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This volume includes five self-contained chapters in the fields of public debt and fiscal transfer schemes. After an introduction to the topic, chapter 2 shows that the institutional setting of fiscal policy making needs to be considered when assessing the sustainability of fiscal policy. Using...
Persistent link: https://www.econbiz.de/10011742833
gravity models for developed countries to include unemployment (chapter 2) and for Latin American and Caribbean developing … migration and trade and their effects on unemployment (chapter 5), and the dynamics of democracy and income chapter 6). …
Persistent link: https://www.econbiz.de/10011742960
The rise of a crisis-prone banking sector and its political power has received significant attention following the most recent financial crisis. The crisis sparked a growing interest in understanding how and why we have created a world of large, unstable banks. Excessive banking activity arose...
Persistent link: https://www.econbiz.de/10011742914
The role of electoral incentives vs. selection is ideally analyzed in a setting where the same legislators are selected to decide on policies under different electoral rules and where voter preferences on policies can be precisely measured. This is the first paper to look at such a situation....
Persistent link: https://www.econbiz.de/10012286323
magnitude of this effect is found to be independent of the unemployment level. For the left, the positive effect of asylum … seekers tapers off with increases in unemployment, eventually becoming negative. The results suggest that the confluence of … high unemployment and high immigration would tilt the electoral landscape in Germany to the right. …
Persistent link: https://www.econbiz.de/10012310753
After more than one decade of sustained economic growth, accompanied by falling poverty and inequality, Brazil has been hit by an economic recession starting in 2014. This paper investigates the consequences of this labor market shock for the victory of far-right Jair Bolsonaro in the 2018...
Persistent link: https://www.econbiz.de/10012438200
How does competition affect the entry and selection of politicians? I use data on U.S. Congressional primary and general elections for the years 1998-2014 to study this question. I measure quality using previous legislative experience and the novel "identity match" quantifying how well...
Persistent link: https://www.econbiz.de/10013335975
of displacement, in terms of, for example, unemployment duration, and earning losses is comprehensive (See e … characteristics of the regional economy refer to, for example, the size of the region, unemployment level and industrial turbulence in …
Persistent link: https://www.econbiz.de/10011478297
considerably increased inflows from employment into unemployment, and 33 percent of the reduced outflows from unemployment to … unemployment in the short run by 80,000 persons …
Persistent link: https://www.econbiz.de/10013341782
This dissertation consists of six self-contained chapters that are related to the behavior of firms and politicians in a broader sense. After an introduction to the topic, the first part of the dissertation elaborates on how institutional and political framework conditions influence the behavior...
Persistent link: https://www.econbiz.de/10011741962