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Grossman, Michael - 1981

In this paper, I summarize the results of empirical studies in the areas of schooling and health, public programs and infant mortality, and government regulation of teenage smoking. My review is selective and is based on my own research. It is neutral with respect to the question of whether the...

Persistent link: https://www.econbiz.de/10012478333

Sharing a Government

Ventura, Jaume - 2019

This paper develops a simple theoretical framework to study a set of regions, each with its own regional government, who share a union or central government. These governments must decide whether to implement or discard a large number of projects that produce local benefits for the region that...

Persistent link: https://www.econbiz.de/10012480087

Government Decentralization Under Changing State Capacity : Experimental Evidence From Paraguay

Dal Bó, Ernesto - 2018

Standard models of hierarchy assume that agents and middle managers are better informed than principals about how to implement a particular task. We estimate the value of the informational advantage held by supervisors (middle managers) when ministerial leadership (the principal) introduced a...

Persistent link: https://www.econbiz.de/10012452842

Do Powerful Politicians Cause Corporate Downsizing?

Cohen, Lauren - 2010

This paper employs a new empirical approach for identifying the impact of government spending on the private sector. Our key innovation is to use changes in congressional committee chairmanship as a source of exogenous variation in state-level federal expenditures. In doing so, we show that...

Persistent link: https://www.econbiz.de/10012462813

Provincial and Local Governments in China : Fiscal Institutions and Government Behavior

Gordon, Roger H. - 2011

What are the incentives faced by local officials in China? Without democratic institutions, there is no mechanism for local residents to exercise "voice". Given the hukou registration system, local residents have little opportunity to threaten "exit" if they are unhappy with local taxes and...

Persistent link: https://www.econbiz.de/10012461963

Governance and the Effectiveness of Public Health Subsidies

Dizon-Ross, Rebecca - 2015

decrease child mortality in sub-Saharan Africa. There is, however, widespread concern that poor governance and in particular …

Persistent link: https://www.econbiz.de/10012457343

Indirect Rule and State Weakness in Africa : Sierra Leone in Comparative Perspective

Acemoglu, Daron - 2014

A fundamental problem for economic development is that most poor countries have 'weak state' which are incapable or unwilling to provide basic public goods such as law enforcement, order, education and infrastructure. In Africa this is often attributed to the persistence of 'indirect rule' from...

Persistent link: https://www.econbiz.de/10012458573

Liquidity and Governance

Back, Kerry - 2013

Is greater trading liquidity good or bad for corporate governance? We address this question both theoretically and … information concerns her own plans for taking an active role in governance. We show that an increase in the liquidity of the firm … governance. Empirical tests using three distinct sources of exogenous variation in liquidity confirm the negative relation …

Persistent link: https://www.econbiz.de/10012458993

Advance Refundings of Municipal Bonds

Ang, Andrew - 2013

interest payments after the call date. We find that municipalities in states with poor governance generally destroy the most …

Persistent link: https://www.econbiz.de/10012459203

Isolated Capital Cities, Accountability and Corruption : Evidence from US States

Campante, Filipe R. - 2013

We show that isolated capital cities are robustly associated with greater levels of corruption across US states, in line with the view that this isolation reduces accountability, and in contrast with the alternative hypothesis that it might forestall political capture. We then provide direct...

Persistent link: https://www.econbiz.de/10012459635