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This paper introduces macroeconomic forecasters as political agents and suggests that they use their forecasts to influence voting outcomes. We develop a probabilistic voting model in which voters do not have complete information about the future states of the economy and have to rely on...
Persistent link: https://www.econbiz.de/10011990008
This paper introduces macroeconomic forecasters as political agents and suggests that they use their forecasts to in uence voting outcomes. We develop a probabilistic voting model in which voters do not have complete information about the future states of the economy and have to rely on...
Persistent link: https://www.econbiz.de/10011984037
This paper compares the runoff system and the plurality rule in terms of the size and composition of public expenditures. I use the change in the voting rule in Italian municipalities at 15,000 residents to implement a regression discontinuity design. The results show that municipalities under...
Persistent link: https://www.econbiz.de/10011920150
Persistent link: https://www.econbiz.de/10012548880
Persistent link: https://www.econbiz.de/10013346616