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Using an estimation method developed by Blanchard and Wolfers (2000) we study whether the size of a country's legislature impacts its fiscal response to common and country-specific shocks. The use of this method allows us to estimate the effects of legislature size while also controlling for...
Persistent link: https://www.econbiz.de/10013049314
I use event study and synthetic control methods on a panel of American states over the period 1960 -- 2008 to test whether adoption of a supermajority requirement impacts state-level expenditures and tax revenue. I find evidence that supermajority requirements lead to a sustained reduction in...
Persistent link: https://www.econbiz.de/10012827051