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Fighting public-sector corruption has become a priority for most governments and international organizations. The public sector is the source of many benefits. Realizing improper private gains from these benefits has long been the core definition of corruption. As the public sector grows and...
Persistent link: https://www.econbiz.de/10012017237
Madhav Khosla's brilliant book, India's Founding Moment , is self-consciously a work on the history of ideas. Nonetheless, the subtitle of India's Founding Moment — The Constitution of a Most Surprising Democracy —implies that Khosla draws a connection between the ideas that shaped the...
Persistent link: https://www.econbiz.de/10013171024
The paper highlights the importance of the design of the fiscal features of the federal system of government in ensuring that potential benefits from its adoption are realized. This economic literature on fiscal federalism posits a framework that delineates the potential benefits ensuing from...
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This article analyzes paths and patterns of partisan appointments among sector-categories in the executive branch of Brazil from 1986 to 2016. The analysis sought to understand nuances of partisan appointments for ministries in different periods taking into consideration different presidential...
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When it comes to environmental quality preferences, it is popularly believed that Democrats (and more generally, liberals) are green while Republicans (conservatives) are brown. Does empirical evidence support this popular belief? We test the hypothesis that regional political identification...
Persistent link: https://www.econbiz.de/10010294295
Using monthly data for the period 1953-2003, we apply a real-time modeling approach to investigate the implications of U.S. political stock market anomalies for forecasting excess stock returns. Our empirical findings show that political variables, selected on the basis of widely used model...
Persistent link: https://www.econbiz.de/10010295813
This paper provides a theoretical model of electoral competition in a multidimensional political arena with a heterogenous electorate and politically active interest groups. The emerging pattern of movement in policy platforms is fundamentally different to the concept of convergence proposed by...
Persistent link: https://www.econbiz.de/10010296554