G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16037
DP16037 Using Re-election Thresholds to Curb Political Polarization
Hans Gersbach; Philippe Muller; Oriol Tejada
发表日期2021-04-14
出版年2021
语种英语
摘要We examine how tightening reelection hurdles for incumbents can curb political polarization and increase welfare. We use a two-period model in which a politician is elected for office in the first period and enacts a new policy. In the second period, elections take place between the incumbent and a challenger, and the winning candidate chooses the extent to which the first-period policy is reformed. Reforming a policy is costly, and such costs increase with the policy shift and are borne by parties and voters. We show that raising the vote-share needed for re-election above one half reduces policy polarization and increases welfare. Moreover, the latter measures depend on the re-election threshold in a non-monotonic way and a particular (intermediate) threshold simultaneously minimizes policy polarization and maximizes welfare.
主题Organizational Economics ; Public Economics
关键词Elections Political polarization Costs of change Re-election hurdles
URLhttps://cepr.org/publications/dp16037
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/545017
推荐引用方式
GB/T 7714
Hans Gersbach,Philippe Muller,Oriol Tejada. DP16037 Using Re-election Thresholds to Curb Political Polarization. 2021.
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