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European Journal of Political Economy最新文献

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Coherence of output gaps in the euro area: The impact of the COVID-19 shock 欧元区产出缺口的一致性：COVID-19 冲击的影响
IF 2.3 3区 经济学
European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102369
{"title":"Coherence of output gaps in the euro area: The impact of the COVID-19 shock","authors":"","doi":"10.1016/j.ejpoleco.2023.102369","DOIUrl":"10.1016/j.ejpoleco.2023.102369","url":null,"abstract":"<div><p>Using the measures proposed by Mink et al. (2012), we reexamine the coherence of business cycles in the euro area using a long sample period. We also analyze the impact of the COVID-19 pandemic on business cycle coherence and examine whether our measures for business cycle coherence indicate a core versus periphery within EMU. Our results suggest that business cycle coherence did not increase monotonically. The COVID-19 pandemic made that the signs of the output gaps of euro area countries became more similar, but we find large differences in the amplitude of the output gaps across countries.</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":null,"pages":null},"PeriodicalIF":2.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9969753/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"9707076","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A gate to the world for all? The reaction of neighborhoods in Hamburg to refugee housing 为所有人打开通往世界的大门？汉堡居民区对难民住房的反应
IF 2.3 3区 经济学
European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102455
{"title":"A gate to the world for all? The reaction of neighborhoods in Hamburg to refugee housing","authors":"","doi":"10.1016/j.ejpoleco.2023.102455","DOIUrl":"10.1016/j.ejpoleco.2023.102455","url":null,"abstract":"<div><p>This paper analyzes the political reaction of residents to refugee housing in their neighborhood. The city of Hamburg, Germany<span>, experienced between 2014 and 2017 large refugee inflows that required many new accommodations. Openings of refugee houses led to an increase of 0.9 percentage points in the vote share of right-wing anti-immigrant parties in a neighborhood. The negative reaction applies to reception centers and follow-up accommodations with different inhabitant compositions. It persisted longer for large houses and was stronger for multiple openings and in areas with worse economic conditions and many foreigners and migrants. The right-wing gains came with losses for the governing party. A matching estimation that accounts for an unbalanced distribution of houses across neighborhoods confirms the negative reaction. Voting gains around accommodations explain only a small part of the electoral success of right-wing parties, but the findings suggest giving more attention to the distribution and housing of refugees.</span></p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":null,"pages":null},"PeriodicalIF":2.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135389226","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Bread and the dilemmas of socialist paternalism in Israel, 1948–1977 1948-1977年，面包与以色列社会主义家长制的困境
IF 2.3 3区 经济学
European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102366
{"title":"Bread and the dilemmas of socialist paternalism in Israel, 1948–1977","authors":"","doi":"10.1016/j.ejpoleco.2023.102366","DOIUrl":"10.1016/j.ejpoleco.2023.102366","url":null,"abstract":"<div><p><span>This is the first study of bread regulation in a post-World War II democratic country. Under Israel's Labor Socialist regime, bread was mostly privately supplied. In setting prices, policymakers faced tradeoffs between producer profits/viability of small-scale producers and consumer welfare<span>, and between producer profits and minimizing inflation and real appreciation. Subsidization entailed a tradeoff between producer profits and consumer welfare on one hand, and fiscal responsibility and exchange rate unification on the other hand. We study the regulatory changes that took place as the industry structure evolved, and document the changes that occurred in the revealed weights of producer profits, consumer welfare, fiscal responsibility and exchange rate unification. Over 1952–1977, regulatory reforms accelerated the process of technologically-based rationalization, and policy was strongly pro-consumer. This process did not unfold smoothly: Regulatory changes occurred in four phases, with (sometimes) sharp fluctuations in consumer welfare, producer profits, fiscal policy and </span></span>exchange rate policy.</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":null,"pages":null},"PeriodicalIF":2.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48104226","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Leader characteristics and constitutional compliance 领导人的特点与遵守宪法
IF 2.3 3区 经济学
European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102423
{"title":"Leader characteristics and constitutional compliance","authors":"","doi":"10.1016/j.ejpoleco.2023.102423","DOIUrl":"10.1016/j.ejpoleco.2023.102423","url":null,"abstract":"<div><p>While research in constitutional economics has made important progress in recent decades, the factors determining whether a constitution is complied with have only received scant attention. We contribute to that narrow literature by studying how personal traits of political leaders are associated with constitutional compliance. Compliance levels of 943 political leaders between 1950 and 2010 can be explained by their education, entry into office, political experience, military background, and whether they are members of extreme left-wing parties. Specifically, under former military officers and Communist leaders, constitutional compliance is significantly lower. The combined effect of these two traits corresponds to the difference between democracy and nondemocracy. This implies a difficult normative question, which we discuss in our conclusion: Should constitutions set entry barriers for high political offices that are based on leader characteristics?</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":null,"pages":null},"PeriodicalIF":2.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135220137","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Pro-growth inefficiency: Rents and moral hazard in infrastructure contests in China 支持增长的低效率:中国基础设施竞赛中的租金和道德风险
IF 2.3 3区 经济学
European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102397
{"title":"Pro-growth inefficiency: Rents and moral hazard in infrastructure contests in China","authors":"","doi":"10.1016/j.ejpoleco.2023.102397","DOIUrl":"10.1016/j.ejpoleco.2023.102397","url":null,"abstract":"<div><p>We study contests for promotion of local government leaders orchestrated by the central government in China. The contests rewarded regional economic success. The probability of promotion increased with regional infrastructure investment but we find negative returns from infrastructure. We find feedback between corruption<span> and investment in infrastructure. There was moral hazard – successful local government leaders who were promoted to higher level positions in the government and Party hierarchical structure left behind regional local governments mired in debt or bankruptcy because of debt financing of infrastructure investment that was used to win the center-orchestrated contests. Our study makes a contribution to contest theory by providing an empirical study for rent-seeking contests.</span></p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":null,"pages":null},"PeriodicalIF":2.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43052540","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Pandemic panic? Effects of health system capacity on firm confidence during COVID-19 大流行性流感恐慌吗?COVID-19期间卫生系统能力对坚定信心的影响
IF 2.3 3区 经济学
European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102422
{"title":"Pandemic panic? Effects of health system capacity on firm confidence during COVID-19","authors":"","doi":"10.1016/j.ejpoleco.2023.102422","DOIUrl":"10.1016/j.ejpoleco.2023.102422","url":null,"abstract":"<div><p>We examine whether firms’ business confidence – defined as their perceptions of risk and sentiment associated with the <span>COVID</span>-19 pandemic – is affected by <em>ex ante</em> health system capacity and <em>ex post</em> government responses. Using firm-level data from 53 countries, we find that <em>ex ante</em> proactive measures, such as healthcare spending and the availability of medical staff, favorably impact firms’ confidence. This effect is, however, moderated by the <span>COVID</span>-19 case load. We also find that the <em>ex post</em> reactive measures, such as health and containment actions and the overall quality of the government response, also bolster business confidence. These effects on confidence vary by firm size and the level of development of the economy, but are largely impervious to prior epidemic experience.</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":null,"pages":null},"PeriodicalIF":2.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45915076","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Philanthropy as politics: The precolonial Georgia project for a new start in life for England's poor 慈善与政治：殖民前的格鲁吉亚项目为英国穷人的生活开辟了新的开端
IF 2.3 3区 经济学
European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102429
{"title":"Philanthropy as politics: The precolonial Georgia project for a new start in life for England's poor","authors":"","doi":"10.1016/j.ejpoleco.2023.102429","DOIUrl":"10.1016/j.ejpoleco.2023.102429","url":null,"abstract":"<div><p>A fully-funded philanthropic economic project in precolonial Georgia was proclaimed as providing a new start in life for England's poor. The project has been praised for altruism and for being socially progressive through equal land assignment and prohibition of slavery. The project failed as an economic venture but was successful in providing the foundation for Georgia eventually becoming a possession of the British crown. I adopt a political-economy perspective to investigate whether the philanthropic project was a façade for political intent.</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":null,"pages":null},"PeriodicalIF":2.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46954314","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The growth-inequality debate revisited by rent-seeking theory: Some empirical evidence 寻租理论重新审视了增长与不平等的争论:一些经验证据
IF 2.3 3区 经济学
European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102424
{"title":"The growth-inequality debate revisited by rent-seeking theory: Some empirical evidence","authors":"","doi":"10.1016/j.ejpoleco.2023.102424","DOIUrl":"10.1016/j.ejpoleco.2023.102424","url":null,"abstract":"<div><p>The growth/income inequality nexus is surrounded by theoretical as well as empirical ambiguities. These ambiguities can be lifted by focusing on the nature of inequalities and not their level. Inequalities may be the result of productive profit-seeking activities or unproductive rent-seeking activities. To re-assess empirically the growth/income inequality nexus, we first propose a strategy to approximate the nature of inequalities by an indicator of institutional quality. We propose an indicator of institutions' productivity which describes the prevalence of institutions favourable to the search for profit and institutions fostering the search for rents, and conversely. It is an indirect measure of the predominance of rent-seeking activities over profit-seeking ones, and conversely. Then, using a panel data covering the period 1990–2020 for 114 countries (88 developing countries and 26 developed countries) and relying on the two-way fixed effects technique to test our estimator, we show that countries where institutions' productivity is high, growth is positively related to income inequality. Conversely, growth is negatively related to income inequality in countries where institutions' productivity is low. There is thus a positive relationship between <em>productive inequalities</em> and growth in countries where profit-seeking institutions dominate the institutional setting. By analogy, in countries where rent-seeking institutions are dominant there is a negative relationship between <em>unproductive inequalities</em> and growth. Contrary to previous public policy recommendations, inequalities should not be tackled since they are pro-growth in countries with high levels of institutions’ productivity.</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":null,"pages":null},"PeriodicalIF":2.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44692202","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
School performance and retrospective voting: Evidence from local elections in Denmark 学校表现与回溯投票:来自丹麦地方选举的证据
IF 2.3 3区 经济学
European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102426
{"title":"School performance and retrospective voting: Evidence from local elections in Denmark","authors":"","doi":"10.1016/j.ejpoleco.2023.102426","DOIUrl":"10.1016/j.ejpoleco.2023.102426","url":null,"abstract":"<div><p>In this paper, we investigate whether voters hold local politicians accountable for the performance of local schools. We examine this effect for the 2013 and 2017 Danish local elections using register data and polling station-level voting records. We find robust evidence of retrospective voting from pooled and fixed effects estimations. Exploiting the micro-level character of our data, we present evidence that higher-income citizens are more sensitive to changes in school performance, while other demographic and political characteristics do not appear to have mattered.</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":null,"pages":null},"PeriodicalIF":2.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0176268023000708/pdfft?md5=1debbcaa271c6cf9a10bf23eabe64888&pid=1-s2.0-S0176268023000708-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48872845","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Media fabrication of corruption and the quality of the political class: The case of Italy 媒体对腐败的捏造与政治阶层的素质:以意大利为例
IF 2.3 3区 经济学
European Journal of Political Economy Pub Date : 2024-09-01 DOI: 10.1016/j.ejpoleco.2023.102461
{"title":"Media fabrication of corruption and the quality of the political class: The case of Italy","authors":"","doi":"10.1016/j.ejpoleco.2023.102461","DOIUrl":"10.1016/j.ejpoleco.2023.102461","url":null,"abstract":"<div><p>Since the global financial crisis of 2008, the level of perceived corruption in Italy has risen markedly, diverging significantly from the perceived corruption of other high-income countries and from the corruption as experienced. We propose that newspapers, in order to maximize their profits, have given directed emphasis to episodes of political corruption, which has contributed to the increase in perceived corruption. The consequence has been loss of parliament's credibility and a deterioration in the quality of the Italian political class.</p></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":null,"pages":null},"PeriodicalIF":2.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0176268023001052/pdfft?md5=10b3ef6d33fcef1f238143251b3b7a63&pid=1-s2.0-S0176268023001052-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43558634","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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