Abstract
In this paper we present a structural approach to the study of government formation in multi-party parliamentary democracies. The approach is based on the estimation of a stochastic bargaining model which we use to investigate the effects of specific institutional features of parliamentary democracy on the formation and dissolution of coalition governments. We illustrate our methodology by presenting the results of two (counterfactual) experiments of comparative constitutional design.
Original language | English (US) |
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Pages (from-to) | 893-907 |
Number of pages | 15 |
Journal | European Economic Review |
Volume | 46 |
Issue number | 4-5 |
DOIs | |
State | Published - 2002 |
Keywords
- Bicameralism
- Constitutions
- Government dissolution
- Government formation
- Minority coalitions
- Political stability
ASJC Scopus subject areas
- Finance
- Economics and Econometrics