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Political Cronyism
Zudenkova, Galina - 2013
) generates a collective action problem among the subordinates appointed by the politician. As a result, the cronyism problem …This paper analyzes incentives for cronyism in politics within an agency problem model with moral hazard. The analysis …
Persistent link: https://www.econbiz.de/10014160550
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Politics in the family : nepotism and the hiring decisions of Italian firms
Gagliarducci, Stefano; Manacorda, Marco - 2016
having a politician in the family is around 3.5 percent worth of private sector earnings and that each politician is able to …
Persistent link: https://www.econbiz.de/10011442303
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Politics in the family : nepotism and the hiring decisions of Italian firms
Gagliarducci, Stefano; Manacorda, Marco - 2016
having a politician in the family is around 3.5 percent worth of private sector earnings and that each politician is able to …
Persistent link: https://www.econbiz.de/10011455710
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Political Cronyism
Zudenkova, Galina - 2014
This paper analyzes incentives for cronyism in politics within a political agency model with moral hazard. The analysis … returns to bringing in efficient individuals in the politician's team. Moreover, the nature of political promotions (such that … a crony's career is tied to that of his patron) leads to the alignment between political objectives of the politician …
Persistent link: https://www.econbiz.de/10013068221
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Inherent Quality or Nepotism? : Performance Analysis of Political Dynasties in a Democracy
Tantri, Prasanna L. - 2017
While persistence of political dynasties in a democracy has received attention, the performance of dynasts remains unstudied. using a regression discontinuity (RD) framework, we compare dynastic representatives, who defeat non-dynastic candidates by a close margin with non-dynastic...
Persistent link: https://www.econbiz.de/10012972478
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The workforce of clientelism : the case of local officials in the party machine
Shenoy, Ajay; Zimmermann, Laura - 2021
Local politicians can function as crucial intermediaries between voters and party bosses in a clientelistic network. We study their role by matching data on 300 million welfare payments in the Indian state of West Bengal to village-level election returns. Local politicians systematically...
Persistent link: https://www.econbiz.de/10012607885
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The economics of politics : patronage and political selection in Italy
Quaresima, Federico; Fiorillo, Fabio - 2016
This article investigates the patronage phenomenon in the italian, so called, Second Republic. In particular, the analysis argues that (ex) members of parliament are appointed to managerial boards in italian (partially) state-owned enterprises responding to political selection rationales....
Persistent link: https://www.econbiz.de/10011571525
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Politics in the Family : Nepotism and the Hiring Decisions of Italian Firms
Gagliarducci, Stefano - 2016
having a politician in the family is around 3.5 percent worth of private sector earnings and that each politician is able to …
Persistent link: https://www.econbiz.de/10012995594
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Campaign connections
Bazzi, Samuel; Labanca, Claudio - 2023
This paper explores the labor market returns to working on a victorious political campaign. Using unique administrative data from Brazil, we track the earnings and employment of campaign workers before and after close elections spanning nearly 20 years. We identify sizable returns to working for...
Persistent link: https://www.econbiz.de/10014281242
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Power, scrutiny, and congressmen's favoritism for friends' firms
Do, Quoc-Anh; Lee, Yen Teik; Nguyen, Bang Dang; Nguyen, … - 2023
Does higher office always lead to more favoritism? We argue that firms may lose their benefit from a connected politicians ascent to higher office, if it entails stricter scrutiny that may reduce favoritism. Around close Congress elections, we find RDD-based evidence of this adverse effect that...
Persistent link: https://www.econbiz.de/10014427625