Showing 1 - 10 of 38
Alienation to politics weakens political competition and can undermine the acceptance and legitimacy of democracy as a political system. Governance and representation problems at the local level cause part of citizens' lack of power and political alienation. Citizens have local power if they can...
Persistent link: https://www.econbiz.de/10012168195
Improving transparency and enabling the principal to hold its agents accountable is a major issue in any principal agent relationship. This paper focuses on the role of public auditors in this task and presents evidence on the impact of auditor term length and term limits on government...
Persistent link: https://www.econbiz.de/10012168330
Public Auditors are fundamental institutions to supervise government agents. Without accurate information principals would find it hard to make adequate decisions. Since agents face strong incentives to misreport, competent audits of financial information are crucial. This paper is the first...
Persistent link: https://www.econbiz.de/10012168331
To overcome problems produced by globalization, some people see the solution in a World Government while others see it in an autarchic global market without any government intervention. Both solutions are rejected due to their major shortcomings. Two superior solutions are proposed: (1) A net of...
Persistent link: https://www.econbiz.de/10012168230
Is the economic and financial crisis also a crisis of Economics? From different perspectives, today there is rather harsh criticism of Economics as a Social Science. In this paper, first, some of the recent failures of Economics are discussed. Then some of the criticisms are taken up that are...
Persistent link: https://www.econbiz.de/10012168326
Gordon Tullock has been one of the most important founders and contributors to Public Choice. Two innovations are typical "Tullock Challenges". The first relates to method: the measurement of subjective well-being, or happiness. The second relates to digital social networks such as Facebook,...
Persistent link: https://www.econbiz.de/10012168380
In recent years the topic of corruption has attracted a great deal of attention. However, there is still a lack of substantial empirical evidence about the determinants of corruption. This empirical study analyses a cross-section of individuals using the World Values Survey wave III (1995-1997),...
Persistent link: https://www.econbiz.de/10012168194
In recent years the topics of illegal activities such as corruption or tax evasion have attracted a great deal of attention. However, there is still a lack of substantial empirical evidence about the determinants of compliance. The aim of this paper is to investigate empirically whether women...
Persistent link: https://www.econbiz.de/10012168245
Public auditors should reduce agency problems and improve transparency. We address the question of whether auditors should be elected by the citizens or appointed by either the legislature or the executive, and explore the influence of conducting performance audits. We construct a unique dataset...
Persistent link: https://www.econbiz.de/10012168282
In the economic literature various political institutions designed to control the government have been analyzed. However, an important institution has been neglected so far: independent auditing institutions with an extended mandate to analyze the budget draft and individual policy proposals. We...
Persistent link: https://www.econbiz.de/10012168284