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We present a theory to explain government procrastination as a consequence of its present-bias resulting from the … theory predicts that a government with a more strongly predominant party tends to procrastinate less. -- present …
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control variables and method of estimation. -- terrorism ; decentralization ; federalism ; governance quality ; government …
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We document that trust in public institutions - and particularly trust in banks, business and government - has declined … the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …"We document that trust in public institutions-and particularly trust in banks, business and government-has declined …
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alternative mechanism known as divided government. By dividing government control between the executive and legislative branches … states from 1975 to 2000, it is shown that the probability of divided government is 10-15 percent higher when governors are … control an otherwise unaccountable executive. -- divided government ; lame duck ; term limit ; accountability …
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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...
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I consider transactions involving asymmetric prisoners dilemmas between pairs of players selected chosen from two large populations. Games are played repeatedly, but information about cheating is not adequate to sustain cooperation, and there is no official legal system of contract enforcement....
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