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Aggregate votes for incumbent parties in post-war Germany were determined by the weighted-average growth of real per capita disposable income. Each percentage point of per capita real disposable income growth sustained over the legislative term yielded approximately two percentage points of...
Persistent link: https://www.econbiz.de/10003816511
Aggregate votes for incumbent parties in post-war Germany were determined by the weighted-average growth of real per capita disposable income and the attrition of power, especially when the Federal Chancellor sought re-election more than twice. Similar to earlier results for the US, each...
Persistent link: https://www.econbiz.de/10003771036
We construct a dynamic model of political and economic behavior to examine the impact of variations in term lengths and term limits. Term lengths and term limits alter politicians' time horizons and affect voters' use of elections to attain political accountability and select competent...
Persistent link: https://www.econbiz.de/10014160850
This study aims to investigate the demographic, social, and economic drivers of rising abstention and populist electoral success in Italy in 2018. The Italian case is unique in the euro area because, in the political elections of 4 March 2018, two parties usually identified as left-wing and...
Persistent link: https://www.econbiz.de/10014077123
Freedom of movement is one of the great issues of our time. Expanding opportunities for both international and internal migration can greatly expand freedom and opportunity for hundreds of millions of people. The same goes for expanding freedom of choice in the private sector. “Voting with...
Persistent link: https://www.econbiz.de/10013250317
During the Great Recession mass demonstrations indicated weakened political support in Europe. We show that growing dissatisfaction often reflects poor economic conditions and unemployment is particularly important. Using individual level data for 16 Western European countries for 1976-2010, we...
Persistent link: https://www.econbiz.de/10010230320
During the Great Recession mass demonstrations indicated weakened political support in Europe. We show that growing dissatisfaction reflects poor economic conditions; unemployment is particularly important. Using individual level data for 16 Western European countries for 1976-2010, we find that...
Persistent link: https://www.econbiz.de/10011489956
Ballot box voting is often considered the essence of political freedom. But it has two major shortcomings: individual voters have little chance of making a difference, and they also face strong incentives to remain ignorant about the issues at stake. "Voting with your feet," however, avoids both...
Persistent link: https://www.econbiz.de/10012830789
Do events that draw public attention towards an issue impact electoral outcomes? I compile data on mass shootings 2000-16 to analyze the impact of mass shootings on political outcomes. Using a Difference-in-Differences strategy, I find that Republicans lose votes in areas with mass shootings...
Persistent link: https://www.econbiz.de/10014107160
In this paper we study the link between elections, fiscal policy and economic growth/fluctuations. The set-up is a dynamic stochastic general equilibrium model of growth and endogenously chosen fiscal policy, in which two political parties can alternate in power. The party in office chooses...
Persistent link: https://www.econbiz.de/10001900202