In this paper we analyse the effect of constitutional structures over policy outcomes. In particular, we exploit the heterogeneity in parliamentary systems deriving from the presence and the use of the confidence vote to investigate whether stable and unstable parliamentary systems behave differently in terms of the policies they implement. This finer partition of parliamentary systems allows us to identify effects that are more robust than the ones previously discussed in the literature. We show that the difference between presidential and parliamentary systems documented in previous works is driven by a difference between presidential and stable parliamentary systems. We suggest that possible transmission channels are legislative cohesion and (the absence of) selection.

Bettarelli, L., Cella, M., Iannantuoni, G., Manzoni, E. (2021). It’s a matter of confidence. Institutions, government stability and economic outcomes. ECONOMIA POLITICA, 38(2), 709-738 [10.1007/s40888-020-00210-8].

It’s a matter of confidence. Institutions, government stability and economic outcomes

Bettarelli L.
Primo
;
Cella M.
Secondo
;
Iannantuoni G.
Penultimo
;
Manzoni E.
Ultimo
2021

Abstract

In this paper we analyse the effect of constitutional structures over policy outcomes. In particular, we exploit the heterogeneity in parliamentary systems deriving from the presence and the use of the confidence vote to investigate whether stable and unstable parliamentary systems behave differently in terms of the policies they implement. This finer partition of parliamentary systems allows us to identify effects that are more robust than the ones previously discussed in the literature. We show that the difference between presidential and parliamentary systems documented in previous works is driven by a difference between presidential and stable parliamentary systems. We suggest that possible transmission channels are legislative cohesion and (the absence of) selection.
Articolo in rivista - Articolo scientifico
Confidence vote; Government stability; Parliamentary system; Presidential system;
English
24-dic-2020
2021
38
2
709
738
open
Bettarelli, L., Cella, M., Iannantuoni, G., Manzoni, E. (2021). It’s a matter of confidence. Institutions, government stability and economic outcomes. ECONOMIA POLITICA, 38(2), 709-738 [10.1007/s40888-020-00210-8].
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10281/313797
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