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We argue that the question of whether and when policy reform works should be investigated together with the political economy factors responsible for distortionary policies in the first place. These not only determine the initial distortions, but also often shape policy in the post-reform...
Persistent link: https://www.econbiz.de/10005248886
We employ a regression discontinuity design based on close elections to estimate the rents from a seat in the U.S. congress between 1850-1880. Using census data, we compare wealth accumulation among those who won or lost their first race by a small margin. We find evidence of significant returns...
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In this paper we argue that the literature underestimates the value of primaries because it focuses on overall average effects. We argue that primary elections are most needed in safe constituencies, where the advantaged party's candidate can usually win the general election 舒 even if she is...</italic>
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the influence of voters’ preferences on court deicisions only when judges are elected.
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We study the agenda-setting political behavior of a large sample of U.S. newspapers during the 1996–2005 period. Our purpose is to examine the intensity of coverage of economic issues as a function of the underlying economic conditions and the political affiliation of the incumbent president,...
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