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来源类型Working Paper
规范类型报告
DOI10.3386/w9315
来源IDWorking Paper 9315
Credibility and Policy Convergence: Evidence from U.S. House Roll Call Voting Records
David S. Lee; Enrico Moretti; Matthew J. Butler
发表日期2002-11-04
出版年2002
语种英语
摘要Traditional models of politician behavior predict complete or partial policy convergence, whereby electoral competition compels partisan politicians to choose positions more moderate than their most-preferred policies. Alternatively, if politicians cannot overcome the inability to make binding pre-commitments to policies, the expected result is complete policy divergence. By exploiting a regression discontinuity (RD) design inherent in the Congressional electoral system, this paper empirically tests the strong predictions of the complete divergence hypothesis against the alternative of partial convergence within the context of Representatives' roll call voting behavior in the U.S. House (1946-1994). The RD design implies that which party wins a district seat is quasi-randomly assigned among elections that turn out to be 'close'. We use this variation to examine if Representatives' roll call voting patterns do not respond to large exogenous changes in the probability of winning the election, the strong prediction of complete policy divergence. The evidence is more consistent with full divergence and less consistent with partial convergence, suggestive that the difficulty of establishing credible commitments to policies is an important real-world phenomenon.
主题Public Economics ; Other ; Law and Economics
URLhttps://www.nber.org/papers/w9315
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/566931
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David S. Lee,Enrico Moretti,Matthew J. Butler. Credibility and Policy Convergence: Evidence from U.S. House Roll Call Voting Records. 2002.
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