Christian Dippel, Robert Gold, Stephan Heblich, 07 October 2016

The increasing polarisation of politics in the US in particular has spurred scholarly research on the potential links to increasing globalisation. This column focuses instead on Germany to investigate whether the rise of right-wing populism is associated with increased international trade. Regions most threatened by exposure to imports saw increases in support for far-right parties, while regions that benefited from export opportunities saw decreases. To counter this globalisation backlash, policy should aim to cushion the effects of trade exposure on the losers from globalisation. 

, 05 September 2016

Does the electoral process play a part in teacher hiring? In this video, Sonja Fagernäs discusses the role of elections on the reorganization of teachers. This video was recorded during a UNU-WIDER conference on “Human capital and growth” held in June 2016.

Maleke Fourati, Gabriele Gratton, Pauline Grosjean, 14 July 2016

It is typically argued that the rising popularity of Islamist parties in parts of the Arab world reflects votes from the poor and disenfranchised. This column challenges this perspective, arguing that Islamist parties gain political support from the middle classes, due in large part to neoliberal economic policies. Using survey and electoral data from Tunisia, it shows that belonging to the middle class and living in a rich district together affect the decision to vote for the religious party more than actually being religious. These findings suggest that the same framework used to analyse political competition in the West can be fruitfully applied to the Muslim world. 

Brian Knight, Ana Tribin, 06 May 2016

The media plays a significant role in politics, but households can choose not to consume political propaganda delivered through the media. This column uses evidence from Venezuela to show that households that support opposition parties are more inclined to switch away from, or tune out of, government propaganda delivered via the television. Higher-income households, which tend to have access to alternative channels via cable, are also less likely to consume propaganda. These findings have significant implications for politically polarised societies.

Lars Ivar Oppedal Berge, Kjetil Bjorvatn, Simon Galle, Edward Miguel, Daniel N. Posner, Bertil Tungodden, Kelly Zhang, 11 February 2016

Ethnic divisions have been shown to adversely affect economic performance and political stability, particularly in Africa. However, the underlying mechanisms remain poorly understood. Using experimental data from Kenya, this column studies whether one potential mechanism – co-ethnic bias – affects altruism. Strikingly, most tests yield no evidence of co-ethnic bias, suggesting that other mechanisms must be driving the negative association between ethnic diversity and economic and political outcomes in Africa.

Manuel Funke, Moritz Schularick, Christoph Trebesch, 21 November 2015

Recent events in Europe provide ample evidence that the political aftershocks of financial crises can be severe. This column uses a new dataset that covers elections and crises in 20 advanced economies going back to 1870 to systematically study the political aftermath of financial crises. Far-right parties are the biggest beneficiaries of financial crises, while the fractionalisation of parliaments complicates post-crisis governance. These effects are not observed following normal recessions or severe non-financial macroeconomic shocks.

Paola Conconi, David DeRemer, Georg Kirchsteiger, Lorenzo Trimarchi, Maurizio Zanardi, 16 June 2015

Economic cycles patently influence politics. This column explores an unexplored avenue of political economy research by assessing whether US politicians file international trade disputes to win votes. It turns out they do. This means that disputes might be brought earlier or later than they otherwise would – potentially costing lots more than they should – and that violations in industries that are deemed unimportant by electioneering politicians go unpunished.

George Ward, 06 May 2015

A solid empirical result is that voters reward governments for recent economic prosperity. This column presents new evidence that the electoral fate of governing parties is also associated with the electorate’s wider ‘subjective well-being’. Policymakers who want to win should focus on more a broad range of factors that matter to the quality of people’s lives.

Marco Buti, Alessandro Turrini, Paul van den Noord, 04 July 2014

Structural reforms are presumed to deteriorate a government’s chance for re-election. This column, which is an update from earlier work, provides evidence of just the opposite – the odds of re-election are larger for reformist than for non-reformist governments. This holds if the financial system is not overly regulated and an adequate social safety net is present.

Anish Tailor, Nicolas Véron, 21 May 2014

The European Parliamentary elections are conducted under rules that give voters power that varies with their nationality. This inequality is higher than in European and US national elections, as well as in large emerging-market democracies like Brazil, India, and Indonesia. Making the distribution more equal would be simple, but would require a change in the EU Treaties.

Owen McDougall, Ashoka Mody, 17 May 2014

Turnout in the 2014 European Parliament elections is seen as a critical test for EU democracy. This column presents some predictions. Trust in the ECB – rather than in the European Parliament itself – has been associated with higher turnout in previous elections. Macroeconomic conditions are also important – where a country’s fiscal problems are greater, voters are more inclined to vote.

Jeffrey Chwieroth, Andrew Walter, 10 May 2013

The economic consequences of financial crises have been systematically explored. Their political consequences haven’t. This column argues that without paying attention to politics, crises will remain poorly understood. After all, politics shapes policy choices, market sentiment and, ultimately, economic outcomes. Evidence from the effects of banking crises over the past century show that crises have a dramatic impact on the survival prospects of governments.

Anke Kessler, Tom Cornwall, 06 June 2012

Does misinformation demobilise the electorate? Measuring the impact of alleged ‘robocalls’ on voter turnout in the 2011 Canadian federal election.

Alan de Bromhead, Barry Eichengreen, Kevin O'Rourke, 27 February 2012

The enduring global crisis is giving rise to fears that economic hard times will feed political extremism, as it did in the 1930s. This column suggests that the danger of political polarisation and extremism is greatest in countries with relatively recent histories of democracy, with existing right-wing extremist parties, and with electoral systems that create low hurdles to parliamentary representation of new parties. But above all, it is greatest where depressed economic conditions are allowed to persist.

Ana De La O, Alberto Chong, Dean Karlan, Léonard Wantchékon, 23 January 2012

For democratic theorists, the notion that greater transparency improves accountability is axiomatic: when voters find out about political corruption, they punish the offending politicians by not voting for them again. But, the authors of CEPR DP8790 argue, many voters also respond to evidence of corruption by not voting at all – indicating that more transparency might not automatically result in a healthier democratic process.

Hans Gersbach, 03 January 2012

Incumbent politicians have a host of advantages in US elections; members of the US Congress are typically re-elected about 90% of the time. This column argues that such a head start can often be bad for the country, with leaders focusing on short-term populist policies rather than the greater good. It suggests raising the bar for incumbent candidates.

Christopher Ksoll, Rocco Macchiavello, Ameet Morjaria, 08 March 2011

As unrest continues in the Arab countries, many are asking about the economic costs. While the macro effect of civil conflicts is widely studied, little is known of the micro effects. This column presents evidence from the short-term violence following the 2007 election in Kenya. It finds that firms providing cut flowers to Western markets saw a significant rise in costs, largely due to the displacement of workers.

Javier Santiso, Emmanuel Frot, 27 November 2010

Do emerging-market democracies risk destabilising financial markets every time their voters go to the polls? This column presents new evidence on the effects of elections on portfolio flows. It finds that elections diminish equity flows when they bring political uncertainty.

Hans Gersbach, 07 September 2010

The Eurozone crisis and debate over fiscal stimulus have emphasized the importance of responsible government debt management. CEPR DP 8001 develops a political economy model in which politicians prop up their reelection chances with debt-financed public projects but postpone the delivery of the projects until the next term. The author proposes to remedy this by instituting debt-threshold contracts which, if violated, would disqualify politicians from standing for reelection. He suggests that such contracts do not impede the stabilization of negative macroeconomic shocks.

Sebastian Nieto-Parra, Javier Santiso, 22 December 2009

Does the type of electoral system affect fiscal policy around elections? This column shows that electoral systems allowing immediate re-election in Latin America have a considerable impact on government spending. On the positive side, fiscal management shows a slight improvement around elections.

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