Showing 1 - 10 of 29
Principal-agent problems can arise when preferences of voters are not aligned with preferences of political representatives. Often the consequence of the political principal-agent problem is political catering to special interests. In this paper I provide examples of principal-agent problems...
Persistent link: https://www.econbiz.de/10010762181
Using the POLITY IV and Freedom House indices, Rowley and Smith (Public Choice 139(3-4):273, 2009) found that countries with Muslim majorities enjoy less freedom and are less democratic than countries in which Muslims are a minority. Because the POLITY IV and Freedom House indices have been...
Persistent link: https://www.econbiz.de/10010762185
Potrafke N. Economic freedom and government ideology across the German states, Regional Studies. This paper examines whether government ideology influenced economic freedom across the German states. The results show that in former West Germany rightwing governments promoted economic freedom,...
Persistent link: https://www.econbiz.de/10010762296
I study diversity in views expressed by economists regarding appropriate economic policies. The dataset is for voting by economists on the German Council of Economic Experts, over the period 1971-2011. The results show that the best predictor of minority voting is having been nominated by the...
Persistent link: https://www.econbiz.de/10010762317
This paper examines whether government ideology has influenced political alignment with the U.S. in voting in the UN General Assembly. I analyze a dataset of UN General Assembly voting behavior of 21 OECD countries over the 1984-2005 period employing two alternative indices of government...
Persistent link: https://www.econbiz.de/10010762358
We investigate empirically whether political institutions or culture and religion underlie gender inequality in education. The dataset contains up to 157 countries over the 1991-2006 period. The results indicate that political institutions do not significantly influence education of girls:...
Persistent link: https://www.econbiz.de/10010762367
This paper empirically investigates the influence of globalization on various aspects of labor market deregulation. I employ the data set by Bassanini and Duval (2006) on labor market institutions in OECD countries and the KOF index of globalization. The data set covers 20 OECD countries in the...
Persistent link: https://www.econbiz.de/10010762377
This paper examines whether government ideology influenced the allocation of public expenditures on education and cultural affairs in the West German states in the 1974-2006 period. I explicitly consider the allocation of policy responsibilities between the federal and the states’ governments....
Persistent link: https://www.econbiz.de/10010897372
This paper examines whether government ideology has influenced monetary policy in OECD countries. We use quarterly data in the 1980.1-2005.4 period and exclude EMU countries. Our Taylor-rule specification focuses on the interactions of a new time-variant index of central bank independence with...
Persistent link: https://www.econbiz.de/10010897374
Two hypotheses relate to the globalization-welfare state nexus: the efficiency hypothesis predicts that globalization reduces government sector size and governments’ capacity to finance the welfare state. The compensation hypothesis, in contrast, predicts that globalization induces a higher...
Persistent link: https://www.econbiz.de/10010897383