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Many countries, especially developing ones, follow procyclical fiscal polices, namely spending goes up (taxes go down) in booms and spending goes down (taxes go up) in recessions. We provide an explanation for this suboptimal fiscal policy based upon political distortions and incentives for...
Persistent link: https://www.econbiz.de/10012467077
One frequently overlooked aspect of the U.S.-style electoral college system is that it discourages election fraud. In a presidential election based on the popular vote, competing political parties are motivated to manipulate votes in areas where they hold the most significant influence, such as...
Persistent link: https://www.econbiz.de/10014322861
Many observers have forecast large partisan shifts in the US electorate based on demographic trends. Such forecasts are appealing because demographic trends are often predictable even over long horizons. We backtest demographic forecasts using data on US elections since 1952. We envision a...
Persistent link: https://www.econbiz.de/10015094858
This paper studies the manipulation of electoral maps by political parties, known as gerrymandering. At the core of our analysis is the recognition that districts must have the same population size but only voters matter for electoral incentives. Using a novel model of gerrymandering that allows...
Persistent link: https://www.econbiz.de/10014322829
This paper provides field evidence on the link between morals and political behavior. We develop a theory-guided real …
Persistent link: https://www.econbiz.de/10014287365
Due to a last-minute fight among the candidates, Vox, a party at the right end of the Spanish political spectrum, could not run in Santa Cruz de Tenerife, a relatively representative electoral constituency, in the general election of July 23, 2023. Since this fight was a power struggle within...
Persistent link: https://www.econbiz.de/10014576639
Evidence on the relationship between political contributions and legislators' voting behavior is marred by concerns about endogeneity in the estimation process. Using a legislator's offspring sex mix as an exogenous variable, we employ a two-stage least squares estimation procedure to predict...
Persistent link: https://www.econbiz.de/10012464704
Polities differ in the extent to which political parties can pre-commit to carry out promised policy actions if they take power. Commitment problems may arise due to a divergence between the ex ante incentives facing national parties that seek to capture control of the legislature and the ex...
Persistent link: https://www.econbiz.de/10012467285
We conduct parallel surveys of legislators and citizens in three countries to study their tolerance for corruption. In …-offs between, for example, probity and efficiency: both perceive corruption as undesirable but prevalent. These novel descriptive … data further reveal that legislators generally have accurate beliefs about public opinion on corruption and understand its …
Persistent link: https://www.econbiz.de/10015056149
, particularly tax-smoothing practices. Focusing on democratic representation and control of corruption, our dynamic political …
Persistent link: https://www.econbiz.de/10014447264