Economic voting in Portuguese municipal elections

This paper analyses the impact of economic conditions on Portuguese municipal electoral outcomes. We use two extensive datasets to estimate an economic voting model which accounts for the possibility that different levels of government have different levels of responsibility for economic outcomes and for clarity of government responsibility. The empirical results indicate that the performance of the national economy is important especially if local governments are of the same party as the central government. The municipal situation is also relevant particularly in scenarios of greater clarity of national and sub-national government responsibility.     

Régimen político y democracia: conflicto constitucional en el pluralismo incompleto

Two constitutional features frame Mexico’s arrival to democracy: the creation of credible electoral institutions and the preservation of rules corresponding to the authoritarian regime inherited from the decade of the ‘30s in the twentieth century. These two sets of rules clash with each other, a fact which explains the low levels of democratic governance and the low quality of legislation and public policies. The political debate over this contradiction seems to have reached the lowest point and several different alternatives have been formulated to break the deadlock; nevertheless, the necessary political agreements that may clearly define a political path have not been reached. The article describes these processes and lays out the alternatives in dispute as well as possible outcomes in the near future.     

When Green and Amber Meet

Through the ages Scotch whisky has been the drink of kings, politicians, entertainers and those who aspire to the finer things in life.It’s traditionally drunk with a splash of water,straight up or with the debonair "on the rocks" by-line.     

Over the Moon

正If you’re going to express your love for someone special in your life, doing it beneath the light of a full moon is guaranteed to place you at the top of the romance spectrum.In China, during the Mid-Autumn Festival,the moon is the guest of honor and along with connecting hearts, it ushers in the nation’s insatiable desire for the most delicious confectionery in the East:the mooncake.     

Campaign finance reform and electoral competition: Comment

Campaign finance regulation is an important issue for democracies. Proponents of stricter contribution limits believe it will improve competitiveness. Opponents argue that contribution caps are just a mask for incumbency protection. This paper comments on John Lott’s 2006 article in “Campaign Finance Reform and Electoral Competition” in Public Choice.     

Validated method for the simultaneous determination of Δ-THC and Δ-THC-COOH in oral fluid, urine and whole blood using solid-phase extraction and liquid chromatography–mass spectrometry with electrospray ionization

A fully validated, sensitive and specific method for the extraction and quantification of Δ⁹-tetrahydrocannabinol (THC) and 11-nor-9-carboxy-Δ⁹-THC (THC-COOH) and for the detection of 11-hydroxy-Δ⁹-THC (11-OH THC) in oral fluid, urine and whole blood is presented. Solid-phase extraction and liquid chromatography–mass spectrometry (LC–MS) technique were used, with electrospray ionization. Three ions were monitored for THC and THC-COOH and two for 11-OH THC. The compounds were quantified by selected ion recording of m/z 315.31, 329.18 and 343.16 for THC, 11-OH THC and THC-COOH, respectively, and m/z 318.27 and 346.26 for the deuterated internal standards, THC-d₃ and THC-COOH-d₃, respectively. The method proved to be precise for THC and THC-COOH both in terms of intra-day and inter-day analysis, with intra-day coefficients of variation (CV) less than 6.3, 6.6 and 6.5% for THC in saliva, urine and blood, respectively, and 6.8 and 7.7% for THC-COOH in urine and blood, respectively. Day-to-day CVs were less than 3.5, 4.9 and 11.3% for THC in saliva, urine and blood, respectively, and 6.2 and 6.4% for THC-COOH in urine and blood, respectively. Limits of detection (LOD) were 2 ng/mL for THC in oral fluid and 0.5 ng/mL for THC and THC-COOH and 20 ng/mL for 11-OH THC, in urine and blood. Calibration curves showed a linear relationship for THC and THC-COOH in all samples (r² > 0.999) within the range investigated.The procedure presented here has high specificity, selectivity and sensitivity. It can be regarded as an alternative method to GC–MS for the confirmation of positive immunoassay test results, and can be used as a suitable analytical tool for the quantification of THC and THC-COOH in oral fluid, urine and/or blood samples.     

Is the Walsh Contract Really Optimal?

The purpose of this paper is to show thatthe linear penalization to inflation foundin Walsh (1995) is not the government'soptimal choice when the fixed part of thetransfer scheme is any given constant and thepayment to the central bank represents acost for the government.     

Can corruption constrain the size of governments?

This paper analyzes the relationship between government size and the level of corruption. We propose a theoretical model where production decisions and corrupt behavior are endogenously determined. We model corruption assuming production in the formal sector is regulated by public officials who can use their public power for private gain. In this context, the underground economy emerges as an outside option that allows entrepreneurs to avoid dealing with bureaucrats. The fact that investments in the informal sector may influence public finances, introduces the possibility of multiple equilibria with different levels of corruption. Consistent with previous theoretical works and recent empirical evidence, we find out that corruption and the shadow economy are complements as they positively correlate across equilibria, which implies that corruption may limit the size of the public sector.