costs of oil price shocks

Arezki, Rabah; Djankov, Simeon; Nguyen, Ha; Yotzov, Ivan - 2022

We explore the effect of oil import price shocks on political outcomes using a worldwide dataset on elections of chief executives. Oil import price shocks cause a reduction in the odds of reelection of incumbents, an increase in media chatter about fuel prices, and an increase in non-violent...

Persistent link: https://www.econbiz.de/10013205030

Political business cycle and fiscal discipline in Sub-Saharan Africa

Obakemi, Funsho; Adebowale, Hammed Adesola; Yusuf, … - In: European journal of government and economics : EJGE 10 (2021) 2, pp. 185-205

significant effect in the pre-election year. In addition, we found evidence suggesting that though democracy significantly lowers …

Persistent link: https://www.econbiz.de/10013174023

Aid's impact on democracy

Niño-Zarazúa, Miguel; Horigoshi, Ana; Gisselquist, … - 2022

democratic governance. The analysis distinguishes between developmental aid and democracy aid, and examines democracy aid to …-operation and Development's (OECD) Creditor Reporting System (CRS) data on foreign aid and indices of democracy from the Varieties … of Democracy project, employing a combination of a maximum likelihood estimation and structural equation modelling (ML …

Persistent link: https://www.econbiz.de/10012816272

Governance and Group Conflict

Kölle, Felix - 2020 - This version: January 2020

giving participants the possibility to choose which institution to adopt, we find that democracy is the by far most popular …

Persistent link: https://www.econbiz.de/10012419136

The political scar of epidemics

Aksoy, Cevat Giray; Eichengreen, Barry; Saka, Orkun - 2020

What will be political legacy of the Coronavirus pandemic? We find that epidemic exposure in an individual's "impressionable years" (ages 18 to 25) has a persistent negative effect on confidence in political institutions and leaders. We find similar negative effects on confidence in public...

Persistent link: https://www.econbiz.de/10012237452

The political scar of epidemics

Aksoy, Cevat Giray; Eichengreen, Barry; Saka, Orkun - 2020

Persistent link: https://www.econbiz.de/10012240763

Democracy's third wave and national defense spending

Blum, Johannes - 2020

I investigate how the third wave of democracy influenced national defense spending by using a panel of 110 countries … four democracy measures to address differences among democracy indices. The results from a dynamic panel data model suggest … that democracy's third wave decreased defense spending relative to GDP by about 10% within countries that experienced …

Persistent link: https://www.econbiz.de/10012300935

The rise of the "no party" in England

Aidt, Toke; Rauh, Christopher - 2019

We document a remarkable increase over the past two and a half decades in the fraction of people in England feeling close to no party - the rise of the "no party" - which, today, is close to constituting an absolute majority. We develop a new method to distinguish between age, period, and cohort...

Persistent link: https://www.econbiz.de/10012064547