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The Hold-Down Problem and the Boundaries of the Firm: Lessons from a Hidden Action Model with Endogenous Outside Option
Schnedler, Wendelin; Sunde, Uwe - 2002
This paper offers a rationale for limiting the delegation of (real) authority, which neither relies on insurance arguments nor depends on ownership structure. We analyse a repeated hidden action model in which the actions of a risk neutral agent determine his future outside option. Consequently,...
Persistent link: https://www.econbiz.de/10010262786
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Political preferences and public sector outsourcing
Elinder, Mikael; Jordahl, Henrik - 2012
, it is somewhat surprising that many social scientists have preferred to explain government outsourcing by the pursuit of … economic efficiency. Starting out from different theories, we investigate political explanations of government outsourcing … using a Swedish data set in which outsourcing varies between municipalities and over time, as well as between services. Our …
Persistent link: https://www.econbiz.de/10010287703
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The Hold-Down Problem and the Boundaries of the Firm: Lessons from a Hidden Action Model with Endogenous Outside Option
Schnedler, Wendelin; Sunde, Uwe - Institute for the Study of Labor (IZA) - 2002
This paper offers a rationale for limiting the delegation of (real) authority, which neither relies on insurance arguments nor depends on ownership structure. We analyse a repeated hidden action model in which the actions of a risk neutral agent determine his future outside option. Consequently,...
Persistent link: https://www.econbiz.de/10005703716
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Political Preferences and Public Sector Outsourcing
Elinder, Mikael; Jordahl, Henrik - Institute for the Study of Labor (IZA) - 2012
, it is somewhat surprising that many social scientists have preferred to explain government outsourcing by the pursuit of … economic efficiency. Starting out from different theories, we investigate political explanations of government outsourcing … using a Swedish data set in which outsourcing varies between municipalities and over time, as well as between services. Our …
Persistent link: https://www.econbiz.de/10010695872
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Fiscal decentralization and development: How crucial is local politics?
Pal, Sarmistha; Roy, Jaideep - 2010
Does fiscal decentralization in a politically decentralized less developed country help strengthen democratic … institutions at the grass root level? And is the impact of such decentralization on local politics important in determining local … development? Our study on Indonesia suggests that fiscal decentralization enhanced free and fair local elections, though the …
Persistent link: https://www.econbiz.de/10010274661
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Distributional Effects of Intergovernmental Transfers in Mexico
Rodriguez Castelan, Carlos; Cadena, Kiyomi; Herrera, … - 2020
A rigorous understanding of the developmental effect of fiscal transfers to subnational governments remains an important policy research issue globally. This paper exploits a novel dataset of 20 years of municipal poverty maps and local public finances to study the effects on local welfare of a...
Persistent link: https://www.econbiz.de/10012207829
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Taxation, Social Protection, and Governance Decentralization
Epstein, Gil S.; Gang, Ira N. - 2017
. We show the potential existence of a poverty trap as a result of decentralization in taxation decisions. …
Persistent link: https://www.econbiz.de/10011786998
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Fiscal Decentralization and Development: How Crucial is Local Politics?
Pal, Sarmistha; Roy, Jaideep - Institute for the Study of Labor (IZA) - 2010
Does fiscal decentralization in a politically decentralized less developed country help strengthen democratic … institutions at the grass root level? And is the impact of such decentralization on local politics important in determining local … development? Our study on Indonesia suggests that fiscal decentralization enhanced free and fair local elections, though the …
Persistent link: https://www.econbiz.de/10008683656
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The Importance of Being Local? Administrative Decentralization and Human Development
Chaudhary, Latika; Iyer, Lakshmi - 2024
governments in India, using state-level variation in the timing of administrative decentralization reforms. We find that …
Persistent link: https://www.econbiz.de/10015045413
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Stalin and the Origins of Mistrust
Nikolova, Milena; Popova, Olga; Otrachshenko, Vladimir - 2019
We show that current differences in trust levels within former Soviet Union countries can be traced back to the system of forced prison labor during Stalin's rule, which was marked by high incarceration rates, repression, and harsh punishments. We argue that those exposed to forced labor camps...
Persistent link: https://www.econbiz.de/10012006026