Arbeitspapier
Public Funding of Political Parties
This paper concerns public funding of parties. Parteis receive public funds depending on their vote share. Funds finance electoral campaigns. Two cases are investigated. In the first, some voters are policy motivated and some are ?impressionable? ? their vote depends directly on campaign expenditures. In the second, campaigning is informative and all voters are policy motivated. Public funds increase policy convergence in both cases. The effect is larger, the more funding depends on vote shares. When campaigns are informative, there may be multiple euqilibria. Intuitively, a large party can stay large since it receives large funds.
- Language
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 368
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Schultz, Christian
Ortuno-OrtÍn, Ignacio
- Event
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Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
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Munich
- (when)
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2000
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Schultz, Christian
- Ortuno-OrtÍn, Ignacio
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2000