Dynamic Government Performance: Honeymoons and Crises of Confidence.
We model the interplay between a government’s performance, its expected lifetime, and the confidence it enjoys. Here, “confidence” can be broadly interpreted as the government’s popularity, the size of its parliamentary majority, its reserve of talent, or other factors. Confidence evolves in respons...
Main Authors: | , |
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Format: | Working paper |
Language: | English |
Published: |
Department of Economics (University of Oxford)
2010
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