Showing 1 - 10 of 146
In the course of history, a large number of politicians have been assassinated. Rational choice hypotheses are developed and tested using panel data covering more than 100 countries over a period of 20 years. Several strategies, in addition to security measures, are shown to significantly reduce...
Persistent link: https://www.econbiz.de/10003791827
In a country with weak institutional constraints on the executive, the real power might belong to the government bureaucracy rather than to an autocratic leader. We combine the Aghion-Tirole definition of formal and real authority with the Barro-Ferejohn model of political agency to study the...
Persistent link: https://www.econbiz.de/10010199719
How does "what managers know" affect firm performance on international markets? This question is of considerable …, stems from the experience of doing it. Therefore, different employers immensely contend for managers' highly valuable export … experience. As managers can accept better and better positions from several offers, they may become highly mobile, thus having a …
Persistent link: https://www.econbiz.de/10011867233
This paper examines how managers at the top of a public institution, central bank executives, allocate their working …
Persistent link: https://www.econbiz.de/10011962284
We examine the various senses in which economist use the term "rationality" and then outline some of the commonly drawn …
Persistent link: https://www.econbiz.de/10011793877
We analyze whether mayors’ prior occupation in the local public administration matters for their performance. In theory, mayors’ professional background may shape their competence in bureaucratic tasks. We use the example of grant receipts for visible investment projects for which mayors...
Persistent link: https://www.econbiz.de/10015186328
This paper studies how divided government - arising when control of the government branches is split between parties - affects the polarization of the legislature and policy implementation. Using data on electoral and legislative outcomes for US states and a regression-discontinuity design, we...
Persistent link: https://www.econbiz.de/10013285498
We analyze whether or not the globalization of capital, "disciplines" governments and improves governance. We demonstrate that globalization affects governance, by increasing a country's vulnerability to sudden capital flight. This increased threat of capital flight can discipline governments...
Persistent link: https://www.econbiz.de/10009488923
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/10009488951
We present a theoretical model of moral hazard and adverse selection in an imperfectly competitive loans market that is suitable for application to Africa. The model allows for variation in both the level of contract enforcement (depending on the quality of governance) and the degree of market...
Persistent link: https://www.econbiz.de/10010424751