Abrate, Graziano; Boffa, Federico; Erbetta, Fabrizio; … - Collegio Carlo Alberto, Università degli Studi di Torino - 2013
This paper explores the link between accountability, corruption and efficiency in the context of a career concern model where politically con- nected local monopolies are in charge of the provision of a local public service. We fi?nd that both corruption and a low degree of accountabil- ity...