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In the majority of democratic political systems, districts elect representatives, who form coalitions, which determine policies. In this paper we present a model which captures this process: A citizen-candidate model with multiple policy dimensions in which elected representatives endogenously...
Persistent link: https://www.econbiz.de/10008503589
This paper reconsiders Persson and Tabellini’s (2003,2004) analysis of the causal effect of constitution type on government size, it addresses the concerns of Acemoglu ( 2005) and makes some further refinements to argue that there is a qualitatively large, and statistically significant...
Persistent link: https://www.econbiz.de/10008485535
The labor share of income varies markedly across the set of democracies. A model of the political process, situated in a simple macroeconomic environment is analyzed in which the cause of this variation is linked to differences in the form of democracy - in particular the adoption of a...
Persistent link: https://www.econbiz.de/10008788424
A common assumption in political economy is that there exists a consistent and well defined policy space. Often, this space is assumed to be adequately represented by a single `left' - `right' dimension. This paper makes the case that it is not only convenient but also meaningful to talk of the...
Persistent link: https://www.econbiz.de/10008458597