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Minority positions in the German Council of Economic Experts: A political economic analysis

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  • Potrafke, Niklas

Abstract

I study diversity in views expressed by economists regarding appropriate economic policies. The dataset is for voting by economists on the German Council of Economic Experts, over the period 1971–2011. The results show that the best predictor of minority voting is having been nominated by the trade unions, which results in being some 70 percentage points more likely to vote against the majority opinion. The voting pattern confirms that ideological identity through the channel of political appointment influences economists' voting behavior.

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Bibliographic Info

Article provided by Elsevier in its journal European Journal of Political Economy.

Volume (Year): 31 (2013)
Issue (Month): C ()
Pages: 180-187

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Handle: RePEc:eee:poleco:v:31:y:2013:i:c:p:180-187

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Web page: http://www.elsevier.com/locate/inca/505544

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Keywords: Ideology; Expressive voting; Voting in committees; Minority voting; Policy diversity;

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Cited by:
  1. Sebastian Benz & Mario Larch & Markus Zimmer, 2013. "The Structure of Europe:International Input-Output Analysis with Trade inIntermediate Inputs and Capital Flows," Ifo Working Paper Series Ifo Working Paper No. 161, Ifo Institute for Economic Research at the University of Munich.
  2. Kirchgässner, Gebhard, 2012. "Zur Rolle der Ökonometrie in der wissenschaftlichen Politikberatung," Economics Working Paper Series 1223, University of St. Gallen, School of Economics and Political Science.
  3. Niklas Potrafke, 2013. "Minderheitsvoten im Sachverständigenrat: Eine politisch-ökonomische Analyse," Ifo Schnelldienst, Ifo Institute for Economic Research at the University of Munich, vol. 66(09), pages 37-40, 05.

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