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Should different people have different governments?
Boffa, Federico; Piolatto, Amedeo; Ponzetto, Giacomo A. M. - Department of Economics and Business, Universitat … - 2011
The classic theory of fiscal federalism suggests that different people should have different governments. Yet, separate local governments with homogeneous constituents often end up doing poorly. This paper explains why and answers three questions: when regions are heterogeneous, what determines...
Persistent link: https://www.econbiz.de/10010849630
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Should Different People Have Different Governments?
Boffa, Federico; Piolatto, Amedeo; Ponzetto, Giacomo - Barcelona Graduate School of Economics (Barcelona GSE) - 2015
The classic theory of fiscal federalism suggests that different people should have different governments. Yet, separate local governments with homogeneous constituents often end up doing poorly. This paper explains why and answers three questions: when regions are heterogeneous, what determines...
Persistent link: https://www.econbiz.de/10011274513
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Labor Mobility of Scientists, Technological Diffusion, and the Firm's Patenting Decision
Kim, Jinyoung; Marschke, Gerald - In: RAND Journal of Economics 36 (2005) 2, pp. 298-317
We develop and test a model of the patenting and R&D decisions of an innovating firm whose scientist-employees sometimes quit to join or start a rival. In our model, the innovating firm patents to protect itself from its employees. We show theoretically that the risk of a scientist's departure...
Persistent link: https://www.econbiz.de/10005353928
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Careerist Judges
Levy, Gilat - In: RAND Journal of Economics 36 (2005) 2, pp. 275-297
I analyze how careerist judges formulate their decisions using information they uncover during deliberations as well as relevant information from previous decisions. I assume that judges have reputation concerns and try to signal to an evaluator that they can interpret the law correctly. If an...
Persistent link: https://www.econbiz.de/10005357079
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How Polarization and Political Instability affect Learning through Experimentation
Ossokina, Ioulia V.; Swank, Otto H. - Tinbergen Institute - 2001
following elections (exogenous elections) and <LI>the decision is salient and the election outcome depends on it (endogenous … elections). </OL> We show that while the possibility of learning increases activism, the existence of political instability … distorts learning. Furthermore, in contrast to the existing literature, we demonstrate that, when elections are exogenous …
Persistent link: https://www.econbiz.de/10005144519
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Looking Beyond the Incumbent: The Effects of Exposing Corruption on Electoral Outcomes
Chong, Alberto; O, Ana L. De La; Karlan, Dean; … - Economic Growth Center, Economics Department - 2012
copious corruption not only decreases incumbent support in local elections in Mexico, but also decreases voter turnout …
Persistent link: https://www.econbiz.de/10009653352
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Pandering, Faith and Electoral Competition.
Gratton, Gabriele - School of Economics, UNSW Business School - 2011
This paper investigates a common criticism of competitive elections: candidates pander to voters and choose the most …
Persistent link: https://www.econbiz.de/10010543512
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Centralization and accountability: theory and evidence from the Clean Air Act
Boffa, Federico; Piolatto, Amedeo; Ponzetto, Giacomo A. M. - Institut d'Economia de Barcelona (IEB), Facultat … - 2012
This paper studies fiscal federalism when voter information varies across regions. We develop a model of political agency with heterogeneously informed voters. Rent-seeking politicians provide public goods to win the votes of the informed. As a result, rent extraction is lower in regions with...
Persistent link: https://www.econbiz.de/10010548100
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Pandering and electoral competition
Gratton, Gabriele - In: Games and Economic Behavior 84 (2014) C, pp. 163-179
We study an election with two perfectly informed candidates. Voters share common values over the policy outcome of the election, but possess arbitrarily little information about which policy is best for them. Voters elect one of the candidates, effectively choosing between the two policies...
Persistent link: https://www.econbiz.de/10010753438
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Centralization and accountability: Theory and evidence from the Clear Air Act
Boffa, Federico; Ponzetto, Giacomo A.M.; Piolatto, Amedeo - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2013
This paper studies fiscal federalism when voter information varies across regions. We develop a model of political agency with heterogeneously informed voters. Rent-seeking politicians provide public goods to win the votes of the informed. As a result, rent extraction is lower in regions with...
Persistent link: https://www.econbiz.de/10010643278