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The challenge of public administration reform is well-known: politicians often have little interest in the efficient … research uses evidence from a small group of countries to conclude that clientelistic politicians resist reforms that restrict … second mechanism through which non-programmatic parties undermine public sector reform: clientelistic politicians have weaker …
Persistent link: https://www.econbiz.de/10011292966
This work analyzes the impact of asymmetric financial constraints on the platforms of parties, using a formal model of elections. The main results show that when a party faces a tight financial constraint, the platform chosen in equilibrium is further away from its ideal point compared with the...
Persistent link: https://www.econbiz.de/10011717821
candidates vs proportional system with open list of candidates - on the quality of politicians. The exogenous variation in the … implement a Difference-in- Differences approach to compare the change in politicians' quality (as their education level) across … the treatment group (the Parliamentarians) and the control group (the regional councillors) of politicians before and …
Persistent link: https://www.econbiz.de/10012317702
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We study the effectiveness of climate change policy in a model with multiple non-renewable resources that differ in their carbon content. We find that, when allowing some time between announcement and implementation of a cap on carbon dioxide emissions, emissions from non-renewable energy...
Persistent link: https://www.econbiz.de/10008799171
This paper examines the price impact of trading due to expected changes in the FTSE 100 index composition, which employs publicly-known objective criteria to determine membership. Hence, it provides a natural context to investigate anticipatory trading effects. We propose a panel-regression...
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