A Structural Model of Government Formation
Northwestern University - Kellogg School of Management
Johns Hopkins University
University of Pennsylvania - Department of Economics; Rice University
PIER Working Paper No. 02-001
In this paper we estimate a bargaining model of government formation in parliamentary democracies. We use the estimated structural model to conduct constitutional experiments aimed at evaluating the impact of institutional features of the political environment on the duration of the government formation process, the type of coalitions that form, and their relative stability.
Number of Pages in PDF File: 55
Keywords: Political Stability, Government Formation, Government Dissolution, Comparative Constitutional Design
JEL Classification: D72, H19, C73
Date posted: April 14, 2002
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