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11.
VP-functions explain the support for the government at votes and polls by economic and political variables. Most studies analyze macro time series. We also cover studies of individual voters, socio-economic groups and regional cross-sections. The theory starts from the Responsibility Hypothesis: voters hold the government responsible for economic conditions. It works in two party/block systems, but not else. Voters in most countries are found to be sociotropic. Egotropic voting also occurs. Voters' myopia is well established. Voting is retrospective as expectations are static. It costs the average government almost 2% of the vote to rule.  相似文献   
12.
It is well known that the average government loses votes — the so-called cost of ruling. We show that the loss can be explained as a perfectly rational demand for change in a median voter model, once the model is amended to let the two parties be visibly different.  相似文献   
13.
    
In this response to Mekasha and Tarp (2013) we show that contrary to what they state, their study validates our basic analysis. They confirm that the literature finds that aid is of little economic importance in generating growth. The results also show that the literature systematically selects control variables for their effect on aid effectiveness. We argue that their choice of the random effects model is not appropriate for the problem at hand, and that the way they use multiple meta-regression analysis contradicts the robust results reached at the basic analysis.  相似文献   
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