Showing 31 - 40 of 4,765
This paper studies determinants of MPs expense claims in Parliament using the data released under the freedom of information act in 2004. Using a multiple regression framework, we correlate expenses with three sets of variables: constituency characteristics, party affiliation and individual...
Persistent link: https://www.econbiz.de/10010746526
Mass media can play a key role in enabling citizens to monitor the actions of incumbents and to use this information in their voting decisions. This can lead to government which is more accountable and responsive to its citizens' needs. In spite of the intuitive plausibility of the proposition,...
Persistent link: https://www.econbiz.de/10010746635
What policies and institutions are needed to sustain long-run growth in the UK? We describe an optimistic story of the UK economy over the past 30 years. From the late 1970s, the UK reversed a century of relative decline in terms of per capita GDP with our main counterparts in the US, France and...
Persistent link: https://www.econbiz.de/10011125977
While the regulation of tenancy arrangements is widespread in the developing world, evidence on how such regulation influences the long-run allocation of land and labor remains limited. To provide such evidence, this paper exploits quasi-random assignment of linguistically similar areas to...
Persistent link: https://www.econbiz.de/10011126284
When social benefits cannot be measured, a hybrid organization which selects managers based on motivation can be used to balance profi…ts with a social purpose. This paper develops a model of social enterprise based on selection of citizen-managers with this goal in mind. It develops the...
Persistent link: https://www.econbiz.de/10011126348
We explore the consequence for taxation and regulation of bonus pay when investors are protected by taxpayers from downside risk. The paper develops a model where workers in financial sector firms make decisions about effort and risktaking which are influenced by the structure of bonus pay....
Persistent link: https://www.econbiz.de/10011126630
Improving accountability in public services has been a central objective of many public sector reforms in recent years. Chief among these have been efforts to generate observable performance measures as a basis for monitoring performance. This paper examines a natural experiment in regimes...
Persistent link: https://www.econbiz.de/10011126700
This paper uses household data from India to examine the economic and social status of village politicians, and how individual and village characteristics a®ect politician behavior while in o±ce. Education increases the chances of selection to public o±ce and reduces the odds that a...
Persistent link: https://www.econbiz.de/10011071156
This paper analyzes the role of public and private responsibility in the provision of public goods. We emphasize that a typical public good will require many different inputs which raises the possibility of partnerships to exploit comparative advantages of different parties. But hold-up problems...
Persistent link: https://www.econbiz.de/10011071469
This paper explores the logic of fiscal restraints in a political agency model with both moral hazard and adverse selection. The role of the political process is both to discipline incumbents who may act against the public interest and to sort in those politicians who are most likely act in...
Persistent link: https://www.econbiz.de/10011071553