By downplaying externalities, magnifying the cost of moral behavior, or suggesting not being pivotal, exculpatory narratives can allow individuals to maintain a positive image when in fact acting in a morally questionable way. Conversely, responsibilizing narratives can help sustain better...

Häufig wird erst bei der Schlußevaluierung von TZ-Projekten erkannt, daß das Nichterreichen von Teilzielen oder gar das Scheitern des gesamten Projektes auf die mangelnde Berücksichtigung sozialer und soziokultureller Voraussetzungen zurückzuführen sind. Es reicht nicht aus, technische,...

The dissertation includes four studies broadly connected to the causes and consequences of the Global Financial Crisis of 2007-8 from a political economy perspective. Following the intro-duction, Chapter 2 analyzes the political roots of massive foreign reserves accumulation, which has...

I construct a model of public policy development, and use the model to explain why the United States has a comparatively small public sector, but instead a large private welfare state with employment-based benefits. The key factors are politically organized firms and labor unions. These interest...

This paper explores the role of political stability on fiscal policy choices in a time-series analysis over 158 years on the Swiss federal level. We argue that the fiscal-commons problem of public finances is affected by the time-horizon of a finance minister. Arguably, the incentives for an...

This paper studies whether in Pakistan the dynamic behavior of unemployment, inflation, budget deficit and real GDP growth is systematically affected by the timing of elections. We cover the period from 1973-2009. Our results can be summarized as follows: 1. Unemployment tends to be lower in...