Showing 1 - 10 of 586
I develop a model of ideologies as collectively sustained (yet individually rational) distortions in beliefs concerning the proper scope of governments versus markets. In processing and interpreting signals of the efficacy of public and market provision of education, health insurance, pensions,...
Persistent link: https://www.econbiz.de/10005662410
The determinants of government responsiveness to its citizens is a key issue in political economy. Here we develop a model based on the solution of political agency problems. Having a more informed and politically active electorate strengthens incentives for governments to be responsive. This...
Persistent link: https://www.econbiz.de/10005791661
We study the dynamic support for fiscal decentralization in a political agency model from the perspective of a region. We show that corruption opportunities are lower under centralization at each period of time. However, centralization makes more difficult for citizens to detect corrupt...
Persistent link: https://www.econbiz.de/10008468714
Tropical deforestation accounts for almost one-fifth of greenhouse gas emissions worldwide and threatens the world's most diverse ecosystems. The prevalence of illegal forest extraction in the tropics suggests that understanding the incentives of local bureaucrats and politicians who enforce...
Persistent link: https://www.econbiz.de/10011084290
This paper uses household data from India to examine the economic and social status of village politicians, and how individual and village characteristics affect politician behaviour while in office. Education increases the chances of selection to public office and reduces the odds that a...
Persistent link: https://www.econbiz.de/10005661887
We model an international union as a group of countries deciding together the provision of certain public goods and …, the composition and the scope of unions. Our model implies that the equilibrium size of the union is inversely related to … enlargement and deepening of coordination: a union involved in too many collateral activities will be favoured by few countries …
Persistent link: https://www.econbiz.de/10005666614
Economic growth occurs as resources are reallocated from the traditional sector to the more productive modern sector. Yet, the latter is more vulnerable to political predation. Hence, political risk hinders development. We analyse a politico-economic game between citizens and governments, whose...
Persistent link: https://www.econbiz.de/10005667096
We model an international union as a group of countries deciding together on the provision of public goods or policies …-making endogenously determines size, composition and scope of the union. Policy uniformity reduces the union’s size, may block enlargement …
Persistent link: https://www.econbiz.de/10005791323
In this paper we examine the main challenges in promoting an effective market economy. While the paper ranges widely across the spectrum of economic institutions and policies, the central theme is the importance of macroeconomic stability for economic growth in the medium and long run....
Persistent link: https://www.econbiz.de/10005124132
We construct a set of indicators to measure the policy-making role of the European Union (European Council, Parliament …
Persistent link: https://www.econbiz.de/10005124230