Government turnover in parliamentary democracies

Citation
D. Diermeier et A. Merlo, Government turnover in parliamentary democracies, J ECON THEO, 94(1), 2000, pp. 46-79
Citations number
19
Categorie Soggetti
Economics
Journal title
JOURNAL OF ECONOMIC THEORY
ISSN journal
00220531 → ACNP
Volume
94
Issue
1
Year of publication
2000
Pages
46 - 79
Database
ISI
SICI code
0022-0531(200009)94:1<46:GTIPD>2.0.ZU;2-L
Abstract
In this paper we consider a dynamic model of government formation in parlia mentary democracies that accounts for the following phenomena: (1) minority and surplus governments; (2) cabinet reshuffles; (3) cabinet terminations due to replacement of early elections; (4) the relative instability of mino rity governments. Journal of Economic Literature Classification Numbers: D7 2 . H19. C73. (C) 2000 Academic Press.