2004
DOI: 10.1016/j.jpubeco.2003.10.008
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Term limits and pork barrel politics

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Cited by 59 publications
(37 citation statements)
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“…Our approach stresses three salient 4 See, e.g., Ferejohn (1986), Reed (1994, Besley and Case (1995), List and Sturm (2006) or the overview in Persson and Tabellini (2000). An exception, however, is Bernhardt et al (2004). They study the e¤ect of term limits on the reelection rule in a political agency model with many legislators and distributive politics.…”
Section: The Modelmentioning
confidence: 99%
“…Our approach stresses three salient 4 See, e.g., Ferejohn (1986), Reed (1994, Besley and Case (1995), List and Sturm (2006) or the overview in Persson and Tabellini (2000). An exception, however, is Bernhardt et al (2004). They study the e¤ect of term limits on the reelection rule in a political agency model with many legislators and distributive politics.…”
Section: The Modelmentioning
confidence: 99%
“…Finally, it would be worthwhile to extend our analysis along the lines of Bernhardt et al (2004), to consider how term limits affect outcomes. In simple versions of our model with a term limit of two, and two parties, all sufficiently moderate voters continue to benefit from party competition, but, for example with Euclidean preferences, one can construct parameterizations in which party competition raises turnover of incumbents (i.e., lemma 2 may cease to hold as we have v < w, but c > k), in which case voters with extreme ideologies prefer at large selection of candidates.…”
Section: Resultsmentioning
confidence: 99%
“…Period utilities are discounted by factor δ < 1. 6 We focus on symmetric, stationary and stage-undominated perfect Bayesian equilibrium (PBE). 6 To ease presentation, we abstract from ego rents from holding office.…”
Section: Literature Reviewmentioning
confidence: 99%
“…In selecting policies, representatives typically care not only about winning, but also about their actions while in office, either through their own policy preferences or else in terms of the "effort" expended on their constituents' behalf. With the exception of Barro (1973), electoral accountability models assume some form of incomplete information is present: either the motivations of the representatives are known but their influence over policy, and hence over voter utility, is not (Ferejohn 1986, Austen-Smith andBanks 1989), or their influence over policy is known but their motivations are not (Reed 1994, Duggan 2000, Bernhardt et al 2004, Meirowitz 2007, or neither is known (Rogoff 1990, Banks and Sundaram 1993, 1998, Coate and Morris 1995, Fearon 1999. To date, all of this work has maintained the original Downsian assumption of a unidimensional policy space, conceptualized either as a space of effort levels or as an ideological dimension.…”
Section: Literature Reviewmentioning
confidence: 99%
“…The existence of simple equilibria is proved, and it is shown that in all such equilibria, the median voter is decisive: a policy choice by an officeholder secures re-election if and only if it gives the median voter a payoff at least equal to the median's expected payoff from electing a challenger. This model has been extended to allow for term limits (Bernhardt et al 2004), for parties (Bernhardt et al 2005, Campuzano 2005, and for costly signaling in campaigns (Kang 2005).…”
Section: Literature Reviewmentioning
confidence: 99%