Journal of Public Economics最新文献

The prevailing view in the economic literature is that voters are particularly myopic, encouraging governments to leverage short-term re-election strategies. Under such conditions, public capital investment with long-term rewards – despite its central role in the process of sustained economic development – may be neglected. In the context of India’s rural road construction programme, this study evaluates the role which large-scale public infrastructure initiatives have on the electoral accountability mechanism. Using a $fuzzy$ regression discontinuity design with newly-digitised village-level voting outcomes from the 2014 general election, the results provide evidence of electoral support attributed to the political alliance which spearheaded the programme. This support is sustained over two electoral cycles, with significant spillover effects in villages within 2 km of a newly built road.

In 2014, the Swiss Upper House switched from voting by show of hands to an electronic voting system, where individual decisions on specific exogenously defined vote types are published automatically. We leverage this update in monitoring technology for select votes to identify the impact of monitoring on politicians’ attendance within a quasi-experimental difference-in-differences methodology. Relying on video recordings of all sessions of the 49th Upper House legislature (2011–2015), we determine pre- and post-reform attendance rates during all votes and compare the change in attendance between votes affected and unaffected by the reform. Monitoring has a positive and significant effect on attendance particularly among legislators running for reelection, as compared to those retiring at the end of the term.

We study how economic information diffuses within the household, leveraging an information-provision experiment with a representative sample of households from Germany. A random sample of household members received information about their household’s position in the income distribution. When provided with information directly, there are no gender differences in how individuals update their beliefs. However, we observe significant gender disparities in the diffusion of information within the household. Specifically, when only the husband receives the information, it influences the wife’s beliefs; however, when only the wife receives the information, it does not affect the husband’s beliefs.

This paper studies the price and employment responses of firms to the introduction of a nationwide minimum wage in Germany. Widely throughout the economy, affected firms responded by rapidly and frequently increasing prices without cutting employment. These decisions are strongly interrelated: Firms that increased prices relatively more often also showed a less negative employment response. The relative importance of both margins is associated with product market competition and the specific economic situation firms face when being treated. The empirically strong interdependence suggests that the employment effects of minimum wages may not be properly understood when abstracting from other adjustment margins.

Globally, renewable energy projects often face local opposition despite the potential for job creation. Analyzing data from over 3,900 Spanish municipalities (2017–2021), we find that new jobs frequently do not remain in the host communities. Solar projects show stronger employment and unemployment multipliers compared to wind, reflecting differing task and skill requirements. Beyond the labor market impacts, residents benefit from the investments through greater public spending and increased per capita income. However, these effects are modest, particularly in the case of small to medium-sized plants.