Persistence in policy: evidence from close votes

That is the job market paper by economist Zach Freitas-Groff of Stanford University. Here is the abstract: Policy choices sometimes appear stubbornly persistent, even when they become politically unpopular or economically damaging. This paper offers the first systematic empirical evidence of how persistent policy choices are, defined as whether an electorate’s or legislature’s decisions affect […] The post Persistence in policy: evidence from close votes appeared first on Marginal REVOLUTION.