"Pendular Voting" presents a novel two-stage voting procedure: A randomly chosen citizen group votes on a proposal replacing the status quo. Depending on the outcome, a "counterproposal" ensues, that is closer to/further away from the status quo than the original proposal. All citizens vote...

Voting procedures in many democracies satisfy a weak version of fairness called equity (Bartholdi et al., 2021) while violating the standard fairness criterion of anonymity. We study equitable voting procedures when there are more than two alternatives that can be ordered on a left-right...

Previous research has established a link between democratic governance and sustainable economic growth. Yet, over the past decade, we have witnessed a global decline of democratic institutions across a wide range of political contexts. How has this erosion of democracy affected countries'...

This report documents our replication of Braley et al.'s (2023) study, which examined whether voters become less willing to subvert democratic norms upon learning that their political opponents are more committed to democracy than previously assumed. The original study found that correcting...

We study how political parties share power internally by analyzing the allocation of list positions to different factions. We develop a theory of intraparty bargaining in which list positions shape the mobilization efforts of party activists in different factions. Our results allow us to link...

This paper investigates the causal effect of the term length of political executives on economic policy outcomes. To establish causality, we exploit the staggered adoption of four-year terms for governors across US states, using data for the period 1937-2008. We find that increasing governors'...

This is the first of four articles on the 2025 German federal elections, continuing our analysis of the 2009, 2013, 2017 and 2021 elections. We begin with the 2023/24 electoral reform, which aimed to curb the uncontrolled growth of the Bundestag caused by political developments not envisaged in...

This is the second out of four papers on the 2025 German federal elections continuing our analysis of the 2009, 2013, 2017 and 2021 Bundestag elections. We estimate the policy representation ability of the 29 parties that participated in the 2025 elections and of the 2025 Bundestag. For this...

This is the third out four papers on the 2025 German Bundestag elections continuing our analysis of the 2009, 2013, 2017 and 2021 elections. In particular, this paper contributes to the discussion of the imperfection of the German 2023/24 Electoral reform in [Tangian 2025a]. We show that policy...

We study how citizens' right to directly decide on policies through popular initiatives affects the attractiveness of extreme candidates in representative elections. In our theoretical framework, single prominent policy issues on which individual voters hold extreme views get a large weight in...

A model of endogenous growth is presented, based on productive public expenditures, and featuring some degree of income inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital taxation that relies, both on voting and on "influence...

We develop a model to analyze policymakers’ incentives to install policy rules, comparing the case of no rule with a binding and a contingent policy rule that allows policymakers to suspend the rule in response to a sufficiently large shock. First, abstracting from political polarization, we...

Value issues such as climate policy, immigration, or identity politics are among the most polarizing policy issues in the U.S. and other high-income countries. That polarization has been rising over the last decades. I investigate a novel channel of income inequality and political campaign...

In this survey, we investigate the general mechanisms underlying the political economy of attention and review their empirical relevance, in particular for electoral accountability. The focus is on exogenous or stimulus-driven attention that political actors try to win or divert when pursuing...

This paper examines the relationship between political competition and financial development across a global sample of 127 countries, with a particular focus on developed and democratic OECD countries. Building on the theoretical frameworks of Acemoglu and Robinson (2006) and Besley et al....

Intra-party contests, such as the US primaries, are often used to select a candidate for a subsequent cross-party election. A more accurate selection may improve the quality of the candidate but detract more resources from the subsequent campaign. We model this trade-off as a problem of contest...

Intra-party contests, such as the US primaries, are often used to select a candidate for a subsequent cross-party election. A more accurate selection may improve the quality of the candidate but detract more resources from the subsequent campaign. We model this trade-off as a problem of contest...