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Monetary policy committees : individual and collective reputations

Sibert, Anne C. - 1999

This paper looks at how the reputation of a monetary policy making committee is jointly determined with the reputations … of its individual members. I ask whether individuals ha ve more or less incentive to gain a reputation for being tough on …

Persistent link: https://www.econbiz.de/10009781721

Competition of politicians for incentive contracts and elections

Gersbach, Hans - 2001

politicians time preferences. In the non-commitment case, incentive contracts may need to include a golden parachute clause …

Persistent link: https://www.econbiz.de/10011397764

Rent seeking, capital accumulation, and macroeconomic growth

Heijdra, Ben J.; Heijnen, Pim - 2023

We study the effects of time-using rent-seeking activities on the macroeconomic allocation and the economic growth rate. We formulate a highly stylized three-sector general equilibrium model with overlapping generations of individuals. The production side features one sector producing the...

Persistent link: https://www.econbiz.de/10014431164

The democratization of rent seeking in Greece

Moutos, Thomas; Pechlibanos, Lampros - 2013

We describe the evolution of the power struggle in Greece among key economic and political stakeholders, who have tried, via strategic positioning and rent-seeking activities, to influence economic policy outcomes during the postwar decades. We split the postwar decades in three periods: the...

Persistent link: https://www.econbiz.de/10009766673

On the determinants of labour market institutions : rent-sharing vs. social insurance

Agell, Jonas - 2000

What determines the structure of labour market institutions? This paper argues that common explanations based on rent … perspective changes substantially the assessment of often-proposed reforms of European labour market institutions. The benefits … institutions, they may also make people more willing to pay a high premium to preserve institutions that provide insurance. …

Persistent link: https://www.econbiz.de/10009786721

One hundred years of oil income and the Iranian economy : a curse or a blessing?

Mohaddes, Kamiar; Pesaran, M. Hashem - 2013

appropriate institutions and policy mechanisms which act as shock absorbers in the face of high levels of oil revenue volatility …

Persistent link: https://www.econbiz.de/10009707616

Academic exclusion : some experiences

Hillman, Arye L.; Ursprung, Heinrich W. - 2016

We describe and compare the experiences of academic exclusion of Alexander Del Mar, J.A. Hobson, and Gordon Tullock. While aspects of the circumstances differed, a common element was academic exclusion because of challenges to mainstream views. Alexander Del Mar, J.A. Hobson, and Gordon Tullock...

Persistent link: https://www.econbiz.de/10011481205

Where are the rent seekers?

Hillman, Arye L.; Ursprung, Heinrich W. - 2016

political institutions. We compare Tullock with Gary Becker, who focused on deadweight losses from redistribution and concluded …

Persistent link: https://www.econbiz.de/10011447512

Nature, power, and growth

Thorvaldur Gylfason - 2001

their management, and of economic management and institutions in general. …

Persistent link: https://www.econbiz.de/10011397924

Asymmetric yardstick competition : traditional procurement versus public-private partnerships

Di Liddo, Giuseppe; Vinella, Annalisa - 2019

We investigate yardstick competition between local jurisdictions in which pure rent-seeking incumbents undertake an identical infrastructure project choosing be- tween two contractual arrangements with different financing profiles, namely traditional procurement (TP) and public-private...

Persistent link: https://www.econbiz.de/10011956309