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We advance the literature on political budget cycles by testing separately for cycles in expenditures for elections in the legislative and the executive. Using municipal data, we can separately identify these cycles and account for general year effects. For the executive branch, we show that it...
Persistent link: https://www.econbiz.de/10010437178
We advance the literature on political budget cycles by testing separately for cycles in expenditures for elections in the legislative and the executive. Using municipal data, we can separately identify these cycles and account for general year effects. For the executive branch, we show that it...
Persistent link: https://www.econbiz.de/10010438016
We show that credit rating agencies can influence political elections. We find that incumbent political parties experience an increase in their vote shares following municipal bond upgrades. The evidence is consistent with rating agencies affecting elections indirectly through an expansion of...
Persistent link: https://www.econbiz.de/10012855644
This paper provides empirical evidence on the party incumbency advantage in mayoral elections in Germany. Using a regression discontinuity design on a data set of about 25,000 elections, I estimate a causal incumbency effect of 38-40 percentage points in the probability of winning the next mayor...
Persistent link: https://www.econbiz.de/10014178561
Two origins of the Voting Rights Act are familiar to us. Most prominent is the March 1965 assault of Alabama state troopers and Dallas County, Alabama deputy sheriffs and their posse on civil rights marchers at the Edmund Pettus Bridge in Selma, Alabama. The Supreme Court tells a slightly...
Persistent link: https://www.econbiz.de/10014051726
Many scholars argue that "retrospective voting" is a powerful information shortcut that offsets widespread voter ignorance. Even relatively ignorant voters, it is claimed, can punish incumbents for bad performance and reward them if things go well. But if voters' understanding of which officials...
Persistent link: https://www.econbiz.de/10014159427
We analyze how (anticipated) changes in the competitiveness of the seats of municipal councilors affect their voting behavior over municipal mergers. The competitiveness of the seats changes because the merger changes the composition of political competitors and the number of available seats in...
Persistent link: https://www.econbiz.de/10013007432
This paper studies voters' preferences on municipal borders in a setting with cohabiting linguistic communities. It takes advantage of unique data from referendum results in the Canadian province of Quebec in 2004, which allows a direct investigation of voter preferences. I find that differences...
Persistent link: https://www.econbiz.de/10012921497
Can abundance of natural resources affect legislators' voting behavior over federal tax policies? We construct a political economy model of a federalized economy with district heterogeneity in natural resource abundance. The model shows that representatives of natural resource rich districts are...
Persistent link: https://www.econbiz.de/10012902860
Fiscal decentralization is high on the agenda in policy fora. This paper empirically investigates the underlying causes of fiscal decentralization, based on the predictions of a simple political economy model. We argue that the likeliness that a central government engages in devolution of powers...
Persistent link: https://www.econbiz.de/10013120275