The post-war United States exhibits two rather strong politico-economic regularities. The political regularity is that the party of the President has always lost votes in aid-term Congressional elections, relative to its Congressional vote in the previous elections; the economic regularity is...

This paper extends the spatial theory of voting to an institutional structure in which policy choices are a function of the composition of the legislature and of the executive. In an institutional setup in which the policy outcome depends upon relative plurality, each voter has incentives to be...

The last three decades have witnessed a sharp increase in the number of states with spilt Senate delegations, featuring two senators of different parties. In addition, there is evidence that senators of different parties do not cluster in the middle: they are genuinely polarized. We propose a...

The last three decades have witnessed a sharp increase in the number of states with spilt Senate delegations, featuring two senators of different parties. In addition, there is evidence that senators of different parties do not cluster in the middle: they are genuinely polarized. We propose a...

This paper extends the spatial theory of voting to an institutional structure in which policy choices are a function of the composition of the legislature and of the executive. In an institutional setup in which the policy outcome depends upon relative plurality, each voter has incentives to be...

The post-war United States exhibits two rather strong politico-economic regularities. The political regularity is that the party of the President has always lost votes in aid-term Congressional elections, relative to its Congressional vote in the previous elections; the economic regularity is...