@article{6499ff534c574eb1bcfaafec0a07b862,
title = "Government turnover in parliamentary democracies",
abstract = "In this paper we consider a dynamic model of government formation in parliamentary democracies that accounts for the following phenomena: (1) minority and surplus governments; (2) cabinet reshuffles; (3) cabinet terminations due to replacement or early elections; (4) the relative instability of minority governments. Journal of Economic Literature Classification Numbers: D72, H19, C73.",
author = "Daniel Diermeier and Antonio Merlo",
note = "Funding Information: 1We thank an anonymous referee, V. V. Chari, Charlie Plott, the participants of the Benjamin Lippincott Symposium on Political Economy at the University of Minnesota, and seminar participants at Caltech, the University of Chicago, the University of Pennsylvania, Universitat Pompeu Fabra, and Princeton University for their useful comments. Financial support from the National Science Foundation, the Center for Political Economy at the University of Minnesota, and the C. V. Starr Center for Applied Economics at New York University is gratefully acknowledged.",
year = "2000",
month = sep,
doi = "10.1006/jeth.2000.2682",
language = "English (US)",
volume = "94",
pages = "46--79",
journal = "Journal of Economic Theory",
issn = "0022-0531",
publisher = "Academic Press Inc.",
number = "1",
}