Showing 1 - 10 of 17
We examine the effects of the interaction between lobbying and legislative bargaining on policy formation. Two systems are considered: a US-style congressional system and a European-style parliamentary system. First, we show that the policies generated are not intermediate between policies that...
Persistent link: https://www.econbiz.de/10014158137
This paper investigates the determinants of political polarization, a phenomenon of increasing relevance in Western democracies. How much of polarization is driven by divergence in the ideologies of politicians? How much is instead the result of changes in the capacity of parties to control...
Persistent link: https://www.econbiz.de/10012910288
empirically investigate these results examining proposed Internet intellectual property protection legislation in the 106th …
Persistent link: https://www.econbiz.de/10013123305
In this paper we demonstrate that legislation has a simple, yet previously undetected impact on firm stock prices … firms any given piece of legislation will affect, and how it will affect them. By observing the actions of legislators whose … constituents are the affected firms, we can gather insights into the likely impact of government legislation on firms. Specifically …
Persistent link: https://www.econbiz.de/10013102187
For several decades now a debate has raged about policy-making by litigation. Spurred by the way in which tobacco, environmental, and other litigation has functioned as an alternative form of regulation, the debate asks whether policy-making or regulation by litigation is more or less socially...
Persistent link: https://www.econbiz.de/10013151132
A large literature has documented relationships between state clean indoor air laws (SCIALs) and smoking-related outcomes in the US. These laws vary within states over time and across venues such as schools, government buildings, and bars. Few studies, however, have evaluated whether the effects...
Persistent link: https://www.econbiz.de/10013151383
This paper examines the relationship between the concentration of political power in legislative bargaining and the predictability of the process governing the recognition of legislators. Our main result establishes that, for a broad class of legislative bargaining games, if the recognition...
Persistent link: https://www.econbiz.de/10013056192
We develop a theory of taxation and the distribution of government spending in a citizen-candidate model of legislatures. Individuals are heterogeneous in two dimensions: productive ability in the private sector and negotiating ability in politics. When these are positively correlated, rich...
Persistent link: https://www.econbiz.de/10012928313
In this paper, we study the extent to which social connections influence the legislative effectiveness of members of the U.S. Congress. We propose a new model of legislative effectiveness that formalizes the role of social connections and generates simple testable predictions. The model predicts...
Persistent link: https://www.econbiz.de/10013233350
While the theoretical literature on non-cooperative legislative bargaining has grown voluminous, there is little empirical work attempting to test a key prediction in this literature: proposal power is valuable. This paper aims to fill this gap in the literature by investigating the role of...
Persistent link: https://www.econbiz.de/10013233902