A comparative analysis of the voting behavior of constituents and their representatives for public debts |
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| Authors: | Reiner Eichenberger David Stadelmann Marco Portmann |
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| Institution: | 1. Department of Economics, University of Fribourg, Bd. de P??rolles 90, 1700, Fribourg, Switzerland
2. CREMA??Center for Research in Economics, Management and the Arts, Gellertstrasse 18, 4052, Basel, Switzerland
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| Abstract: | We explore the quality of political representation of constituents?? preferences for budgetary decisions within a quasi-experimental setting. In the Swiss referendum process, constituents reveal their preferences for budgetary proposals which are either expected to increase or decrease public debts. We match individual politicians?? voting behavior on debt increasing and debt reducing legislative proposals with eight real referendum decisions on exactly the same issues from 2008 to 2011. Thereby, we directly explore deviations of politicians from constituents?? preferences with respect to budgetary policies. |
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