How voters' perceptions of junior coalition partners depend on the prime minister's position

Recent studies document that voters infer parties' left‐right policy agreement based on governing coalition arrangements. This article extends this research to present theoretical and empirical evidence that European citizens update their perceptions of junior coalition partners' left‐right policies to reflect the policies of the prime minister's party, but that citizens do not reciprocally project junior coalition partners' policies onto the prime minister's party. These findings illuminate the simple rules that citizens employ to infer parties' policy positions, broaden understanding of how citizens perceive coalition governance and imply that ‘niche’ parties, whose electoral appeal depends upon maintaining a distinctive policy profile, assume electoral risks when they enter government.     

Executive budget proposal,executive veto,legislative override,and uncertainty: A comparative analysis of the budgetary process

This study examines the roles of the executive budgetary proposal, the executive veto, the legislative override, and legislative uncertainty about the executive's preferences in determining the outcome of a budgetary process. A sequential model of the budgetary process with three institutional agents — a legislature, an appropriations committee, and an executive — is presented. To focus attention on the executive proposal, the veto, the override provision, and uncertainty, simplifying assumptions are made: (1) the appropriations committee has monopoly agenda power, and (2) there is a closed amendment control rule. In order to characterize sequential equilibria of various combinations of veto rules and override provisions, we examine a particular arrangement of agents' preferences and a two item budget. The results demonstrate that the final budget depends critically on the executive proposal, the executive veto rule, the override provision, and the uncertainty. We achieve three striking results. First, the executive proposal may be effective in reducing the frequency of the exercised veto. Second, for a given override provision, a movement from the item veto to the item reduction veto leaves the executive worse off in some cases. Third, with the same change in institutions, the government budget may increase.     

Accelerating Municipal Bond Market Development in Emerging Economies: An Assessment of Strategies and Progress

The advantages of using municipal bonds to finance urban infrastructure are increasingly evident to policymakers in emerging economies, some of whom are undertaking efforts to accelerate the development of municipal bond markets in their countries. Many of these efforts use the strengths of the U.S. municipal market as a guide to suggest the kinds of market characteristics necessary to attract issuers as well as investors to the marketplace. Features of the U.S. market are often difficult to recreate in these countries in the short run, but policymakers are using a variety of innovative techniques to approximate essential market characteristics. This article reviews these efforts in four emerging economies: Indonesia, the Philippines, Poland, and South Africa.     

Distributive politics,ward representation,and the spread of zoning

This analysis examines two alternative explanations for the adoption of comprehensive zoning ordinances in the years immediately following its initial adoption in New York City. The market failure explanation predicts zoning adoption in cities where externality problems (represented by heavy incidence of manufacturing) exist. The distributive policymaking model treats zoning as a form of regulation that is most likely to be found in cities where local legislators are elected from geographically-concentrated constituencies (e.g., wards) and therefore try to target policy benefits to their own constituencies while spreading the policy costs over all constituencies. Some support is found for each model. Especially striking is the interactive effect of ward representation and of economic interest (i.e., levels of home ownership).