| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2757 |
| DP2757 Price Stability as a Nash Equilibrium in Monetary Open-Economy Models | |
| PIerpaolo Benigno; Gianluca Benigno | |
| 发表日期 | 2001-04-24 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | The determinants of government responsiveness to its citizens is a key issue in political economy. Here we develop a model based on the solution of political agency problems. Having a more informed and politically active electorate strengthens incentives for governments to be responsive. This suggests that there is a role both for democratic institutions and the mass media in ensuring that the preferences of citizens are reflected in policy. The ideas behind the model are tested on panel data from India. We show that public food distribution and calamity relief expenditure are greater, controlling for shocks, where governments face greater electoral accountability and where newspaper circulation is highest. |
| 主题 | Public Economics |
| 关键词 | Government responsiveness Mass media Newspapers Political economy Political agency Political accountability Social protection Disaster relief Public food distribution |
| URL | https://cepr.org/publications/dp2757 |
| 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/531819 |
| 推荐引用方式 GB/T 7714 | PIerpaolo Benigno,Gianluca Benigno. DP2757 Price Stability as a Nash Equilibrium in Monetary Open-Economy Models. 2001. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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