This paper assesses the presence of opportunistic electoral budget cycles in Papua New Guinea. Using quarterly time series data, a clear pattern emerges of pre-election manipulations of fiscal policy by incumbent governments, mainly in the form of increased development spending and overall...

This paper develops a model of political regulation in which politicians set the regulated price in order to maximize electoral support by signaling to voters a pro-consumer behavior. Political incentives and welfare constraints interact in the model, yielding an equilibrium in which the real...

This paper analyses why corruption can persist for long periods in a democracy and inquires whether this can result from a well-informed rational choice of the citizens. By applying a citizen-candidate model of representative democracy, the paper analyzes how corruption distortsthe allocation of...

We examine the effects of oil rents on corruption and state stability exploiting the exogenous within-country variation of a new measure of oil rents for a panel of 31 oil-exporting countries during the period 1992 to 2005. We find that an increase in oil rents significantly increases...

In the presence of competing interest groups, this paper examines how the form of votebuying contracts affects policy outcomes. We study contracts contingent upon individual votes, policy outcomes, and/or vote shares. Voters either care about their individual votes, or about the policy outcome....

While most economists agree that seigniorage is one way governments finance deficits, there is less agreement about the political, institutional, and economic reasons for relying on it. This paper investigates the main determinants of seigniorage using panel data on about 100 countries, for the...

The countries that were once British colonies in the Caribbean share a common language and a colonial history of slavery, dominance of a plantation-based sugar industry, and broadly similar government and administrative traditions. Following independence in the late-1960s economic strategies and...

Acknowledgement of the importance of identity to politics and widespread concern about responding adequately to marginalized groups have made otherness a salient concept in contemporary political thought. Yet, there has not appeared in the literature any attempt to clarify the distinctive forms...

Alexis de Tocqueville's examination of the political and social climate over the issue of slavery in the textual culmination of his travels throughout the U.S. in 1830s, Democracy in America, casts a shadow over the sustainability of a single American nation-state. Although Tocqueville's...

Tocqueville's discovery of a muscular, participatory citizenship in the United States is well known, as is his argument that such citizenship is vital to the success of democracy. This has been a source of both self-congratulation and anxiety among Americans, the anxiety stemming from worries...