reliability hides significant differences in the budget credibility of different sectors, with social sectors contributing more to … budget credibility than their weight in overall public expenditure. We find a strong suggestion that the budgeting and … credibility in Mozambique. Further, resources originally budgeted for investment seem to be possibly used to fund current …

current policy choice. Deviating from (exogenous) traditional party policy reduces the credibility of a party in the eyes of … voters of both parties. They get either desensitised or over-sensitised in respect to party credibility which alters the …

ineffective. We can rationalize this result with a novel model about the credibility of cheap-talk messages. This credibility is … credibility and show, both theoretically and experimentally, an interaction effect of network structure and communication …