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BEGIN:VEVENT
DTSTAMP:20260505T034211Z
DTSTART;VALUE=DATE-TIME:20230511T111500
DTEND;VALUE=DATE-TIME:20230511T123000
SUMMARY:PEPE (Political Economy & Public Economics) Seminar - Vincent Pon
 s (Harvard ÌÇÐÄTV School)
TZID:Europe/London
UID:20230511-8a1785d7821adfff01821b2932c50266@warwick.ac.uk
CREATED:20230504T081820Z
DESCRIPTION:Title: Electoral Turnovers (with Benjamin Marx\, Vincent Roll
 et) Abstract: In most national elections\, voters face a key choice betw
 een continuity and change. Electoral turnovers occur when the incumbent 
 candidate or party fails to win reelection. To understand how turnovers 
 affect national outcomes\, we study the universe of presidential and par
 liamentary elections held since 1945. We document the prevalence of turn
 overs over time and estimate their effects on economic performance\, tra
 de\, human development\, conflict\, and democracy. Using a close-electio
 ns regression dis-continuity design (RDD) across countries\, we show tha
 t turnovers improve country performance. These effects are not driven by
  differences in the characteristics of challengers\, or by the fact that
  challengers systematically increase the level of government interventio
 n in the economy. Electing new leaders leads to more policy change\, it 
 improves governance\, and it reduces perceived corruption\, consistent w
 ith the expectation that recently elected leaders exert more effort due 
 to stronger reputation concerns.
LOCATION:S2.79
CATEGORIES:Political Economy and Public Economics Seminar
LAST-MODIFIED:20230504T081820Z
ORGANIZER;CN=Gill Gudger:
END:VEVENT
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