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extremely influential review of the literature linking economics and elections, what they called the “VP functions.” In that … has come to be known as economic voting. As shall be shown, Nannestad and Paldam were prescient in their early …
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behaviour on the economy, it has not (yet) managed to fully develop a positively formulated "economic theory of politics" that …
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effort so that performance becomes a more accurate signal of her ability. Elections reduce the experimentation effect, and … the reduction in this effect may more than offset the positive "career-concerns" effect of elections on effort. Moreover …, when this occurs, appointment of officeholders may Pareto-dominate elections. …
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Viewing fiscal policies as the outcome of democratically resolved conflicts of households over public goods and taxes, the “economic model of politics” proposes a public choice approach, which does not rely on social welfare functions. With it, a country’s overall budget can be derived...
Persistent link: https://www.econbiz.de/10005264039
We study the effects of electoral institutions on the size and composition of public expenditure in OECD and Latin American countries. We present a model emphasizing the distinction between purchases of goods and services, which are easier to target geographically, and transfers, which are...
Persistent link: https://www.econbiz.de/10005264182
election is not quite the same as a series of single seat elections. Direct single seat elections such as for the chief … seats elections that rely on a single vote such as common elections for Parliament or the U.S. Congress. The didactics … want more districts, the examples of the UK 2010 and Dutch 2006 general elections are developed in some detail. Subordinate …
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values. The SSPI can serve as a control for power imbedded in voting blocs, permitting fuller analysis of other factors that …
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