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We study the effect of electoral incentives on the allocation of public services across legislative districts. We develop a model in which elections encourage individual legislators to cater to parochial interests and thus aggravate the common pool problem. Using unique data from seven US...
Persistent link: https://www.econbiz.de/10009011938
with the (in)effectiveness of a government's healthcare-related responses to past epidemics. We document this mechanism …
Persistent link: https://www.econbiz.de/10012506921
Persistent link: https://www.econbiz.de/10003457173
to compete with the existing ineffective formal system. This implies that the central government needs to reorganize the …
Persistent link: https://www.econbiz.de/10009488951
When politicians have lower discount factors than voters, democratic elections cannot sufficiently motivate politicians … to undertake long-term socially beneficial projects. When politicians can offer incentive contracts which become … politicians time preferences. In the non-commitment case, incentive contracts may need to include a golden parachute clause …
Persistent link: https://www.econbiz.de/10011397764
-run and (ii) experts’ uncertainty increased after the election. Our results suggest that exceptional politicians influence …
Persistent link: https://www.econbiz.de/10012417461
This paper establishes the presence of a substantial gender gap in the relationship between state legislature service and the subsequent pursuit of a Congressional career. The empirical approach uses a sample of mixed-gender elections to compare the differential political career progression of...
Persistent link: https://www.econbiz.de/10012064423
office. Based on a sample of 356 inexperienced and experienced local politicians in West Bengal, India, we combine survey … in the attitudes of inexperienced politicians, a lower faith in political institutions and a greater distaste for … corruption can be seen among experienced politicians, particularly women. However, this seeming hardening in attitudes among …
Persistent link: https://www.econbiz.de/10012200256
resolving preference conflicts across individuals, politicians place substantially more importance on least-favored than on most …" which insists that choices merit intervention only if the lure of immediacy may bias intertemporal choice. Politicians' and …
Persistent link: https://www.econbiz.de/10014247240
Can one single political leader influence macroeconomic expectations on a global scale? We design a large-scale survey experiment among influential economic experts working in more than 100 countries and use the 2020 US presidential election as a quasi-natural experiment to identify the effect...
Persistent link: https://www.econbiz.de/10013383634