EconPapers    
Economics at your fingertips  
 

It’s a matter of confidence. Institutions, government stability and economic outcomes

Luca Bettarelli (), Michela Cella, Giovanna Iannantuoni and Elena Manzoni ()
Additional contact information
Luca Bettarelli: Université Libre de Bruxelles (ULB)
Michela Cella: University of Milan-Bicocca
Giovanna Iannantuoni: University of Milan-Bicocca

Economia Politica: Journal of Analytical and Institutional Economics, 2021, vol. 38, issue 2, No 12, 709-738

Abstract: Abstract In this paper we analyse the effect of constitutional structures over policy outcomes. In particular, we exploit the heterogeneity in parliamentary systems deriving from the presence and the use of the confidence vote to investigate whether stable and unstable parliamentary systems behave differently in terms of the policies they implement. This finer partition of parliamentary systems allows us to identify effects that are more robust than the ones previously discussed in the literature. We show that the difference between presidential and parliamentary systems documented in previous works is driven by a difference between presidential and stable parliamentary systems. We suggest that possible transmission channels are legislative cohesion and (the absence of) selection.

Keywords: Presidential system; Parliamentary system; Confidence vote; Government stability (search for similar items in EconPapers)
JEL-codes: C72 D72 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s40888-020-00210-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
Working Paper: It's a matter of confidence: Institutions, government stability and economic outcomes (2017) Downloads
Working Paper: It's a matter of confidence: Institutions, government stability and economic outcomes (2015) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:epolit:v:38:y:2021:i:2:d:10.1007_s40888-020-00210-8

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/40888

DOI: 10.1007/s40888-020-00210-8

Access Statistics for this article

Economia Politica: Journal of Analytical and Institutional Economics is currently edited by Alberto Quadrio Curzio

More articles in Economia Politica: Journal of Analytical and Institutional Economics from Springer, Fondazione Edison
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2022-01-10
Handle: RePEc:spr:epolit:v:38:y:2021:i:2:d:10.1007_s40888-020-00210-8