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Title:Winners and losers of early elections: on the welfare implications of political blockades and early elections PDF Logo
Authors:Bierbrauer, Felix
Mechtenberg, Lydia
Issue Date:2008
Series/Report no.:SFB 649 discussion paper 2008,071
Abstract: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.
Subjects:Early elections
political blockades
ideological rigidities
JEL:D72
D61
D82
Document Type:Working Paper
Appears in Collections:SFB 649 Discussion Papers, HU Berlin

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