We examine how electoral motives influence active labor market policies that promote job-creation. Such policies reduce unemployment statistics. Using German state data for the period 1985 to 2004, we show that election-motivated politicians pushed job-promotion schemes before elections. --...

Can political leaders influence macroeconomic expectations on a global scale? We design a large-scale survey experiment among influential economic experts working in more than 100 countries and use the 2020 US presidential election as a quasi-natural experiment to identify the effect of the US...

In January 2005, the German Supreme Court permitted the state governments to charge tuition fees. By exploiting the natural experiment, we examine how government ideology influenced tuition fee policy. The results show that right-wing governments were active in introducing tuition fees. By...

Wirtschaftliche Kennzahlen wie das Wirtschaftswachstum sind wichtige Indikatoren zur Bewertung politischer Entscheidungsträger. In den USA hatten Präsidenten der demokratischen Partei höhere Wachstumsraten als die der republikanischen Partei. Dieser Artikel untersucht den Zusammenhang...

Social interactions affect individual behavior in a variety of ways, but their effects on expectation formation are less well understood. We design a large-scale global survey experiment among renowned experts working in 135 countries to study whether peer effects impact expectations about the...