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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.

Suggested Citation

  • Diermeier, Daniel & Merlo, Antonio, 1998. "Government turnover in parliamentary democracies," Bulletins 7453, University of Minnesota, Economic Development Center.
  • Handle: RePEc:ags:umedbu:7453
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    File URL: http://purl.umn.edu/7453
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    References listed on IDEAS

    as
    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. Antonio Merlo & Charles Wilson, 1997. "Efficient delays in a stochastic model of bargaining," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 11(1), pages 39-55.
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    9. Austen-Smith, David & Banks, Jeffrey, 1988. "Elections, Coalitions, and Legislative Outcomes," American Political Science Review, Cambridge University Press, vol. 82(02), pages 405-422, June.
    10. repec:cup:apsrev:v:84:y:1990:i:03:p:873-890_19 is not listed on IDEAS
    11. James M. Snyder, 1991. "On Buying Legislatures," Economics and Politics, Wiley Blackwell, vol. 3(2), pages 93-109, July.
    12. repec:cup:apsrev:v:92:y:1998:i:03:p:593-609_21 is not listed on IDEAS
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    More about this item

    Keywords

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

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, 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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