We investigate the effect of potential entry on the formation and stability of R&D networks considering farsighted firms. The presence of a potential entrant often alters the incentives of incumbents to collaborate. Incumbent ...

We use monthly data across fifteen euro-area economies for the period 1985:1-2015:3 to obtain different monetary policy shocks pertaining to more versus less informed individuals. We then investigate how these affect ...

We introduce primaries—both closed and open—into a Downsian model of two-party electoral competition allowing the two candidates in each party’s primary to differ in valence as well as in policy platform. The good news is ...

How does electoral rule disproportionality affect the structure of the party system (i.e. the number and the policy platforms of the competing parties)? By studying a model where both party entry and platform choice are ...

Abstract. In this paper, we focus on the years before the Great Recession (1960–2007) and, after addressing possible issues of endogeneity, we study the effect

Does exposure to the refugee crisis fuel support for extreme-right parties? Despite heated debates about the political repercussions of the refugee crisis in Europe, there exists very little—and sometimes conflicting—evidence ...

he Brexit vote took place three days before the June 26, 2016, Spain’s parliamentary elections, in which anti-systemic parties performed worse compared to the previous elections (December 2015) despite the optimistic ...

Electoral competition between two vote-share maximizing candidates in the context of the unidimensional spatial model leads to platform convergence: both candidates end up proposing the ideal policy of the median voter ...

We make use of longitudinal data for the Russian economy over 1994–2016 to obtain earnings information about parents and children. We show that rank correlations give reliable estimates, and find intergenerational correlations ...