investments decrease by 4.36% in parliamentary election years. Moreover, investment responses to electoral shocks differ markedly … resume in post-election years. The electoral effect results in a net loss in investment over the election cycle …

. Specifically, FDI inflows contract by 11 percentage points in the year before an election compared to non-election periods, or … find evidence that these cycles are not caused by economic crises related to elections or pre-election manipulation of …

selectorate in specific instances of successful autocracy. We also show that, consistent with the theory, leadership turnover in …

Random factors such as bad weather or exogenous economic shocks affect the re-election of politicians and can reduce … accountability. Such distorted election choices interact with the architecture of government. Contrasting centralized with … decentralized political systems, this study shows that centralization is likely to result in higher accountability if election …

This study analyzes the interaction between distorted election choices and the architecture of government with a focus …, it is shown that centralization is likely to result in higher accountability if election choices are subject to small …