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. Second, the role of the bureaucrat in the EGS is not clearly defined. A number of analytical results are obtained. A major … one is giving the bureaucrat a long-term task (durable assets) as his objective will ensure the completion of both tasks …
Persistent link: https://www.econbiz.de/10009365075
conjunction with the type of task. If effort in one task is an input in another task, giving the bureaucrat the second task as his …
Persistent link: https://www.econbiz.de/10011107995
. Second, the role of the bureaucrat in the EGS is not clearly defined. A number of analytical results are obtained. A major … one is giving the bureaucrat a long-term task (durable assets) as his objective will ensure the completion of both tasks …
Persistent link: https://www.econbiz.de/10005488225
) 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
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
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
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
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
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
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