How Efficient Is the Voting Market?
1990; University of Chicago Press; Volume: 33; Issue: 1 Linguagem: Inglês
10.1086/467199
ISSN1537-5285
Autores Tópico(s)Local Government Finance and Decentralization
ResumoPrevious articleNext article No AccessHow Efficient Is the Voting Market?Sam PeltzmanSam Peltzman Search for more articles by this author PDFPDF PLUS Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinkedInRedditEmail SectionsMoreDetailsFiguresReferencesCited by The Journal of Law and Economics Volume 33, Number 1Apr., 1990 Sponsored by The University of Chicago Booth School of Business and The University of Chicago Law School Article DOIhttps://doi.org/10.1086/467199 Views: 13Total views on this site Citations: 88Citations are reported from Crossref Copyright 1990 The University of ChicagoPDF download Crossref reports the following articles citing this article:Saibal Ghosh Bank Lending and Monetary Transmission: Does Politics Matter?, Journal of Quantitative Economics 18, no.22 (Nov 2019): 359–381.https://doi.org/10.1007/s40953-019-00190-yBruno Pires Dias, Valcemiro Nossa, Danilo Soares Monte-Mor O investimento público influencia na reeleição? Um estudo empírico nos municípios do estado do Espírito Santo, Revista de Administração Pública 52, no.55 (Oct 2018): 880–898.https://doi.org/10.1590/0034-7612172594ANDREW J. HEALY, MIKAEL PERSSON, ERIK SNOWBERG , American Political Science Review 111, no.0404 ( 2017): 771.https://doi.org/10.1017/S0003055417000314Christine Cuny Voluntary disclosure incentives: Evidence from the municipal bond market, Journal of Accounting and Economics 62, no.11 (Aug 2016): 87–102.https://doi.org/10.1016/j.jacceco.2016.04.004Pedro Cavalcante, Desempenho fiscal e eleições no Brasil: uma análise comparada dos governos municipais, Revista de Administração Pública 50, no.22 (Apr 2016): 307–330.https://doi.org/10.1590/0034-7612146623Florence Bouvet, Sharmila King Income inequality and election outcomes in OECD countries: New evidence following the Great Recession of 2008–2009, Electoral Studies 41 (Mar 2016): 70–79.https://doi.org/10.1016/j.electstud.2015.11.006Timothy Hellwig, Dani M. Marinova More Misinformed than Myopic: Economic Retrospections and the Voter’s Time Horizon, Political Behavior 37, no.44 (Dec 2014): 865–887.https://doi.org/10.1007/s11109-014-9295-zPedro Cavalcante, Vale a pena ser um bom prefeito? Comportamento eleitoral e reeleição no Brasil, Opinião Pública 21, no.11 (Apr 2015): 87–104.https://doi.org/10.1590/1807-019121187John Maloney, Andrew Pickering Voting and the economic cycle, Public Choice 162, no.1-21-2 (Oct 2014): 119–133.https://doi.org/10.1007/s11127-014-0205-zJohn G. Matsusaka The Precarious Link between Legislators and Constituent Opinion: Evidence from Matched Roll Call and Referendum Votes, SSRN Electronic Journal (Jan 2015).https://doi.org/10.2139/ssrn.2612342Antonis Adam Do elections bring optimism?, Electoral Studies 33 (Mar 2014): 137–143.https://doi.org/10.1016/j.electstud.2013.08.005Alberto Porto, Agustín Lodola Economic Policy and Electoral Outcomes, Journal of Applied Economics 16, no.22 (Jan 2019): 333–356.https://doi.org/10.1016/S1514-0326(13)60014-8Alex Luiz Ferreira, Sérgio Naruhiko Sakurai Personal charisma or the economy?, EconomiA 14, no.3-43-4 (Sep 2013): 214–232.https://doi.org/10.1016/j.econ.2013.10.006Laura Bianchini, Federico Revelli Green Polities: Urban Environmental Performance and Government Popularity, Economics & Politics 25, no.11 (Feb 2013): 72–90.https://doi.org/10.1111/ecpo.12004Christine Cuny Voluntary Disclosure Incentives and the Consequences of Dissemination: Evidence from the Municipal Bond Market, SSRN Electronic Journal (Jan 2013).https://doi.org/10.2139/ssrn.2346847Francesco Parisi Markets, votes, and The Calculus of Consent, Public Choice 152, no.3-43-4 (Jul 2012): 451–453.https://doi.org/10.1007/s11127-012-9998-9Barbara Luppi, Francesco Parisi Politics with(out) Coase, International Review of Economics 59, no.22 (Mar 2012): 175–187.https://doi.org/10.1007/s12232-012-0153-1Ignacio Urquizu-Sancho Coalition Governments and Electoral Behavior: Who Is Accountable?, (May 2011): 185–213.https://doi.org/10.1007/978-3-642-19519-8_9Barbara Luppi, Francesco Parisi Politics With(Out) Coase, SSRN Electronic Journal (Jan 2011).https://doi.org/10.2139/ssrn.1943695Eric Dubois, Sonia Paty Yardstick competition: which neighbours matter?, The Annals of Regional Science 44, no.33 (Nov 2008): 433–452.https://doi.org/10.1007/s00168-008-0273-4Carlos Gama Nogueira, Linda G. Veiga Economic Determinants of Citizens’ Support for the European Union, SSRN Electronic Journal (Jan 2010).https://doi.org/10.2139/ssrn.1723158Philip K. Porter, Christopher R. Thomas Public Subsidies and the Location and Pricing of Sports, Southern Economic Journal 76, no.33 (Jan 2010): 693–710.https://doi.org/10.4284/sej.2010.76.3.693Robert Grafstein The Puzzle of Weak Pocketbook Voting, Journal of Theoretical Politics 21, no.44 (Oct 2009): 451–482.https://doi.org/10.1177/0951629809339829Leonardo Martinez A theory of political cycles, Journal of Economic Theory 144, no.33 (May 2009): 1166–1186.https://doi.org/10.1016/j.jet.2008.10.006D.W. MacKenzie The use of knowledge about society, Journal of Economic Behavior & Organization 67, no.3-43-4 (Sep 2008): 678–688.https://doi.org/10.1016/j.jebo.2006.09.004JOHN V. DUCA, JASON L. SAVING STOCK OWNERSHIP AND CONGRESSIONAL ELECTIONS: THE POLITICAL ECONOMY OF THE MUTUAL FUND REVOLUTION, Economic Inquiry 46, no.33 (Jul 2008): 454–479.https://doi.org/10.1111/j.1465-7295.2007.00083.xLeonardo Martinez A Theory of Political Cycles, SSRN Electronic Journal (Jan 2008).https://doi.org/10.2139/ssrn.2185591Bruno E. Viani Monopoly rights in the privatization of telephone firms, Public Choice 133, no.1-21-2 (Jun 2007): 171–198.https://doi.org/10.1007/s11127-007-9185-6Ali T. Akarca, Aysit Tansel Social and economic determinants of Turkish voter choice in the 1995 parliamentary election, Electoral Studies 26, no.33 (Sep 2007): 633–647.https://doi.org/10.1016/j.electstud.2007.06.001Arman Khachaturyan Trapped in Delusions: Democracy, Fairness and the One-Share-One-Vote Rule in the European Union, European Business Organization Law Review 8, no.33 (Feb 2015): 335–367.https://doi.org/10.1017/S1566752907003357Christopher R. BerryChristopher R. Berry is assistant professor at the Harris School of Public Policy, University of Chicago, Chicago, IL 60637.William G. HowellWilliam G. Howell is associate professor at the Harris School of Public Policy, University of Chicago, Chicago, IL 60637. Accountability and Local Elections: Rethinking Retrospective Voting, The Journal of Politics 69, no.33 (Jul 2015): 844–858.https://doi.org/10.1111/j.1468-2508.2007.00579.xRodrigo Cerda, Rodrigo Vergara Business cycle and political election outcomes: Evidence from the Chilean democracy, Public Choice 132, no.1-21-2 (Jan 2007): 125–136.https://doi.org/10.1007/s11127-006-9138-5Arman Khachaturyan, Joseph A. McCahery European Union takeover regulation and the one-share one-vote controversy, (Jan 2007): 163–189.https://doi.org/10.1016/B978-012374142-4.50009-9Fred Thompson The Political Economy of Public Administration, (Dec 2009): 1063–1100.https://doi.org/10.1201/9781420016994.ch28Ali T. Akarca, Aysit Tansel Economic Performance and Political Outcomes: An Analysis of the Turkish Parliamentary and Local Election Results Between 1950 and 2004, Public Choice 129, no.1-21-2 (May 2006): 77–105.https://doi.org/10.1007/s11127-005-9013-9Michael R. Hagerty Quality of Life from the Voting Booth: The Effect of Crime Rates and Income on Recent U.S. Presidential Elections, Social Indicators Research 77, no.22 (Jun 2006): 197–210.https://doi.org/10.1007/s11205-005-4506-yEster Gomes Silva, José da Silva Costa Are voters rationally ignorant? An empirical study of Portuguese local elections, Portuguese Economic Journal 5, no.11 (Mar 2006): 31–44.https://doi.org/10.1007/s10258-006-0002-9Arman Khachaturyan The One-Share-One-Vote Controversy in the EU, SSRN Electronic Journal (Jan 2006).https://doi.org/10.2139/ssrn.2005054Lawrence W. Kenny, Babak Lotfinia Evidence on the importance of spatial voting models in presidential nominations and elections, Public Choice 123, no.3-43-4 (Jun 2005): 439–462.https://doi.org/10.1007/s11127-005-7170-5John G Matsusaka Direct Democracy Works, Journal of Economic Perspectives 19, no.22 (Apr 2005): 185–206.https://doi.org/10.1257/0895330054048713Douglas A. Hibbs Voting and the Macroeconomy, SSRN Electronic Journal (Jan 2005).https://doi.org/10.2139/ssrn.872108Francesco Parisi Political Coase Theorem, SSRN Electronic Journal (Jan 2003).https://doi.org/10.2139/ssrn.262025Kenneth J. McKenzie Institutional Design and Public Policy. A Microeconomic Perspective, SSRN Electronic Journal (Jan 2003).https://doi.org/10.2139/ssrn.445921M. Troy Gibson Future employment promises as rent seeking in representative government, International Journal of Social Economics 30, no.1/21/2 (Jan 2003): 73–94.https://doi.org/10.1108/03068290310453619Federico Revelli Local taxes, national politics and spatial interactions in English district election results, European Journal of Political Economy 18, no.22 (Jun 2002): 281–299.https://doi.org/10.1016/S0176-2680(02)00081-2Jose Casas-Pardo, Juan D. Montoro-Pons, Miguel Puchades-Navarro Evolution and Learning in Collective Decision Making, (Jan 2002): 179–195.https://doi.org/10.1007/978-3-662-04810-8_14Joseph P. McGarrity Vote share and return rates: A comparison of two measures of election outcomes, Atlantic Economic Journal 29, no.33 (Sep 2001): 294–303.https://doi.org/10.1007/BF02300550D.R. Kiewiet Voting: Retrospective/Prospective, (Jan 2001): 16321–16324.https://doi.org/10.1016/B0-08-043076-7/01231-6ANDREW RUDALEVIGE Revisiting Midterm Loss, American Politics Research 29, no.11 (Jul 2016): 25–46.https://doi.org/10.1177/1532673X01029001003Henry W. Chappell, Jr, Linda Gonçalves Veiga Economics and elections in Western Europe: 1960–1997, Electoral Studies 19, no.2-32-3 (Jun 2000): 183–197.https://doi.org/10.1016/S0261-3794(99)00047-5D.Roderick Kiewiet Economic retrospective voting and incentives for policymaking, Electoral Studies 19, no.2-32-3 (Jun 2000): 427–444.https://doi.org/10.1016/S0261-3794(99)00060-8Norbert R. Schady The Political Economy of Expenditures by the Peruvian Social Fund (FONCODES), 1991–95, American Political Science Review 94, no.22 (Aug 2014): 289–304.https://doi.org/10.2307/2586013ALFRED G. CUZÁN, CHARLES M. BUNDRICK Fiscal Policy As a Forecasting Factor in Presidential Elections, American Politics Quarterly 27, no.33 (Jul 1999): 338–353.https://doi.org/10.1177/1532673X99027003004 By Paul L. Joskow and Richard Schmalensee The Political Economy of Market‐Based Environmental Policy: The U.S. Acid Rain Program Joskow & Schmalensee, The Journal of Law and Economics 41, no.11 (Jul 2015): 37–84.https://doi.org/10.1086/467384 By Kevin B. Grier and Joseph P. McGarrity The Effect of Macroeconomic Fluctuations on the Electoral Fortunes of House Incumbents Grier & Mcgarrity, The Journal of Law and Economics 41, no.11 (Jul 2015): 143–162.https://doi.org/10.1086/467387Judith A. McDonald, Anthony Patrick O'Brien, Colleen M. Callahan Trade Wars: Canada's Reaction to the Smoot-Hawley Tariff, The Journal of Economic History 57, no.44 (Mar 2009): 802–826.https://doi.org/10.1017/S0022050700019549Blair R. Zanzig Measuring the impact of competition in local government education markets on the cognitive achievement of students, Economics of Education Review 16, no.44 (Oct 1997): 431–441.https://doi.org/10.1016/S0272-7757(97)00003-4 References, (Dec 2009).https://doi.org/10.4324/9780203439012.bmatt1Friedrich Breyer Wirtschaftspolitik und Public Choice, (Jan 1997): 1–38.https://doi.org/10.1007/978-3-642-59193-8_1Manfred Gärtner Political business cycles when real activity is persistent, Journal of Macroeconomics 18, no.44 (Sep 1996): 679–692.https://doi.org/10.1016/S0164-0704(96)80058-9Jim Granato, Motoshi Suzuki The use of the encompassing principle to resolve empirical controversies in voting behavior: An application to voter sophistication in congressional elections, Electoral Studies 15, no.33 (Aug 1996): 383–398.https://doi.org/10.1016/0261-3794(95)00045-3Amy B. Schmidt, Lawrence W. Kenny, Rebecca B. Morton EVIDENCE ON ELECTORAL ACCOUNTABILITY IN THE U.S. SENATE: ARE UNFAITHFUL AGENTS REALLY PUNISHED?, Economic Inquiry 34, no.33 (Jul 1996): 545–567.https://doi.org/10.1111/j.1465-7295.1996.tb01396.xKannan Ramaswamy, William Renforth Competitive intensity and technical efficiency in public sector firms: evidence from India, International Journal of Public Sector Management 9, no.33 (Jun 1996): 4–17.https://doi.org/10.1108/09513559610124441Gertrud M. Fremling, John R. Lott THE BIAS TOWARDS ZERO IN AGGREGATE PERCEPTIONS: AN EXPLANATION BASED ON RATIONALLY CALCULATING INDIVIDUALS, Economic Inquiry 34, no.22 (Apr 1996): 276–295.https://doi.org/10.1111/j.1465-7295.1996.tb01378.x Motoshi Suzuki , and Henry W. Chappell, Jr. The Rationality of Economic Voting Revisited, The Journal of Politics 58, no.11 (Oct 2015): 224–236.https://doi.org/10.2307/2960356Ute Arentzen, Heiner Brockmann O, (Jan 1996): 787–845.https://doi.org/10.1007/978-3-322-82841-5_15Michael Wohlgemuth Economic and political competition in neoclassical and evolutionary perspective, Constitutional Political Economy 6, no.11 (Dec 1995): 71–96.https://doi.org/10.1007/BF01298377G. Patrick Lynch BUSINESS CONTRACTIONS AND INCUMBENT PARTY LOSSES OF THE PRESIDENCY: 1864-1932, Southeastern Political Review 23, no.11 (Nov 2008): 119–130.https://doi.org/10.1111/j.1747-1346.1995.tb00072.xMotoshi Suzuki Evolutionary voter sophistication and political business cycles, Public Choice 81, no.3-43-4 (Dec 1994): 241–261.https://doi.org/10.1007/BF01053232Gustav Feichtinger, Franz Wirl On the stability and potential cyclicity of corruption in governments subject to popularity constraints, Mathematical Social Sciences 28, no.22 (Oct 1994): 113–131.https://doi.org/10.1016/0165-4896(94)00750-0Paul R. Blackley, Edward M. Shepard A Statistical Analysis of the Effect of State-Level Economic Conditions On the 1992 Presidential Election, Public Finance Quarterly 22, no.33 (Aug 2016): 366–382.https://doi.org/10.1177/109114219402200305Manfred Gärtner Democracy, elections, and macroeconomic policy: Two decades of progress, European Journal of Political Economy 10, no.11 (May 1994): 85–109.https://doi.org/10.1016/0176-2680(94)90063-9James A. Brickley, Ronald C. Lease, Clifford W. Smith Corporate voting: Evidence from charter amendment proposals, Journal of Corporate Finance 1, no.11 (Mar 1994): 5–31.https://doi.org/10.1016/0929-1199(94)90008-6 References, (Jan 1994): 413–436.https://doi.org/10.1016/B978-0-444-88478-7.50047-8John Merrifield The institutional and political factors that influence voter turnout, Public Choice 77, no.33 (Nov 1993): 657–667.https://doi.org/10.1007/BF01047865E.C. Pasour Economics and the public policy process: What can economists do?∗∗, New Zealand Economic Papers 27, no.11 (Jun 1993): 1–17.https://doi.org/10.1080/00779959309544198LILLI A. GORDON, JOHN POUND Information, Ownership Structure, and Shareholder Voting: Evidence from Shareholder-Sponsored Corporate Governance Proposals, The Journal of Finance 48, no.22 (Apr 2012): 697–718.https://doi.org/10.1111/j.1540-6261.1993.tb04734.xGianluigi Galeotti Pivotal Voters and Political Equilibria, (Jan 1993): 193–213.https://doi.org/10.1007/978-94-011-2188-0_8Andrew R. Dick, John R. Lott Reconciling voters' behavior with legislative term limits, Journal of Public Economics 50, no.11 (Jan 1993): 1–14.https://doi.org/10.1016/0047-2727(93)90057-ZJohn R. Lott, Michael L. Davis A critical review and an extension of the political shirking literature, Public Choice 74, no.44 (Dec 1992): 461–484.https://doi.org/10.1007/BF00137690E.C. Pasour Human Action and the Role of the Economist in the Public Policy Process, Cultural Dynamics 5, no.33 (Nov 1992): 303–318.https://doi.org/10.1177/092137409200500306E. C. Pasour Economists and public policy: Chicago political economy versus conventional views, Public Choice 74, no.22 (Sep 1992): 153–167.https://doi.org/10.1007/BF00140764Aidan R. Vining, Anthony E. Boardman Ownership versus competition: Efficiency in public enterprise, Public Choice 73, no.22 (Mar 1992): 205–239.https://doi.org/10.1007/BF00145092Gustav Feichtinger, Franz Wirl Politico-economic cycles of regulation and deregulation, European Journal of Political Economy 7, no.44 (Nov 1991): 469–485.https://doi.org/10.1016/0176-2680(91)90032-XJames R. Lothian Political factors in international economics: an overview, Journal of International Money and Finance 10 (Mar 1991): S4–S15.https://doi.org/10.1016/0261-5606(91)90044-KMichael R. Hagerty Declining Quality of Life Costs Governments Elections: Review of 13 OECD Countries, (): 383–402.https://doi.org/10.1007/0-306-47513-8_17Charles K. Rowley Public Choice and Constitutional Political Economy, (): 3–31.https://doi.org/10.1007/978-0-306-47828-4_1Francesco Parisi Coase Theorem and Political Markets, (): 409–415.https://doi.org/10.1007/978-0-306-47828-4_54
Referência(s)