G2TT
来源类型Discussion paper
规范类型论文
来源IDDP2438
DP2438 Evaluating The Persistence And Structuralist Theories Of Unemployment
Gylfi Zoega; Jerry Coakley; Ana-Maria Fuertes
发表日期2000-04-28
出版年2000
语种英语
摘要We present a simple theory of the quality of elected officials. Quality has (at least) two dimensions: competence and honesty. Voters prefer competent and honest policymakers, so high-quality citizens have a greater chance of being elected to office. But low-quality citizens have a 'comparative advantage' in pursuing elective office, because their market wages are lower than the market wages of high-quality citizens (competence), and/or because they reap higher returns from holding office (honesty). In the political equilibrium, the average quality of the elected body depends on the structure of rewards from holding public office. Under the assumption that the rewards from office are increasing in the average quality of office holders there can be multiple equilibria in quality. Under the assumption that incumbent policymakers set the rewards for future policymakers there can be path dependence in quality.
主题International Macroeconomics
关键词Citizens-candidates Competence Elected officials' corruption
URLhttps://cepr.org/publications/dp2438
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/531520
推荐引用方式
GB/T 7714
Gylfi Zoega,Jerry Coakley,Ana-Maria Fuertes. DP2438 Evaluating The Persistence And Structuralist Theories Of Unemployment. 2000.
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