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Government Turnover in Parliamentary Democracies

  • Diermeier, Daniel
  • Merlo, Antonio

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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Article provided by Elsevier in its journal Journal of Economic Theory.

Volume (Year): 94 (2000)
Issue (Month): 1 (September)
Pages: 46-79

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Handle: RePEc:eee:jetheo:v:94:y:2000:i:1:p:46-79
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  1. Daniel Diermeier & Antoni Merlo, 1999. "An Empirical Investigation of Coalitional Bargaining Procedures," Discussion Papers 1267, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  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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