Objective
Research objectives and content
JEL classification: Hl, E6, C6
Keywords: political economics, cabinet stability, discrete choice models
abstract
To show how institutional features of parliamentary democracies provide stability to governments, construct a dynamic stochastic discrete choice model of government participation at the single party level.
A single party is assumed to make a discrete choice regarding her participation to a government: either she can trade the government for a different one or keep it.
This discrete decision is influenced by different factors: the income received by the government re-distributive policies;
the shortage of votes necessary to pass the government proposal;
the political cost of breaking the government.
Possible insight from this model is to prove the existence of indigenous optimal stopping time for termination of governments in parliamentary democracies. The research also runs policy simulations of the effects of re-distributive policies on government duration. A further extension is to compare actual data on cross-sectional distributions of government duration with a simulated version of the model.
Training content (objective, benefit and expected impact)
By using the methods of dynamic programming it will be possible to run policy simulations out the effects of re-distributive policies on government duration; for this purpose numerical analysis will be applied through a built-in purpose program written in Matlab code. An extension of the research is dedicated to run a comparative analysis between actual data on cross-sectional distributions of government durations and the simulated versions of the model.
Methods: formal political models of structure-induced equilibrium dynamic programming, numerical analysis of policy simulations, Matlab programming language, econometric analysis of duration data. Relevance of proposal to European policies.
The research will also explore the general design of the political institutions of the EU;
in particular it will analyse how the heterogeneity of parliamentary structures will influence the fiscal adjustment processes necessary for the success of the European monetary union.
Links with industry / industrial relevance (22)
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences computer and information sciences software
- social sciences economics and business economics
- social sciences political sciences government systems democracy
- natural sciences mathematics applied mathematics numerical analysis
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Programme(s)
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Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
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Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
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Funding Scheme
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Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
75690 PARIS
France
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