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| Content Provider | Springer Nature Link |
|---|---|
| Author | Broz, J. Lawrence |
| Copyright Year | 2011 |
| Abstract | Since 1944, United States financing of the International Monetary Fund (IMF) has been appropriated and approved in Congress by roll-call vote. If voting to increase funds to the IMF is viewed as an observable signal of “support” for the IMF, these votes provide a historical record of legislative support for the IMF in the United States. I analyze roll-call voting on IMF financing from 1944 to 2009 at both the aggregate (congressional) and the micro (legislator) levels. At the aggregate level, I show that support for the IMF has fallen over time in the House of Representatives but not in the Senate. In the micro-analysis, I use a “natural experiment” to establish that this intercameral difference is the result of the Senate’s larger and more heterogeneous constituencies, as opposed to other modeled and unmodeled factors. I also find that legislator support for the IMF is shaped strongly by ideology: regardless of chamber, left-wing legislators are as much as 31 percentage points more likely to support the IMF than right-wing legislators. Yet controlling for ideology, senators are more likely to support the IMF than representatives, and representatives are more sensitive to constituency pressures than senators. I attribute these differences to chamber-specific rules governing the size of constituencies. |
| Starting Page | 341 |
| Ending Page | 368 |
| Page Count | 28 |
| File Format | |
| ISSN | 15597431 |
| Journal | The Review of International Organizations |
| Volume Number | 6 |
| Issue Number | 3-4 |
| e-ISSN | 1559744X |
| Language | English |
| Publisher | Springer US |
| Publisher Date | 2011-03-05 |
| Publisher Place | Boston |
| Access Restriction | One Nation One Subscription (ONOS) |
| Subject Keyword | International Monetary Fund IMF United States Congress U.S. congress IMF quotas Social Sciences Economics general Political Science |
| Content Type | Text |
| Resource Type | Article |
| Subject | Political Science and International Relations Economics and Econometrics Organizational Behavior and Human Resource Management |
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