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Elected politicians often choose to delegate competence to various agencies rather than deciding themselves. The paper … deals with the apparent paradox that competence is being transferred despite the fact that politicians are assumed to …
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Theories in political economy depend critically on assumptions about motivations of politicians. Our analysis starts … from the premise that politicians, like other economic agents, are rational individuals who make career decisions by … would affect the career decisions of politicians and the returns to a career in Congress …
Persistent link: https://www.econbiz.de/10014108362
Theories in political economy depend critically on assumptions about motivations of politicians. Our analysis starts … from the premise that politicians, like other economic agents, are rational individuals who make career decisions by … wage or the imposition of term limits would affect the career decisions of politicians and the returns to a career in …
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This paper contains additional details about the model in our paper "A Political Economy Model of Congressional Careers" (Diermeier, Keane and Merlo (2004)), as well as the computational methods we use to solve and estimate the model, and the construction of the data set
Persistent link: https://www.econbiz.de/10014069399
Theories in political economy depend critically on assumptions about motivations of politicians. Our analysis starts … from the premise that politicians, like other economic agents, are rational individuals who make career decisions by … wage or the imposition of term limits would affect the career decisions of politicians and the returns to a career in …
Persistent link: https://www.econbiz.de/10014069400