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This paper examines how managers at the top of a public institution, central bank executives, allocate their working time. Using detailed information from personal diaries of the six members of the European Central Bank’s Executive Board over a period of two years, we codify and analyze more...
Persistent link: https://www.econbiz.de/10012018158
How does “what managers know” affect firm performance on international markets? This question is of considerable importance in the international economic literature. Answering it will be key for comprehending the way firms’ varying performance on international markets is shaped by the...
Persistent link: https://www.econbiz.de/10011887386
Numerous countries are introducing citizen feedback schemes to tame corruption. We study how best to incorporate feedback in public officials’ incentives. The main novelty of our proposal is to allow citizens to directly influence officials’ pay. We consider a situation in which...
Persistent link: https://www.econbiz.de/10011388212
Formal and informal institutions are often viewed as complements or substitutes in empirical and theoretical works. However, no evidence of complementarities or substitutes is found in our empirical analysis of the interrelation between formal and informal decentralization across 64 provinces of...
Persistent link: https://www.econbiz.de/10010325617
Tax administrations use machine learning to predict risk scores as a basis for selecting individual taxpayers for audit. Audits detect noncompliance immediately, but may also alter future filing behavior. This analysis is the first to estimate compliance effects of audits among high-risk wage...
Persistent link: https://www.econbiz.de/10012018307
High employment protection in the public sector results in strategic over-employment if government divisions compete for budgets in a dynamic setting. Bureaucrats who are interested in maximising their divisions' output employ excess labor, since this induces the sponsor to provide complementary...
Persistent link: https://www.econbiz.de/10010263971
This study empirically investigates the transposition patterns of EU directives in all 15 member states and in six major sectors of the economy with a view on analysing the political-economic reasons behind sector and national differences in the legal transposition instruments used. In...
Persistent link: https://www.econbiz.de/10010264210
In their role as agenda setters and implementers of political decisions, bureaucrats potentially have the power to influence decisions in their own favor. It is however difficult to empirically test whether bureaucrats actually are involved in such actions. In this paper we suggest and apply a...
Persistent link: https://www.econbiz.de/10010264462
The quality of public management is a recurrent concern in many countries. Calls to attract the economy's best and …
Persistent link: https://www.econbiz.de/10010264466
determine national representation in the top management of the ECB. Further, there is evidence for the existence of national … networks between adjacent management layers. Finally, monetary policy decisions seem to be linked to national representation in … macroeconomic data. Our results indicate that weights based on national representation in the mid-level management of the ECB's core …
Persistent link: https://www.econbiz.de/10010278849