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We study the recruitment of individuals in the political sector. We propose an equilibrium model of political recruitment by two political parties competing in an election. We show that political parties may deliberately choose to recruit only mediocre politicians, in spite of the fact that they...
Persistent link: https://www.econbiz.de/10014186737
We analyze a simple stochastic environment where policymakers can be threatened by "nasty" interest groups. In the absence of these groups, the policymaker's desire for reelection guarantees that good policies are implemented for every realization of the shock. When pressure groups can harass...
Persistent link: https://www.econbiz.de/10014107151
What is the place of political parties within a democratic system of political economy? Parties are often described as intermediaries that lubricate the political process by facilitating the matching of voter preferences with candidate positions. This line of analysis flows from a bi-planar...
Persistent link: https://www.econbiz.de/10012972069
This paper examines the institutional determinants of discipline in legislative parties building on the premise that leaders need to maintain support within the organization to continue leading. Payments distributed by the incumbent on the spot increase the value of promises of future benefits...
Persistent link: https://www.econbiz.de/10014026821
The public management of stock pollutants is an intertemporal problem; today's optimal choice takes the behavior of future governments into account. If a government expects a successor with different environmental preferences - for instance, if "Conservatives" expect "green" successors - it must...
Persistent link: https://www.econbiz.de/10010338155
What explains significant variation across countries in the use of vote buying instead of campaign promises to secure voter support? This paper explicitly models the tradeoff parties face between engaging in vote buying and making campaign promises, and explores the distributional consequences...
Persistent link: https://www.econbiz.de/10011521218
This paper examines the link of political participation and employment status in a dualized labor market. Both insiders and outsiders can actively take part in political decision-making, e.g. by voting for a certain party. Insiders only have the resources to also provide financial donations to...
Persistent link: https://www.econbiz.de/10011715730
2015 first using an auto-regressive distributed lag (ARDL) model and then allowing for asymmetric adjustment by adapting NARDL panel estimation techniques. After finding evidence of asymmetry at the party level, the NARDL results uncover two new stylized facts for ENP at the national party...
Persistent link: https://www.econbiz.de/10012238434
This paper studies the effects of endogenous party formation on political platforms. It develops a model in which parties allow like-minded citizens to, first, share the cost of running in a public election and, second, coordinate on a policy platform. The paper characterizes the set of...
Persistent link: https://www.econbiz.de/10012652734
How do parties choose issues to emphasize in campaigns, and when does electoral competition force parties to address issues important to voters? Empirical studies have found that although parties focus disproportionately on favourable issues in campaigns, they also spend much of the 'short...
Persistent link: https://www.econbiz.de/10012799484