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We examine partisan bias in inflation expectations. Our dataset includes inflation expectations of the New York Fed's Survey of Consumer Expectations over the period June 2013 to June 2018. The results show that inflation expectations were 0.46 percentage points higher in Republican-dominated...
Persistent link: https://www.econbiz.de/10012113604
We examine partisan bias in inflation expectations. Our dataset includes inflation expectations of the New York Fed's Survey of Consumer Expectations over the period June 2013 to June 2018. The results show that inflation expectations were 0.46 percentage points higher in Republican-dominated...
Persistent link: https://www.econbiz.de/10012119953
Persistent link: https://www.econbiz.de/10012497710
Persistent link: https://www.econbiz.de/10014583627
By examining voting behavior in a referendum on the construction of a concert hall in Germany, I show that political ideology influences cultural policy. The results suggest that resistance to the concert hall was particularly strong in electoral districts in which majorities of citizens vote...
Persistent link: https://www.econbiz.de/10003958515
Persistent link: https://www.econbiz.de/10009129654
Principal-agent problems can arise when preferences of voters are not aligned with preferences of political representatives. Often the consequence of the political principal-agent problem is political catering to special interests. In this paper I provide examples of principal-agent problems...
Persistent link: https://www.econbiz.de/10009765038
Principal-agent problems can arise when preferences of voters are not aligned with preferences of political representatives. Often the consequence of the political principalagent problem is political catering to special interests. In this paper I provide examples of principal-agent problems...
Persistent link: https://www.econbiz.de/10010188873
This paper describes the empirical evidence on partisan politics in OECD panel studies. I elaborate on the research designs, the measurement of government ideology and why the empirical studies do not and cannot derive causal effects. Discussing about 100 panel data studies, the results indicate...
Persistent link: https://www.econbiz.de/10011515448
In many European countries established leftwing and rightwing parties have been threatened by policy convergence and, in turn, new populist parties that offer more polarized platforms. I investigate whether government ideology influences dragnet-controls - controls of persons conducted by the...
Persistent link: https://www.econbiz.de/10011956331