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Daniele, Gianmarco; Giommoni, Tommaso - 2021

We study how policies limiting the spending capacity of local governments may reduce corruption. We exploit the … both recorded corruption rates and corruption charges per euro spent. This effect emerges only in areas in which the DSP … put a binding cap on municipal capital expenditures. The reduction in corruption is linked to accountability incentives as …

Persistent link: https://www.econbiz.de/10013244240

A Dynamic Theory of Regulatory Capture

De Chiara, Alessandro; Schwarz, Marco A. - 2021

Firms often try to influence individuals that, like regulators, are tasked with advising or deciding on behalf of a third party. In a dynamic regulatory setting, we show that a firm may prefer to capture regulators through the promise of a lucrative future job opportunity (i.e., the...

Persistent link: https://www.econbiz.de/10013236193

Management and Performance in the Public Sector : Evidence from German Municipalities

Englmaier, Florian; Muehlheusser, Gerd; Roider, Andreas; … - 2022

We study management practices and performance of public sector organizations in Germany. For a representative sample of municipalities, we provide survey evidence for substantial het-erogeneity in the use of structured management practices. This heterogeneity is not driven by differences across...

Persistent link: https://www.econbiz.de/10014242153

Lending Cycles and Real Outcomes : Costs of Political Misalignment

Bircan, Cagatay; Saka, Orkun - 2021

We document a strong political cycle in bank credit and industry outcomes in Turkey. In line with theories of tactical redistribution, state-owned banks systematically adjust their lending around local elections compared with private banks in the same province based on electoral competition and...

Persistent link: https://www.econbiz.de/10013246909

No Surprises, Please : Voting Costs and Electoral Turnout

Alipour, JV; Lindlacher, Valentin - 2022

We study how seemingly benign changes to voting costs affect electoral turnout, exploiting plausibly exogenous variation in the assignment of polling places in Munich (Germany). Using an event study design, we find that polling place relocations cause a persistent shift from in-person to mail-in...

Persistent link: https://www.econbiz.de/10014083321

The Baby Year Parental Leave Reform in the GDR and its Impact on Children's Long-Term Life Satisfaction

Heisig, Katharina - 2019

This article investigates the effects of an increase in paid parental leave -- twelve months instead of six months -- on children's long-term life satisfaction. The historical setting under study, namely the former German Democratic Republic (GDR), allows us to circumvent problems of selection...

Persistent link: https://www.econbiz.de/10012861477