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Formateur Advantage in Portfolio Allocation: The Impact of Institutions

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Abstract:

Using data on coalition governments in 13 European countries, I demonstrate that the institutional arrangements affect portfolio allocations. In particular, the investiture vote promotes the formateur advantage, while bicameralism obstructs it.

Most Common Document Word Stems:

parti (255), faction (243), portfolio (167), alloc (124), pm (115), within (112), ldp (111), share (90), cabinet (78), member (71), minist (67), prime (64), seat (62), popular (61), leader (56), coalit (51), govern (50), among (50), support (50), base (42), intern (39),
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Name: MPSA Annual National Conference
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http://www.indiana.edu/~mpsa/


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MLA Citation:

Ono, Yoshikuni. "Formateur Advantage in Portfolio Allocation: The Impact of Institutions" Paper presented at the annual meeting of the MPSA Annual National Conference, Palmer House Hotel, Hilton, Chicago, IL, Apr 03, 2008 <Not Available>. 2009-05-23 <http://www.allacademic.com/meta/p266959_index.html>

APA Citation:

Ono, Y. , 2008-04-03 "Formateur Advantage in Portfolio Allocation: The Impact of Institutions" Paper presented at the annual meeting of the MPSA Annual National Conference, Palmer House Hotel, Hilton, Chicago, IL Online <APPLICATION/PDF>. 2009-05-23 from http://www.allacademic.com/meta/p266959_index.html

Publication Type: Conference Paper/Unpublished Manuscript
Abstract: Using data on coalition governments in 13 European countries, I demonstrate that the institutional arrangements affect portfolio allocations. In particular, the investiture vote promotes the formateur advantage, while bicameralism obstructs it.

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Associated Document Available MPSA Annual National Conference
Associated Document Available Political Research Online

Document Type: application/pdf
Page count: 33
Word count: 9748
Text sample:
PORTFOLIO ALLOCATION AS LEADERSHIP STRATEGY INTRA-PARTY ALLOCATION IN JAPAN Yoshikuni Ono Ph.D. Candidate Department of Political Science University of Michigan Abstract The single party government of the Liberal Democratic Party in Japan is the result of an agreement between highly institutionalized factions and portfolios of cabinet ministries are allocated among factions within the party. How do the dynamics of portfolio allocation work within a party? Do factions work in the same way as coalition parties do? My study shows
22.8 Faction Portfolio share Seat share Gap Tanaka 28.6 15.8 12.8 Fukuda 9.5 24.5 -15.0 % Nov. 1973 PM's approval rating LDP's approval rating Gap 18.0 27.2 -9.2 Faction Portfolio share Seat share Gap Tanaka 23.8 19.7 4.1 Fukuda 14.3 23.0 -8.7 % 33


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