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We present a tractable stochastic endogenous growth model that explains how social capital influences economic development. In our model, social capital increases citizens' awareness of government activity. Hence, it alleviates the electoral incentives to under- invest in education, whose...
Persistent link: https://www.econbiz.de/10009652113
We present a tractable stochastic endogenous growth model that explains how social capital influences economic development. In our model, social capital increases citizens' awareness of government activity. Hence, it alleviates the electoral incentives to under-invest in education, whose returns...
Persistent link: https://www.econbiz.de/10011084642
Over 150 countries allow expatriate citizens to vote in their country of origin. Yet, little is known about their voting behavior and how this is affected by host countries. Using unique micro-data on Chilean expatriates living in Europe, we study how the host country's turnout affects...
Persistent link: https://www.econbiz.de/10012797245
Over 150 countries allow expatriate citizens to vote in their country of origin. Yet, little is known about their voting behavior and how this is affected by host countries. Using unique micro-data on Chilean expatriates living in Europe, we study how the host country's turnout affects...
Persistent link: https://www.econbiz.de/10012650135
becomes a more accurate signal of her ability. Elections reduce the learning effect, and the reduction in this effect may more … than offset the positive “career concerns” effect of elections on effort. Moreover, when this occurs, appointment of … officials may welfare-dominate elections. …
Persistent link: https://www.econbiz.de/10005368541
public good spillovers or economies of scale, so that absent elections, voters are indifferent about the fiscal regime. The …
Persistent link: https://www.econbiz.de/10005504327
This paper examines the impact of the political party structure on the incentives for politicians to focus on patronage versus service delivery improvements in Pakistan. By analysing inter-provincial variations in the quality of service delivery in Pakistan, the paper argues that the more...
Persistent link: https://www.econbiz.de/10008567990
This paper studies fiscal federalism when regions differ in voters’ ability to monitor public officials. We develop a model of political agency in which rent-seeking politicians provide public goods to win support from heterogeneously informed voters. In equilibrium, voter information...
Persistent link: https://www.econbiz.de/10011084457
Persistent link: https://www.econbiz.de/10014460418
Persistent link: https://www.econbiz.de/10012487548