This paper asks: What is the effect of government policy on output and inequality in an environment with education and labor-supply decisions? The answer is given in a general equilibrium model, consistent with the post 1960s facts on male wage inequality and labor supply in the U.S. In the...

Die Arbeit analysiert die Institutionalisierung von Programmevaluationen innerhalb der Zweiten Säule der Gemeinsamen Agrarpolitik der EU mit Hilfe des Institutional Analysis and Development Frame von Elinor Ostrom. Untersuchungsschwerpunkte sind die Praxis der Durchführung der Evaluationen und...

The democratic accountability of policymaking institutions which are autonomous within delegated mandates has not received as much attention as their independence. We analyze in a theoretical model the effects of accountability in the form of possible overriding of economic policy decisions by...