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informed than others. We develop a model where the voting mistakes resulting from low political knowledge reduce the weight of …. In US election survey data, we find that income is more important in affecting voting behavior for more informed voters … in line with our theory. …
Persistent link: https://www.econbiz.de/10009324089
. Fiscal competition is associated with less income redistribution and a less equal distribution of disposable incomes, but …
Persistent link: https://www.econbiz.de/10010877914
influences the succeeding education policy. More surprisingly, the prospect of voting on education policy also affects the … the two-dimensional heterogeneity of the citizens shapes the voting equilibrium in our setting with sequential voting. …
Persistent link: https://www.econbiz.de/10005051539
and the extent of redistribution in democratic regimes – though such a link does not exist when objective measures of …
Persistent link: https://www.econbiz.de/10010877656
Migration contributes to the circulation of goods, knowledge, and ideas. Using community and individual-level data from … Moldova, we show that the emigration episode that started in the late 1990s strongly affected political preferences and …. Identification relies on the quasi-experimental context studied and on the differential effects arising from the fact that emigration …
Persistent link: https://www.econbiz.de/10010693475
This paper examines the role of cultural factors in driving the politics and shape of migration policy. We show that … equilibria: some countries have mostly temporary migration programs and see a low degree of cultural assimilation by the migrants …
Persistent link: https://www.econbiz.de/10008572555
of utility, and lower preferred levels of income redistribution. In societies with a low level of actual social mobility …
Persistent link: https://www.econbiz.de/10008671705
We present and test a theory of prospective and retrospective pocketbook voting. Focusing on two large reforms in … Sweden, we establish a causal chain from policies to sizeable individual gains and losses and then to voting. The Social …-in-differences strategy for identification. We find clear evidence of prospective pocketbook voting. Voters respond to campaign promises but …
Persistent link: https://www.econbiz.de/10005196265
This review paper articulates the relationship between prediction market data and event studies, with a special focus on applications in political economy. Event studies have been used to address a variety of political economy questions - from the economic effects of party control of government...
Persistent link: https://www.econbiz.de/10009020786
In this paper we provide a novel justification for the use of minimum wage rules to supplement the optimal tax-and-transfer system. We demonstrate that if labor supply decisions are concentrated along the intensive margin and employment is efficiently rationed, a minimum wage rule can be...
Persistent link: https://www.econbiz.de/10010877848