Showing 1 - 10 of 22
Do politicians with a military background decide differently on military affairs? We investigate the informative institutional setting of the Swiss conscription army. Politicians who served in the military have a higher probability of accepting pro-military legislative proposals, even when...
Persistent link: https://www.econbiz.de/10011096304
We analyze political representation of preferences of different income groups by matching referendum outcomes for low, middle, and high-income voters with individual legislators' decisions on identical policy proposals. Results indicate that legislators more closely represent preferences of rich...
Persistent link: https://www.econbiz.de/10011098699
We identify the impact of transparency in political decision -making on the quality of political representation with a difference- in-difference strategy. The quality of political representation is measured by observed divergence of parliamentary decisions from revealed voter preferences on the...
Persistent link: https://www.econbiz.de/10010763995
Public debts capitalize into property prices. Therefore, property owners tend to favor tax over debt financing for government spending. In contrast, tenants do not suffer from debt capitalization. Thus, they tend to favor debt over tax financing. Our model of the resulting democratic fight...
Persistent link: https://www.econbiz.de/10005808605
Rational individuals know that present government debts transform into higher future taxes. The Ricardian equivalence implies that the burden of the debt is not shifted between generations because of compensating intergenerational transfers. While the assumptions for Ricardian equivalence to...
Persistent link: https://www.econbiz.de/10005808616
Who is the best formula 1 driver? Until today it was impossible to answer this question because the observable performance of a driver depends both on his talent and the quality of his cars. In this paper we for the first time separate driver talent from car quality by econometrically analyzing...
Persistent link: https://www.econbiz.de/10005226976
Electoral systems determine the role party affiliations play in political representation. According to conventional expectations, politicians’ party affiliations should influence political representation when they are elected by proportional representation. In contrast, majoritarian...
Persistent link: https://www.econbiz.de/10009646021
We analyze whether female or male members of parliament adhere more closely to citizens’ revealed preferences with quasi-experimental data. By matching individual representatives’ voting behavior on legislative proposals with real referenda outcomes on the same issues, we identify...
Persistent link: https://www.econbiz.de/10009646022
In parliament, individual representatives vote with a certain probability according to their constituents’ preferences. Thus, the mechanism of the Condorcet Jury Theorem can be fruitfully applied to parliamentary representation: The probability that a majority of representatives votes...
Persistent link: https://www.econbiz.de/10009223203
We match individual senators’ voting behavior on legislative proposals with 24 real referenda decisions on exactly the same issues with identical wording. This setting allows us to evaluate the median voter model’s quality with revealed constituents’ preferences. Results...
Persistent link: https://www.econbiz.de/10009223204