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Government Turnover in Parliamentary Democracies

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Author Info
Daniel Diermeier
Antonio Merlo

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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://www.kellogg.northwestern.edu/research/math/papers/1232.pdf
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Publisher Info
Paper provided by Northwestern University, Center for Mathematical Studies in Economics and Management Science in its series Discussion Papers with number 1232.

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Date of creation: Oct 1998
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Handle: RePEc:nwu:cmsems:1232

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Related research
Keywords: government stability; minority coalitions; surplus coalitions.;

Other versions of this item:

Find related papers by JEL classification:
D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior
H19 - Public Economics - - Structure and Scope of Government - - - Other
C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games

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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. [Downloadable!] (restricted)
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  2. Antonio Merlo & Charles Wilson, 1997. "Efficient delays in a stochastic model of bargaining," Economic Theory, Springer, vol. 11(1), pages 39-55. [Downloadable!] (restricted)
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This page was last updated on 2009-10-28.


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