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Government turnover in parliamentary democracies

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  • Diermeier, Daniel
  • Merlo, Antonio

Abstract

In this paper we consider a dynamic model of government formation and termination in parliamentary democracies. Our analysis accounts for the following observed phenomena: (1) Cabinet reshuffles; (2) Cabinet replacements; (3) Early elections; (4) surplus governments; (5) Minority governments; (6) The relative instability of minority governments.

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File URL: http://purl.umn.edu/7453
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Bibliographic Info

Paper provided by University of Minnesota, Economic Development Center in its series Bulletins with number 7453.

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Date of creation: 1998
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Handle: RePEc:ags:umedbu:7453

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Related research

Keywords: government stability; minority coalitions; surplus coalitions.; Political Economy; D72; H19; C73;

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  1. Diermeier, Daniel & Merlo, Antonio, 2004. "An empirical investigation of coalitional bargaining procedures," Journal of Public Economics, Elsevier, vol. 88(3-4), pages 783-797, March.
  2. James M. Snyder, 1991. "On Buying Legislatures," Economics and Politics, Wiley Blackwell, vol. 3(2), pages 93-109, 07.
  3. Antonio Merlo & Charles Wilson, 1997. "Efficient delays in a stochastic model of bargaining," Economic Theory, Springer, vol. 11(1), pages 39-55.
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