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  Winners and Losers of Early Elections: On the Welfare Implications of Political Blockades and Early Elections

Bierbrauer, F., & Mechtenberg, L. (2008). Winners and Losers of Early Elections: On the Welfare Implications of Political Blockades and Early Elections.

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 Urheber:
Bierbrauer, Felix1, Autor           
Mechtenberg, Lydia, Autor
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1Max Planck Institute for Research on Collective Goods, Max Planck Society, ou_2173688              

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 Zusammenfassung: We develop a dynamic model of political competition. Each party has a policymotivated ideological wing and an office-motivated opportunistic wing. A blockade arises if inner-party conflict stops policy implementation. We use this model to study whether early elections should be used to overcome a blockade. They have the advantage that urgent decisions are no longer delayed, and the disadvantage that unsuccessful governments gain additional time in office. This may give rise to a time inconsistency. Voters are in favour of a constitution without early elections. However, in the middle of a political crisis, they are willing to abandon it.

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 Datum: 2008
 Publikationsstatus: Erschienen
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 Ort, Verlag, Ausgabe: Bonn : Max Planck Institute for Research on Collective Goods
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 Identifikatoren: Anderer: 2008/50
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