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Persistent link: https://www.econbiz.de/10005345032
We build a simple model to capture the major virtues and drawbacks of making public officials accountable (i.e., subjecting them to reelection): On the one hand, accountablity allows the public to screen and discipline their officials; on the other, it may induce those officials to pander to...
Persistent link: https://www.econbiz.de/10005163091